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NEWS > Coastal Bridge Advisors Announces Strategic Relationship with Highmore Group Advisors

Coastal Bridge Advisors Announces Strategic Relationship with Highmore Group Advisors

WESTPORT, CT – March 23, 2021 – Coastal Bridge Advisors, an independent registered investment adviser, today announced it has deepened its relationship with global alternative asset management firm Highmore Group Advisors to enhance Coastal Bridge’s investment platform for high-net-worth and ultra-high-net-worth clients. 

Highmore has been evaluating alternative investment options and providing independent guidance on alternative asset allocations for Coastal Bridge client portfolios for some time.

Going forward, Highmore will provide significantly expanded investment support services, including monitoring of alternative investments, comprehensive due diligence, asset allocation, sourcing new product offerings, and aiding in the construction of client portfolios. Highmore will also provide research and educational support to help further simplify clients’ understanding of these investments.

“Coastal Bridge Advisors prides itself on identifying experienced providers who have proven financial solutions that can increase our ability to meet current and future investment goals for our clients,” said Bill Loftus, Founding Partner of Coastal Bridge Advisors. “As demand for alternative investments continues to expand and the investment climate evolves, Highmore is a leader in delivering comprehensive, valued-added analysis designed to uncover unique investment opportunities that may improve results.”

Founded in 2008, Coastal Bridge Advisors has successfully grown through relationships with outsourced professionals like Highmore. The boutique firm, which has offices in Connecticut and California, has seen the acceleration of alternative strategies and investment solutions as a key element of a properly diversified portfolio.

“The shift toward alternative investments is accelerating and becoming evermore important given the risks associated with increasingly correlated and volatile public markets,” said Brian Altenburg, Managing Partner and Co-Founder of Highmore. “We are excited to work more closely with Coastal Bridge Advisors and to help them build a more comprehensive investment platform. Our firms share a common vision of differentiation, and a commitment to identifying compelling non-traditional investments that can support the goals of clients while adding critical diversification.”

The Highmore team brings to bear experience from some of the industry’s leading financial institutions and alternative investment firms, such as Bank of America/Merrill Lynch, Citibank, and Man Group. Highmore provides asset management, as well as OCIO and advisory services, from offices in New York, London, and Los Angeles.

“To consistently move the needle for our clients, we must adapt and find new alternatives in both public and private market investments,” said Jeff Kalapos, Director of Investment Services at Coastal Bridge Advisors. “Highmore will create greater efficiencies for our team and further diversify our reach in the alternatives sphere. We see this type of relationship driving the future of the wealth management industry and we’re excited to be out in front.”

About Coastal Bridge Advisors:

Coastal Bridge Advisors is an independent registered investment adviser founded in 2008 with the aim to provide better client service, personalized and sophisticated guidance, as well as coordinated advice delivery. Its goal is to “Uncomplicate It” for clients, which means explaining even the most complex concepts in a way that delivers the simple clarity clients deserve. The firm is focused on helping its clients more clearly plan for retirement, more simply transfer wealth to future generations and more effortlessly enjoy the lifestyle they want today. More information about the firm, including its disclosures, can be found at www.coastalbridgeadvisors.com.

Contact: Christine Smith at 203-742-5957

csmith@coastalbridgeadvisors.com

About Highmore Group Advisors, LLC:

Headquartered in New York, with offices in London and Los Angeles, Highmore is a diversified global alternative asset management firm. Highmore was founded by a deeply experienced team with a long-shared history at firms such as Man Group, FrontPoint Partners, Bank of America Merrill Lynch, Citigroup, and Oppenheimer & Co., where the team built investment businesses, developed differentiated alternative investment strategies, managed funds, and oversaw assets in excess of USD $25 billion.

Acting as both principal investors and allocators, Highmore manages and advises on assets in excess of USD $2.4 billion on behalf of sophisticated private and institutional clients.  Highmore offers a unique breadth and depth of expertise across the whole of the alternative investment universe, in both liquid and illiquid investments: from private credit to real estate, private equity to hedge funds, and liquid alternatives to cash management. Highmore works with clients either tactically, providing access to and support for specific investment opportunities, or holistically, managing clients’ complete investment portfolios through a proprietary risk mitigation framework. More information about the firm can be found at  www.highmore.com.

Contact:  Jon David Willingham, Partner

jon.david.willingham@highmore.com

March 2021