Coastal Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
Coastal Wealth Advisors reports 110 clients. They include 84 individual clients and 26 high-net-worth individuals. Of its assets, 100.0% ($107M across 274 accounts) are managed with discretion. It advised 7 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 23% |
| High-net-worth individuals | 24% | 65% |
| Charitable organizations | Fewer than 5 | 3% |
| Corporations and other businesses | Fewer than 5 | 9% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 84 | $24.5M | 22.9% | $291K |
| High-net-worth individuals | 26 | $69.5M | 65.2% | $2.67M |
| Charitable organizations | Fewer than 5 | $3.53M | 3.3% | — |
| Corporations and other businesses | Fewer than 5 | $9.14M | 8.6% | — |
| Total | 110 | $107M | 100% | — |
- Clients
- 84
- Regulatory AUM
- $24.5M
- AUM share
- 22.9%
- Avg. per client
- $291K
- Clients
- 26
- Regulatory AUM
- $69.5M
- AUM share
- 65.2%
- Avg. per client
- $2.67M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.53M
- AUM share
- 3.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $9.14M
- AUM share
- 8.6%
- Avg. per client
- —
Total
- Clients
- 110
- Regulatory AUM
- $107M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Coastal Wealth Advisors charges 0.50%–1.50% a year for its Investment Advisory & Managed Account Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$750K | 1.35% |
| $750K–$1.5M | 1.15% |
| $1.5M–$3M | 1.00% |
| $3M–$5M | 0.85% |
| $5M–$10M | 0.75% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Personal Financial Planning
- Financial planning and consulting is a flat fee of $4,000 to $9,000 set by complexity, half payable on signing.
- Retirement Plan Consulting
- Retirement plan consulting is an annual fee of 0.20% of plan assets, payable quarterly in arrears.
Justin Follmer owns 75% or more of Coastal Wealth Advisors. The leadership team of Coastal Wealth Advisors includes President Justin Follmer. It has 2 employees.
Leadership
Justin FollmerPresident, Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 75% or more of Coastal Wealth Advisors, LLC
Justin Follmer
Control person · since November 2009
Besides its headquarters, Coastal Wealth Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in South Carolina.
South Carolina · 1 listed address
- 3464 Maybank Highway, Unit E, Johns IslandHQ
Other business names
Coastal Wealth Advisors has reported 1 other business name to the SEC.
- Coastal Wealth Advisors
Contact and registration details
- Legal name
- Coastal Wealth Advisors, LLC
- Headquarters
- 3464 Maybank Highway, Unit E, Johns Island, SC 29455
- Website
- coastalwealthadvisors.com
- Phone
- 843-870-9568
- SEC file
- 801-135530
- Structure
- South Carolina LLC
- Fiscal year end
- December
Coastal Wealth Advisors uses Charles Schwab ($107M) as custodian for its separately managed accounts. Coastal Wealth Advisors has custody of $53M in client assets for 51 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $107M100%
At year end, Coastal Wealth Advisors’ separately managed accounts were mostly in funds (88%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds88%
- Cash1%
How many clients does Coastal Wealth Advisors have?
Coastal Wealth Advisors has 110 clients and manages $107 million for them, as of August 2026. They include 84 individual clients and 26 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 August 2026
What services does Coastal Wealth Advisors offer?
Coastal Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Coastal Wealth Advisors charge?
Coastal Wealth Advisors charges 0.50%–1.50% a year for its Investment Advisory & Managed Account Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Which custodians does Coastal Wealth Advisors use?
Coastal Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $107M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 August 2026
How many financial advisors does Coastal Wealth Advisors have?
Coastal Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Coastal Wealth Advisors invest in?
At the end of its last fiscal year, Coastal Wealth Advisors’ separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Coastal Wealth Advisors have a minimum investment?
Yes, Coastal Wealth Advisors’ minimum account size for its Investment Advisory & Managed Account Services is $500K.
Who owns Coastal Wealth Advisors?
Coastal Wealth Advisors’ direct owner is Justin Follmer (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 August 2026
How does Coastal Wealth Advisors get paid?
Coastal Wealth Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Coastal Wealth Advisors?
Coastal Wealth Advisors’ main office is at 3464 Maybank Highway, Unit E, Johns Island, SC 29455. Its phone number is 843-870-9568. Its website is coastalwealthadvisors.com.