Coast Wealth Management, Inc.

Coast Wealth Management provides personalized financial planning and investment management to individuals, trusts, estates, charitable organizations, pension and profit‑sharing plans, and small businesses. The firm reports managing approximately $42.75 million in client assets for about 25 clients and delivers ongoing advice on cash flow, retirement, tax and estate matters as part of its advisory services.

Investment implementation follows a strategic asset allocation, core‑and‑satellite approach that uses passive index funds and ETFs as the core while adding active funds or individual securities where appropriate, and portfolios are globally diversified. The firm emphasizes a consultative relationship in which clients retain final decision authority; the brochure shows about $8.2 million is managed on a discretionary basis while $34.55 million is managed non‑discretionarily and trades are generally placed under a limited power of attorney with client concurrence.

Coast Wealth Management operates on a fee‑only basis and states it does not accept commissions, soft dollars, or third‑party compensation, and it documents client objectives in investment policy statements with regular account reviews. Distinctive for a small independent practice, a large majority of its assets are managed non‑discretionarily and the firm maintains formal business continuity arrangements with a national custodian network; the brochure also discloses a brief regulatory license lapse in 2018 that was promptly cured and reinstated.