{"url":"https://nivawealth.com/firms/coastal-wealth-advisors-174574","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/174574","regulatoryAum":106620193,"crd":"174574","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5442641","suffix":null,"lastName":"BRUNNER","firstName":"SHAWN","middleName":"PATRICK"},{"crd":"5195300","suffix":null,"lastName":"FOLLMER","firstName":"JUSTIN","middleName":"MATTHEW"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135530","legalName":"Coastal Wealth Advisors, LLC","displayName":"Coastal Wealth Advisors","slug":"coastal-wealth-advisors-174574","website":"https://coastalwealthadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/174574/dd1df1b2110a075b-r1.webp","tone":"light","width":269,"height":200,"sourceUrl":"https://coastalwealthadvisors.com/","sourceLabel":"Coastal Wealth Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"South Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3464 Maybank Highway, Unit E","city":"Johns Island","state":"SC","stateName":"South Carolina","country":"United States","postalCode":"29455"},"tradeNames":["Coastal Wealth Advisors"],"registration":{"secApproved":"12 March 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":854081.5454545454,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":106620193,"discretionary":106620193,"discretionaryAccounts":274,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":7},"clientTypes":[{"label":"Individuals (other than HNW)","clients":84,"regulatoryAum":24456079},{"label":"High-net-worth individuals","clients":26,"regulatoryAum":69492891},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":3529939},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":9141284}],"feePrograms":[{"role":"main","program":"Investment Advisory & Managed Account Services","feeBasis":"whole_balance","fee_tiers":[{"to":250000,"pct":1.5,"from":0},{"to":750000,"pct":1.35,"from":250000},{"to":1500000,"pct":1.15,"from":750000},{"to":3000000,"pct":1,"from":1500000},{"to":5000000,"pct":0.85,"from":3000000},{"to":10000000,"pct":0.75,"from":5000000},{"to":null,"pct":0.5,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054629","versionId":1054629,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-08-12","documentName":"FORM ADV PART 2A","fee_rate_low":0.5,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Personal Financial Planning","summary":"Financial planning and consulting is a flat fee of $4,000 to $9,000 set by complexity, half payable on signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054629","versionId":1054629,"submittedOn":"2026-08-12","documentName":"FORM ADV PART 2A"},{"role":"other","program":"Retirement Plan Consulting","summary":"Retirement plan consulting is an annual fee of 0.20% of plan assets, payable quarterly in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054629","versionId":1054629,"submittedOn":"2026-08-12","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:06:33.568851+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054629","versionId":1054629,"submittedOn":"2026-08-12"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Omaha, NE","smaAssets":106620193}],"custodyNote":"Coastal Wealth Advisors has custody of $53M in client assets for 51 clients.","otherCustodians":[],"leadership":[{"name":"Justin Follmer","title":"President, Chief Compliance Officer","crd":"5195300"}],"ownership":[{"label":"Justin Follmer","detail":"President, chief compliance officer in the 75% or more ownership band and a control person, since November 2009."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"South Carolina","offices":1,"addresses":[{"street":"3464 Maybank Highway, Unit E","city":"Johns Island","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"843-870-9568","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":11},{"label":"Securities issued by registered investment companies or business development companies","percent":88},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"12 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/174574/PDF/174574.pdf","brochureDate":"12 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054629","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Coastal Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Coastal Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Coastal Wealth Advisors charge?","answer":"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.","source":"FORM ADV PART 2A, filed 12 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Coastal Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Coastal Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Coastal Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Coastal Wealth Advisors have a minimum investment?","answer":"Yes, Coastal Wealth Advisors’ minimum account size for its Investment Advisory & Managed Account Services is $500K.","source":"FORM ADV PART 2A, filed 12 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Coastal Wealth Advisors?","answer":"Coastal Wealth Advisors’ direct owner is Justin Follmer (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Coastal Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Coastal Wealth Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 12 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}