Miracle Mile Advisors hires team from Payden & Rygel

Trio managed $2 billion for small and mid-sized institutions

Three institutional consultants from Payden & Rygel have joined Miracle Mile Advisors, a Los Angeles, Calif.-based registered investment advisory managing $1.4 billion.

The team — Gerard Tamparong, Frank Lee and Michael Treidl — managed a $2 billion institutional consulting practice at Payden & Rygel where they served small and mid-sized institutions including pension plans, foundations, endowments, Native American Indian tribes, non-profit organizations, schools and union portfolios.

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