Media OutReach
Coastline Wealth Management Accelerates Expansion, Adds 18 Advisory Teams Across 8 New States
With these additions, Coastline now operates in 13 states with 18 offices, supported by over 90 team members and managing approximately $5 billion in total assets. The firm continues to build a scalable wealth management platform that supports independent financial advisors without compromising its relationship-driven model.
A Year of Milestones
Over the past 12 months, Coastline has advanced its strategic expansion in wealth management by welcoming several high-quality advisory teams across multiple regions. Among the first to join were Scott Raab and Scott Gomsak, both formerly with Lincoln Financial. Raab brought $113 million in assets and joined Coastline in Hanover, Pennsylvania, while Gomsak added $154 million in client assets from his base in Sykesville, Maryland.
In New York, David Schnall and Timothy Longo helped deepen Coastline’s local footprint. Schnall, previously UBS, transitioned $103 million in assets to Coastline through a partnership in Port Jefferson. Longo, who joined from American Capital Partners, brought $98 million in AUM to the firm’s office in Woodbury.
Coastline also formed key financial advisor partnerships in the Midwest. In Wheaton, Illinois, Jeff Stensland joined through his firm, Stensland Financial Group, with $166 million in AUM. Further north, Coastline increased its presence in Wisconsin, welcoming Thomas Karlen, previously from Petros Family Wealth, who added $100 millions in assets, while Jamie Grupe and Chantel Luke brought $386 million in assets from Ameriprise – one of the largest additions of the year.
Additional transitions added strategic depth across both new and existing markets. Gary DeLorenzo joined from OSAIC with $80 million in AUM, expanding Coastline’s team in Huntington, NY. In Florida, NY, James and Lori Mezzetti transitioned $116 million in client assets as part of a broader partnership involving Myles Wealth Management. In Colorado Springs, Ed Collins added $100 million in assets to the group through Collins Wealth Management. Other significant financial advisor acquisitions included Juan Garcia in McAllen, Texas ($37MM AUM), Susan Cevette in the Minneapolis–St. Paul area ($51MM AUM), and Julie Wendholt in Nyack, NY ($29MM AUM).
Rounding out this activity was Kelly Burke, who brought a combined $220 million in assets across two locations: Raleigh, North Carolina and Fort Lauderdale, Florida. Prior to joining Coastline, Burke was affiliated with RIA Integrated Financial Strategies and RIA Financial Planning Services Inc., both of which cleared through Charles Schwab.
Why These Partnerships Matter
This year’s advisor partnerships extended beyond AUM growth. Coastline focused on acquiring advisory teams with established practices, strong leadership, and client relationships built over decades. These wealth management acquisitions enhanced the firm’s capabilities across planning, succession, and advisor integration.
Each deal was designed to strengthen Coastline’s position as a leader in M&A in wealth management, with incoming teams gaining access to centralized operations while maintaining autonomy in how they serve clients. This structure continues to appeal to independent financial advisors seeking both scale and support.
Future Direction
Following a year of accelerated growth, Coastline remains focused on its national expansion strategy. The firm will continue to pursue partnerships that align with its advisor-centric model, while enhancing platform capabilities that support scale and long-term value.
“This past year has been a defining chapter for Coastline,” said Garrett Taylor, CEO of Coastline Wealth Management. “Each acquisition represents more than just growth in numbers. It’s about partnering with exceptional advisors who share our vision of elevating client outcomes. We are building a platform where independent advisors can thrive, clients can experience unmatched service, and our collective enterprise value continues to scale.”
Looking ahead, Coastline will further invest in operational infrastructure by expanding data systems, technology tools, and service functions to support advisors and deepen client relationships, thereby continuing its reputation as a top private equity-backed wealth management firm.
Hashtag: #CoastlineWealthManagement
The issuer is solely responsible for the content of this announcement.
