Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm focused on middle-market companies, and Coastline Wealth Management, LLC (“Coastline”), one of the fastest growing independent wealth management platforms in the United States, today announced the closing of a senior secured credit facility to support Coastline’s continued growth and acquisition strategy.
Concurrently with this financing, Coastline also completed 12 acquisitions, consisting of a combination of full and partial practice acquisitions, bringing Coastline’s total assets under management and administration to more than $6 billion.
The new financing from Brightwood provides Coastline access to additional significant capital to support its acquisition pipeline and to invest in its advisor platform.
“Surpassing $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,” said Garrett Taylor, Chief Executive Officer of Coastline Wealth Management. “It was essential to us that we worked with a private credit team that reflected the same quality and belief in what we are building. It was clear early on that Brightwood understood our business, our acquisition strategy and this opportunity for growth. Their 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.”
“We are excited to partner with Coastline at such an important point in the company’s growth and at a time where so many financial advisors are looking for exactly the type of solutions Coastline provides,” said Chris Warren, Managing Director and Co-Head of Capital Markets at Brightwood Capital. “Their 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. We were pleased to provide a financing solution that supports the company’s immediate acquisition needs while giving the business the flexibility to pursue future opportunities, and we look forward to working with the Coastline team as they continue to grow.”
Brightwood served as the sole lender and administrative agent for the transaction. For more information, visit www.brightwoodlp.com.
About Brightwood Capital Advisors
Brightwood Capital Advisors, LLC is a private investment firm with a long-standing track record of investing in middle-market businesses. Brightwood specializes in providing senior debt capital with the ability to provide full capital solutions to its portfolio companies. Brightwood primarily invests in U.S. businesses with $5-$75 million of EBITDA within five core industries: technology & telecommunications, healthcare services, business services, transportation & logistics and franchising. Founded in 2010, Brightwood has a team of nearly 70 employees who manage more than $6 billion of assets (as of March 31, 2026) on behalf of its global and institutional investor base. Brightwood is headquartered in New York City. For more information, please visit: www.brightwoodlp.com.
About Coastline Wealth Management
Founded in 2012 and headquartered on Long Island, New York, Coastline Wealth Management is an independent wealth management platform serving individuals, families, business owners and institutions across the United States. Coastline has grown from approximately $20 million in assets to more than $6 billion in assets under management and administration, serving more than 10,000 clients. Coastline has completed more than 30 acquisitions and continues to expand its presence across the United States.
The firm’s strategy is focused on acquiring the very best financial advisors and wealth management practices while preserving the entrepreneurial spirit that originally made those businesses successful. Coastline provides its advisors with a platform encompassing financial planning, investment management, practice management, marketing, technology, operational support and succession planning. Financial advisors access to Coastline’s premier resources has resulted in an organic growth rate and client retention among the best in the industry.
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