Coastland Capital LLC (Palo Alto)

Name: Coastland Capital LLC
Address: 228 Hamilton Avenue, Palo Alto, CA, 94301
Telephone: 650-989-2800

Coastland Capital LLC is a large advisory firm based in Palo Alto. It manages $2.63 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and Texas.

Coastland Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Coastland Capital: assets under management

The assets under management (AUM) of Coastland Capital LLC is $2.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $376.18 million each.

Coastland Capital has custody of $2.63 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coastland Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Coastland Capital LLC

Peter Matthew Sterling has been acting as President since 1 Oct 2016. Scott Lambert Beal joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Derek Dunn	Founder and chief investment officer	1 Jan 2010	Other	4440056
Natasha Salins	Chief compliance officer	1 Jan 2010	Other	3250279
Gordon Converse Holterman	Chief executive officer/director	1 Jan 2010	Other	2549668
Varis Investments Lp	Member	1 Apr 2012	75% - 100%	45-4566223
Dunn & Holterman Lp	Member	1 Apr 2012	75% - 100%	45-4566223
Chen Susan	Chief financial officer	1 May 2012	Other	6076696
Jeffrey Stephen Bowers	Chief operating officer	1 Oct 2016	Other	6745392
Peter Matthew Sterling	President	1 Oct 2016	Other	4077828
Jane Zhaozhe Li	Chief financial officer	1 Oct 2016	Other	4361012
Scott Lambert Beal	Chief compliance officer	1 May 2017	Other	6176967

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dunn Family Trust	Member	1 Apr 2012	75% - 100%	03271972
Tamara Jones Dunn	Trustee	1 Apr 2012	Other	3156370
Kantwood Llc	Member	1 Apr 2012	25% - 50%	20-3153730
Derek Dunn	Trustee	1 Apr 2012	Other	4440056
Tamara Dunn	Trustee	1 Apr 2012	Other	3156370
Varis Investments Llc	General partner	1 Dec 2013	Other	46-4602022
Suenos Holdings Llc	Member	1 Dec 2013	50% - 75%	201307310029
Dunn & Holterman Gp Llc	General partner	1 Dec 2013	Other	46-4602022

Based in Palo Alto

The principal office where Coastland Capital LLC performs its advisory services is located at 228 Hamilton Avenue, Palo Alto, CA 94301, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-989-2800. The normal business hours are 6:30 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at coastlandcap.com.