About Coastline Wealth Management
Coastline Wealth Management, founded in 2012, is a Long Island, NY-based independent wealth management platform with $5 billion of assets under management/advisement. Coastline services over 7,000 client accounts primarily across the East Coast of the United States. The Company, whose core focus is servicing its client base, has grown by a series of acquisitions as it continues to build its industry-leading, technology-enabled platform. Coastline continues to be a leading consolidator in the wealth management industry and is actively pursuing additional wealth advisor acquisitions (~$50MM to $500MM in assets) as part of its core growth story. By focusing on maximizing the value of advisory practices, Coastline empowers advisors to create sustainable, long-term strategies for transitioning their businesses, ensuring both financial stability and continuity for their clients. Its expertise in navigating the complexities of succession planning enables advisors to secure their legacy while optimizing growth potential, ultimately fostering a seamless transition that benefits all stakeholders involved.
New boutique separates luxury brand collections across two dedicated spaces, giving collectors a more focused buying experience
SINGAPORE – Media OutReach Newswire – 12 May 2026 – Watchbook Singapore has opened a second boutique at Far East Plaza, separating its curated collections across two dedicated spaces on the same floor to give collectors a more focused buying experience.
The expansion allows Watchbook to organise its inventory by brand family. The main boutique at #03-139 focuses on Rolex, Patek Philippe, Audemars Piguet and Cartier. The new boutique at #03-55 features contemporary luxury watches including Tudor, Omega, Hublot and other brands.
“By giving each collection its own dedicated space, we can offer collectors a sharper, more personalised experience,” said Anson Toh, chief executive officer at Watchbook Singapore. “This expansion reflects the growing interest in both neo-vintage and modern luxury watches, and our commitment to serving collectors at every level.”
Watchbook enters this next phase as Singapore’s second-highest-reviewed watch dealer, with more than 2,400 verified Google reviews reflecting thousands of successful transactions. Both boutiques are backed by the company’s end-to-end model: in-house authentication, a dedicated service centre staffed by certified watchmakers, and curated inventory under one roof.
Far East Plaza is well-established as a destination for watch enthusiasts and luxury retailers in Singapore. The opening of a second boutique on the same floor reinforces Watchbook’s position at the centre of that community.
Boutique Details
Main boutique
14 Scotts Road,
#03-139 Far East Plaza,
Singapore 228213.
New boutique
14 Scotts Road,
#03-55 Far East Plaza,
Singapore 228213.
Hashtag: #watchbook #fareastplaza
https://watchbook.sg/
https://www.linkedin.com/company/watchbook-singapore/
https://www.facebook.com/watchbooksg/
https://www.instagram.com/watchbooksg/
The issuer is solely responsible for the content of this announcement.
Watchbook Singapore
Watchbook is Singapore’s Neo-Vintage Rolex Specialist and a trusted destination for authenticated pre-owned luxury watches. The company offers one of Singapore’s deepest curated selections of certified neo-vintage Rolex timepieces from the 1980s to 2000s, alongside a broader portfolio including Patek Philippe, Audemars Piguet, Cartier, Omega and more.
As an independent luxury watch dealer, Watchbook operates a fully in-house service centre staffed by certified watchmakers, delivering complete authentication, servicing and warranty support. Recognised as Singapore’s second-highest-reviewed watch dealer, Watchbook serves collectors and enthusiasts who value heritage, character and certified quality.
Short Courses Structured for Busy Professionals
For working adults who want targeted upskilling, SIM Academy’s course listing includes instructor-led programmes that are typically offered in short formats. The 1-day or 2-day course structure may appeal to professionals seeking to build capability while balancing work and personal commitments.
The topics covered reflect a mix of core workplace capabilities and emerging skill areas, including communication skills, cognitive skills, systems leadership, sustainability, as well as broader organisational and leadership competencies. Such short-format training has become a common feature within Singapore’s continuing education landscape, particularly among working adults seeking to remain competitive in a changing job market.
