Peter Karp Email & Phone Number

As the Managing Principal at Miracle Mile Advisors, I lead an accomplished team that specializes in supporting the automotive and RV communities, as well as business owners. With over $4.5 billion in assets under management, we rank among the fastest-growing Registered Investment Advisors (RIAs) in the country. Our success is attributable to a dynamic team, our open architecture investment approach, and state-of-the-art technology.My primary objective is to help clients achieve their financial and investment goals, ensuring the least risk and greatest certainty. Through a strategic financial planning approach, we mitigate significant state and federal taxes. Additionally, my expertise in reinsurance allows car and RV dealers to maximize the profits from their F&I programs.Our investment team, an eight-person bench of professionals, manages all investments in-house, covering equity, fixed income, and alternative investments.I chose to leave Merrill Lynch, firmly believing that financial advisors should operate in a fiduciary capacity, directly serving their clients. This allows us to provide unbiased advice without being tied to the financial objectives of a large Wall Street firm.Now, our multifaceted team offers comprehensive services including financial planning, investment management, retirement planning for business owners (such as defined contribution plans), insurance planning, and generational wealth transfer planning—all under one roof. We also devote significant time advising dealer principals in mergers and acquisitions transactions, with an unwavering focus on tax mitigation within the confines of the tax code. This ensures that a dealer's hard work results in profits for them and their families, not the government.

Listed skills include Investment Advisory, Wealth Management, Investment Strategies, Corporate Retirement Plans, and 43 others.