Bridgepoint Investment Banking Advises RIA Coastline Wealth Management on Institutional Capital Raise

September 30, 2024 – New York, NY – Bridgepoint Investment Banking (“Bridgepoint”) acted as the sole financing arranger to Coastline Wealth Management (“Coastline”) to raise institutional capital to accelerate its growth and complete several acquisitions.

Established in 2012, Coastline Wealth Management provides comprehensive wealth management services to individuals, families, retirees, and business owners, including industrial wealth management, retirement planning, estate planning, and insurance strategies. Coastline has an impressive history of growth organically and via strategic acquisitions. With this new capital infusion, the company will be able to execute its long-term strategy.

“This is a golden time in the wealth management industry for platforms like Coastline to attract top-tier advisors, and we needed the right capital partner to fully capitalize on the opportunity. That’s where Bridgepoint came in. Subhash Marineni (Managing Director at Bridgepoint) and his team were relentless in finding us the perfect partner. Their unwavering commitment to our objectives was a game changer, and now thanks to them, we are ready to continue to execute our strategy with precision,” said Garrett Taylor, Founder & Managing Partner of Coastline Wealth Management.

Scott Gold, Managing Partner at Z2 Investment Management added, “Working alongside Bridgepoint and Coastline has been an outstanding experience. Their market insight, strategic guidance, and ability to align all parties were instrumental in bringing this partnership to life. The Bridgepoint team’s commitment to prioritizing the client’s best interests was especially impressive. We are excited to join forces with Coastline and look forward to driving growth together.”

Subhash said, “Garrett and his team have successfully completed and integrated over 20 acquisitions in the highly competitive RIA space, all without institutional capital—an impressive achievement for a founder-owned business. We are proud to have helped Coastline secure a capital partner for their next phase of growth and are excited to see them partner with Z2 to execute their robust acquisition pipeline. Z2 has proven to be an exceptionally supportive partner throughout the process, and we are confident in their continued support moving forward.”

About Bridgepoint Investment Banking

Bridgepoint Investment Banking, a division of Bridgepoint Holdings NE, LLC, is a market-leading boutique investment bank. The Bridgepoint team, through their broker dealer relationship with M&A Securities Group, Inc., an unaffiliated entity, serves clients over their corporate lifecycles by providing capital raising and M&A advisory solutions. Bridgepoint serves clients globally across a range of focus sectors including industrials, transportation, healthcare, business and IT services, technology and consumer and retail. Learn more about Bridgepoint at bridgepointib.com.

About Coastline Wealth Management

Coastline Wealth Management is a leading firm with a robust $3 billion team that specializes in succession planning tailored specifically for financial advisors. By focusing on maximizing the value of advisory practices, Coastline empowers advisors to create sustainable, long-term strategies for transitioning their businesses, ensuring both financial stability and continuity for their clients. Their expertise in navigating the complexities of succession planning enables advisors to secure their legacy while optimizing growth potential, ultimately fostering a seamless transition that benefits all stakeholders involved.

About Z2 Investment Management

Z2 launched in 2022 to focus on lower middle market private debt and structured equity investments to US-based, non-sponsored companies.  The firm makes investments ranging in size from $10MM to $50MM primarily in first lien term loans and preferred equity.

Z2 invests in businesses that require capital beyond what bank financing sources offer, but whose owners are not ready for a sale of the business.  We design investments that fit the need of our clients and work diligently to create structures that help companies achieve their goals.