Miracle Mile Advisors, a Los Angeles-based independent RIA, is expanding its presence in the Pacific Northwest with a new office in Seattle.

The addition helps fulfill the firm’s plans to position itself to growth by adding more advisors to its seven offices, Miracle Mile said in making the announcement. The firm offers customized planning for high net worth individuals and families nationwide.

Bruce Milam, CEO, and Nate Angelo, head of wealth management, will be located in the new office. Angelo was hired recently to head the next phase of the firm’s growth, Miracle Mile said.

“We are thrilled to open our new office in Seattle, a key strategic market for wealth management activity in the Pacific Northwest,” Angelo said in a statement. “Miracle Mile is committed to bringing on the industry’s most talented and motivated advisors, providing a personalized experience that fully supports them as they serve their clients and standing out as the destination of choice for advisors seeking a long-term partner for mutual success at every stage of their careers.”

Miracle Mile recently received an investment from Corsair Capital, a private equity firm focused on investments in the financial services, payments and software industries based in New York City.

It also recently merged with Karp Capital Management, a wealth management firm based in the San Francisco Bay area with more than $1.2 billion in client assets. Miracle now has more than $5 billion in client assets and 25 advisors. In addition to Los Angeles and Seattle, the firm has offices in San Francisco, New York, San Diego, Chicago, and Portland, Ore.