Listen to this articleA national wealth management firm said to manage $7.7 billion in client assets has rebranded. Miracle Mile Advisors, with an office in Hauppauge, is now Composition Wealth.
The new moniker reflects the firm’s growth in wealth-advisory services and technology under one platform, as well as its expanded footprint. What started as a single office in Los Angeles 18 years ago is now an organization with teams that are also in San Francisco, San Diego, Seattle, New York, Baltimore and Washington D.C., Chicago and Portland.
“Every one of our clients has their own story,” Bruce Milam, the firm’s CEO, said in a news release about the rebranding.
“We chose Composition Wealth because it reflects what we do best: We take a holistic view of our clients’ assets, goals, and financial situation to create a personalized investment plan to help them succeed. And now as a collection of advisors and specialists across the country, our new name fits perfectly with how we serve clients. This resonates with advisors who share our client service philosophy and is why accomplished professionals continue to join us.”
The firm’s advisors work with clients “on each chapter of their financial lives,” including tax, estate, investment and retirement planning needs, according to the news release.
The rebrand includes a new logo, featuring a bookend to represent the individual “financial stories” the firm helps its clients create, according to the news release. The logo includes bright green colors to illustrate the firm’s “vision of financial health, growth and stability for its clients.”
The firm’s new tagline, “Your Story Is Our Story” highlights its “commitment to internalize their clients’ financial goals and dreams and ultimately bring them to life,” according to the news release.
“We didn’t arrive at the decision to change our name to Composition Wealth lightly,” Milam said. “However, after careful deliberation, we found it best to transition the brand to a more modern and client-focused design.”
Recent growth for the firm took place in 2024, when, according to Composition Wealth, it added $2.1 billion in assets under management, largely through acquiring four new advisory firms. That year, the firm also opened its offices in Seattle and Chicago.
Other growth has included “a significant investment” back in 2022 from Corsair Capital, a private equity firm, which was followed by appointing Milam as CEO.
New leadership also includes Nate Angelo as head of wealth management to expand and enhance services, technology and expertise. Matt Dmytryszyn also joined the firm as chief investment officer.
“While our firm’s name has changed, our core values and commitment to serving clients continue,” Angelo said in the news release.
“We’ve built something special here at Composition Wealth—a place where advisors can maintain their entrepreneurial spirit while accessing sophisticated resources and expertise. But what really sets us apart is our culture of collaboration,” Angelo added. . When advisors join us, they become part of a community that works together to solve even the most complex financial challenges for our clients.”
