WESTPORT, CT – December 18, 2023 – Coastal Bridge Advisors, a bicoastal boutique independent Registered Investment Adviser with offices in Westport, Connecticut, and Los Angeles, California, is pleased to announce it is a shortlist nominee for the 2024 Private Asset Management (PAM) Awards for categories:

• Best Firm Culture
• Best Private Wealth Manager – Client Service
• Best Multi-Family Office under $25 Billion

For over two decades, The PAM Awards have recognized and celebrated the “best of the best,” top-performing private wealth management industry professionals, wealth advisors, consultants and other key service providers by acknowledging and highlighting their achievements.

“We feel both privileged and grateful to be recognized yet again as a finalist for these prestigious industry accolades, affirming our status as a frontrunner in the private wealth management sector,” stated Jeffrey Fuhrman, President of Coastal Bridge Advisors. “This recognition is a testament to our team’s dedication to offering financial services guided by our ethos to ‘Uncomplicate It’ for our clientele. We take pride in our accomplishments and remain committed to enhancing our capabilities with the finest talent and resources, ensuring that we consistently deliver tailor-made, personalized solutions to our valued clients.”

In 2023, the firm was shortlisted with an honorable mention for Best Firm Culture – Small to Medium sized firms. Coastal Bridge Advisors took home the “Best Private Wealth Manager under $5 billion” award in 2021, 2018, and 2017. The firm also secured the “Best Multi-Family Office Over $2 billion in Client Assets” award in 2020 and the “Best Multi-Family Office Overall” in 2014.

Methodology
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 neither Coastal Bridge Advisors’ nomination nor receipt of the award are indicative of the firm’s future performance. Nominations were announced by With Intelligence on December 7, 2023 for the time period of August 1, 2022 through July 31, 2023. Neither the firm nor its representatives paid a fee to participate in the survey.

More 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 2024 Best Firm Culture shortlisted firms are evaluated based on a demonstration of the steps taken to achieve an inclusive and positive working environment for all staff, evidence of how such programs have contributed to the commercial success of the firm and positive testimonials from employees and staff feedback research to support the submission.

The 2024 Best Multi-Family Office Under $25 billion shortlisted firms are evaluated based on a delivery of client planning and lifestyle objectives, high-quality tax and estate services to meet the needs of HNW and UHNW clients and top client service demonstrated through client testimonials. Note: these testimonials have not been published.

The 2024 Best Private Wealth Manager – Client Service shortlisted firms are evaluated based on delivery of client planning and lifestyle objectives, high quality tax and estate services to meet the need of HNW clients and top-flight client services demonstrated through client testimonials. Note: these testimonials have not been published.

On Former Awards Received
The 2023 Best Firm Culture – Small to Medium Firms category was determined based on a demonstration of the steps taken to achieve an inclusive and positive working environment for all staff, evidence of how such programs have contributed to the commercial success of the firm and positive testimonials from employees and staff feedback research to support the submission.

The 2021 Award for Best Private Wealth Manager Under $5 billion – 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 $2 billion 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 $5 billion 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.

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About Coastal Bridge Advisors:
Coastal Bridge Advisors is an independent registered investment adviser founded in 2008 with the aim of providing 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 clarity clients deserve. The firm strives to help its clients to plan for retirement more clearly and more simply transfer wealth to future generations so they may more effortlessly enjoy the lifestyle they want today.

For information regarding the firm, including its disclosures, visit www.coastalbridgeadvisors.com. Contact: Deirdre Childs, Director of Marketing, at 203-683-1530 or dchilds@coastalbridgeadvisors.com.

Disclosure: This material by Coastal Bridge Advisors is for informational purposes only and is presented solely as an illustration of the typical advisor experience. Coastal Bridge Advisors does not provide tax or legal advice, and nothing contained in these materials should be taken as tax or legal advice. Unique client experiences and past performance do not guarantee future results.