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Financial Advisory  + RIAs & Financial Advisors  | 
Coastline Wealth Management Adds $430M AUM with Acquisition of Three Advisor Teams

Coastline Wealth Management Adds $430M AUM with Acquisition of Three Advisor Teams 

Coastline Wealth Management, a rapidly growing affiliate of Kestra Financial, has acquired three independent advisory teams, adding more than $430 million in client assets and over 1,000 client relationships to its expanding national platform. This latest move pushes Coastline’s total year-to-date AUM growth close to $1 billion, underscoring its momentum as one of the industry’s most active consolidators of wealth management practices. 

The new additions include Kelly Burke and Team, operating across Florida and North Carolina; Susan Cevette, based in Minnesota; and Julie Wendholt, in New York. With this expansion, Coastline now serves clients across 15 U.S. states, strengthening its position as a coast-to-coast platform for independent financial advisors. 

“We are honored to welcome Kelly, Susan, and Julie to the Coastline family,” said Garrett Taylor, Founder and CEO of Coastline Wealth Management. “They each bring a reputation for integrity, longevity, and client loyalty that reflects our core values as a firm.”  

Coastline’s appeal to advisors lies in its combination of autonomy and institutional-level support. Each newly acquired team gains access to enterprise-grade infrastructure, advanced portfolio management tools, dedicated succession planning, and a collaborative advisor network. The firm’s model is designed to foster long-term growth, enhance operational efficiency, and empower advisors to focus on delivering superior client outcomes. 

Now managing over $4.3 billion in assets for more than 7,000 clients, Coastline remains actively engaged in acquiring advisory firms with approximately $50 million to $500 million in assets.

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Coastline Wealth Management Kestra Financial

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.