Bel Air Investment Advisors LLC, a Los Angeles wealth manager for individuals, families, trusts, and foundations, said Tuesday that it had hired Michael B. Miller as a managing director and Josh Markman as a vice president.

Mr. Miller was the founding partner of Miller Law, a Beverly Hills boutique law firm specializing in business-related and transactional law. Mr. Markman was a vice president in fixed-income, equity, and alternative investments at Goldman Sachs & Co. in Los Angeles.

Bel Air Investment Advisors had $5 billion of assets under management at Aug. 31.

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