Kestra Financial Firm Continues Positive Growth, Bringing on Additional $200M
Austin, Texas — October 9, 2024 — Kestra Financial, an industry-leading wealth management platform, today welcomed two new industry professionals – David Schnall and Tim Longo – as they join existing firm Coastline Wealth Management (“Coastline”), a part of the Kestra independent network since 2012.Headquartered in Port Jefferson, Long Island, Coastline’s financial professionals help clients manage all aspects of the financial planning process—from savings and investments to retirement planning. Together, their advisors oversee approximately $3 billion in AUM. Additionally, Coastline’s expertise in navigating the complexities of succession planning enables advisors to secure their legacy while optimizing growth potential.
Schnall and Longo bring a combined 50 years of experience to the growing firm, taking the number of advisors joining Coastline within the past year to eight. Schnall will operate under the affiliate brand of Soundview Wealth Financial, bringing extensive expertise in wealth management and client relations. Longo, known for his personalized approach to financial planning, will operate under the Coastline umbrella. Each advisor aims to strengthen Coastline’s commitment to providing tailored financial solutions to clients in Port Jefferson and beyond.
“At Coastline, we aim to provide top-tier wealth management resources to our clients,” said Garrett Taylor CEO of Coastline Wealth Management. “The chance to bring top talent like David and Tim to our team will help us to further our mission, underscoring our commitment to growing our business to better serve our community.”
"It’s been a pleasure collaborating with the Coastline team as they continue to expand the strong foundation they’ve built," said Daniel Schwamb, Executive Vice President of Business Development at Kestra Financial. "Integrating new advisors into our existing firms not only strengthens those firms but also enhances Kestra's overall community of advisors, allowing us to deliver even greater support and resources to our network of financial professionals."
About Kestra Financial
Kestra Financial is a leading independent wealth management platform headquartered in Austin, Texas. A division of Kestra Holdings established in 1997, the firm empowers independent financial advisors and wealth management firms by offering personalized support, integrated business management technology, and access to a collaborative community of like-minded financial professionals. Kestra Financial supports independent financial professionals from across the country and is committed to delivering superior service to enable their growth, success, and ability to best support their own clients.
The Kestra Financial division includes Kestra Private Wealth Services, LLC (Kestra PWS), Kestra Advisory Services, LLC (Kestra AS) and Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Securities offered through registered representatives of Kestra IS. Investment advisory services offered through appropriately licensed representatives of Kestra AS or Kestra PWS. Except for the referenced Kestra companies, Kestra IS, Kestra AS, or Kestra PWS are not affiliated withother entities referenced in this publication.
Media Contact
Vested for Kestra Financial
kestra@fullyvested.com
