{"id":823121,"date":"2026-08-23T12:18:19","date_gmt":"2026-08-23T12:18:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/823121\/"},"modified":"2026-08-23T12:18:19","modified_gmt":"2026-08-23T12:18:19","slug":"coastline-wealth-closes-credit-deal-hits-6b-in-aum","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/823121\/","title":{"rendered":"Coastline Wealth Closes Credit Deal, Hits $6B in AUM"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Coastline Wealth Management, a New York-based advisory practice affiliated with Kestra Financial, has closed on a senior secured credit facility with Brightwood Capital Advisors, a private credit firm focused on middle-market companies, raising $100 million in financing.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Simultaneously, Coastline announced it completed 12 acquisitions, bringing its total assets under management and administration to more than $6 billion. The financing will go toward Coastline\u2019s continued growth and acquisition strategy.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cSurpassing $6 billion in assets is an exciting milestone and, more importantly, a reflection of the quality of the advisors and teams who continue to choose to build their future with us,\u201d said Garrett Taylor, CEO of Coastline Wealth Management. \u201cTheir investment gives us the financial depth to execute our growth plan, expand our platform through strategic acquisitions, and continue building the resources our advisors need to best serve their clients.\u201d<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ibd-news\/kestra-financial-hires-wealth-management-head-from-blackrock\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Kestra Financial Hires Wealth Management Head from BlackRock<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Coastline was founded in 2012 by Garrett and Cindy Taylor, with about $20 million in assets. Since then, the firm has completed more than 30 acquisitions and now serves more than 10,000 clients across $6 billion in assets.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cWe are excited to partner with Coastline at such an important point in the company\u2019s growth and at a time where so many financial advisors are looking for exactly the type of solutions Coastline provides,\u201d said Chris Warren, managing director and co-head of Capital Markets at Brightwood Capital, in a statement. \u201cTheir team has built a strong platform, a respected brand and an approach designed to meet the needs of wealth professionals at a range of pivotal points in their respective careers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Coastline Wealth Management, a New York-based advisory practice affiliated with Kestra Financial, has closed on a senior secured&hellip;\n","protected":false},"author":2,"featured_media":823122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-823121","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/823121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=823121"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/823121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/823122"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=823121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=823121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=823121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}