SkillsFuture Funded Training Courses
A number of SIM Academy’s professional development courses are eligible for SkillsFuture Credit and related funding schemes. These funding mechanisms are part of national efforts to encourage lifelong learning and support workforce transformation. The availability of funding-supported courses may lower barriers to participation for individuals and employers, particularly for those pursuing incremental skills upgrading.
Career Switch for mid‑career professionals
SIM Academy offers programmes under the SkillsFuture Career Transition Programme (SCTP). These programmes are designed for individuals considering a shift into new roles or sectors and typically run over 5-6 months. Programme structures may include a combination of classroom learning, practical projects and career support elements such as guidance on job search and career planning.
This reflects a broader trend in Singapore’s training ecosystem, where structured transition programmes are increasingly used to support workforce mobility and adaptation to new job roles.
Flexible Delivery Formats
SIM Academy’s programmes are delivered through a mix of in-person, online and blended learning formats. This allows participants to select learning modes that align with their schedules and professional commitments. Short courses are conducted throughout the year, primarily at SIM Management House, alongside digital learning options that support greater accessibility. Flexible delivery has become an increasingly important feature of professional education, particularly for working adults balancing training with full-time employment.
Part of a Broader Continuing Education Landscape
As industries continue to evolve, demand for continuous skills development remains a key focus within Singapore’s workforce strategy. Short courses, modular training and structured transition programmes are among the approaches adopted by training providers to meet these needs.
SIM Academy’s range of offerings includes shorter, skills-focused workshops and longer-duration programmes designed to support career transitions.
References
- SIM Academy: https://www.sim.edu.sg/professional-development/overview
- Courses offered by SIM Academy: https://www.sim.edu.sg/professional-development/courses/course-listing
- SkillsFuture Courses offered at SIM: https://www.sim.edu.sg/professional-development/courses/skillsfuture-courses
- SkillsFuture Career Transition Programme (SCTP): https://sctp.pd.sim.edu.sg
Hashtag: #SIMAcademy #SIMA
The issuer is solely responsible for the content of this announcement.
About SIM Academy
SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.
Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.
For more information on SIM Academy, visit sim.edu.sg
Media OutReach
Patented Ingredients Help Malaysian Supplement Brands Stand Out as Wel-Bloom Bio-Tech Expands Market Presence
According to IMARC Group, the Malaysian dietary supplements sector is projected to grow at a CAGR of 4.68% through 2034.Amidst this expansion, Wel-Bloom Bio-Tech emphasizes the importance of leveraging high-barrier patented ingredients. For the beauty and wellness sector, the exclusive ingredient Wel-ROS6® utilizes the “Black Crystal Roselle,” a variety developed over nine years. Through a triple-patented micro-grinding technology, the total anthocyanin content reaches up to 17.7 times that of conventional roselle extracts.
To address the aging population’s needs, Wel-Bloom Bio-Tech also introduces Wel-EGT®, a high-purity ergothioneine extracted through a patented process. This ingredient serves as a core component for cognitive health supplements, offering 5 times the BCAA content of standard chicken essence to support anti-aging and neurological health.
Beyond ingredient innovation, Wel-Bloom’s patented Functional Jelly technology enables preservative-free supplements that maintain 97.8% active ingredient integrity. As an international CDMO and health supplement manufacturer certified under NSF-GMP and HALAL, Wel-Bloom Bio-Tech provides integrated services from R&D to production, empowering Malaysian partners to achieve differentiated positioning in the evolving wellness market.
Hashtag: #Welbloom
The issuer is solely responsible for the content of this announcement.
About Wel-Bloom Bio-Tech
Wel-Bloom is a globally recognized CDMO expert in the health food industry, dedicated to delivering innovative, one-stop solutions. Guided by forward-looking market insights and supported by robust R&D capabilities, Wel-Bloom empowers clients to develop highly competitive, differentiated health food products.
For partnership opportunities and functional ingredient solutions, visit https://welbloom.com/ or search for Wel-Bloom online.
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