Coast Wealth Management Group, LLC

Coast Wealth Management Group provides investment management and financial planning services to individual and business clients, delivering ongoing asset management (both discretionary and non-discretionary), full financial plans, and consultation services. The firm reports approximately $7.9 million in assets under management and supports client relationships through managed accounts and periodic planning engagements.

Portfolios and plans are developed around each client’s goals, time horizon, and risk tolerance, using fundamental analysis and a mix of long- and short-term strategies; account reviews are conducted at least quarterly and the firm may engage sub‑advisors for portfolio management. For accounts managed non‑discretionarily, the firm determines recommended trades but seeks client approval before execution, while discretionary authority is used only when granted by the client.

The firm’s brochure discloses a prior regulatory consent order related to insurance sales and notes an affiliated insurance activity in which the principal spends roughly 25% of time as a licensed insurance agent and may receive commissions; these arrangements are identified as potential conflicts and are disclosed and monitored. Unusually for comparable independent advisers, a substantial majority of the firm’s assets are managed non‑discretionarily ($6.25M non‑discretionary versus $1.65M discretionary), meaning clients retain transactional approval over most invested assets.