Coastal Capital Advisors

Coastal Capital Advisors serves individuals (including high-net-worth clients), trusts, estates, business entities, charitable organizations and retirement plans with ongoing discretionary investment management, financial planning, and broader wealth management services. Portfolios are typically constructed from a mix of individual stocks, bonds, closed-end funds and ETFs, and the firm also provides incidental advice on matters such as 401(k) allocations, real estate or private business transactions.

The firm combines a financial-planning perspective with a value-based, long-term asset allocation approach and documents client objectives in a custom Investment Policy Statement that is reviewed periodically (typically quarterly). Coastal Capital uses a third‑party platform to monitor held-away retirement accounts and, when appropriate, retains independent third‑party advisers to manage portions of client portfolios.

Coastal Capital’s brochure discloses several features that distinguish it from many peers: it may recommend SyntheticFi to facilitate securities‑backed box spread loans and Nuveen for tax‑advantaged long/short equity strategies, and it uses a prime brokerage arrangement via its required custodian to access corporate bond execution from B. Riley. The firm also offers a hybrid billing arrangement—an annual flat fee that can be replaced by an asset‑based fee when clients meet certain asset thresholds—and requires clients to custody assets with its designated custodian.