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AWARDS > Coastal Bridge Advisors Wins 2021 Best Private Wealth Manager Award

Coastal Bridge Advisors Wins 2021 Best Private Wealth Manager Award

Firm named repeat winner of highly sought-after PAM Award

WESTPORT, CT – February 23, 2021 – For the fourth time in five years, Coastal Bridge Advisors has been recognized as a top firm by Private Asset Management (PAM), a leading industry organization focused on recognizing the top performers in the private wealth community.

Coastal Bridge Advisors took home the 2021 PAM Award for “Best Private Wealth Manager Under $5B-Client Service.”

“It’s truly an honor for PAM to once again recognize Coastal Bridge Advisors as an industry leader in the private wealth space,” said Jeffrey Fuhrman, President of Coastal Bridge Advisors. “This award is a testament to our commitment to make the financial services experience easier for our clients by better understanding the issues they face and identifying the solutions they require, underscoring our promise to ‘Uncomplicate It’ for clients. Our team remains vigilant in its pursuit to deliver clear guidance and offer objective, innovative and customized solutions to help our clients achieve their long-term financial goals.”

Coastal Bridge Advisors, which has offices in Connecticut and California, won the “Best Private Wealth Manager under $5B” award in 2017 and 2018. The firm also secured the “Best Multi-Family Office Over $2B in Client Assets” award in 2020 and the “Best Multi-Family Office Overall” in 2014.

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 can be found at https://www.coastalbridgeadvisors.com.

About the PAM Awards and Entry Process:

The U.S. private asset management industry’s PAM Awards provide a platform to showcase the achievements of top investment professionals, wealth advisors, legal firms, consultants and other key service providers operating within the sector.

The 2021 Award for Best Private Wealth Manager Under $5B-Client Service was determined based on a category specific questionnaire, including several subject areas: competitive distinctions, business model, client numbers/assets, services and products offered, growth metrics, and development of service offerings. Each submission was evaluated by an independent panel of at least three judges from a broad range of industry expertise.

The 2020 Award for Best Multi-Family Office Over $2B was determined based on PAM firms completing a category specific submission addressing the criteria highlighted by the Panel which included an in-depth questionnaire of approximately 40 questions across several subject areas, encapsulating: group structure and personnel; investment management process; pooled funds/unlisted securities; regulation and investor protection; and fees, charges and interest.

The 2018 and 2017 Awards for Best Private Wealth Manager Under $5B were determined based on financial progress (performance track-record over the course of the last twelve months); growth (client numbers, internal hires and geographic expansion); client satisfaction (evidence of client satisfaction, including evidence of exceptional service and direct client statements); and product Innovation (details of new services and products launched over the prior year).

The 2014 Award for Best Multi-Family Office Overall was determined based on commercial success and business growth; positive client feedback via submitted testimonials; description of new product, its genesis and how it was created; and demonstration of product Innovation.

PAM does not release statistics on the number of firms competing.

Please note that Coastal Bridge Advisors’ receipt of the award may not be representative of any one client’s experience because the award reflects an average of all, or a sample of all, of the experiences of the firm’s clients and that Coastal Bridge Advisors’ receipt of the award is not indicative of the firm’s future performance. Coastal Bridge Advisors did not pay a fee to participate in the survey.

Contact: Jeff Fuhrman at jfuhrman@coastalbridgeadvisors.com

To view the full release, click here.

February 2021