Coastal Equities, Inc., is registered with the Securities and Exchange Commission (SEC) as a broker-dealer and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Brokerage and investment advisory services and fees differ, and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS1, which also provides educational materials about broker-dealers, investment advisers, and investing.
We offer full-service and self-directed brokerage services to retail investors, including buying and selling securities and offering securities recommendations. We do not provide account monitoring services. We do not act with discretion in brokerage accounts. You make the ultimate decision regarding the purchase or sale of investments.
We do not impose account value minimums, although our independent financial professionals may choose to do so.
For additional information, please see Coastal’s Regulation Best Interest Disclosure2.
You will pay transaction-based fees for purchases or sales you decide to execute in your account, based on the product selection, brokerage service model, and account type. You will be charged more when there are more transactions in your account, therefore incentive exists for Coastal or your financial professional to encourage you to trade more frequently.
Some types of investments incur ongoing operational expenses which are directly or indirectly passed on to you.
You will also pay fees for operational services provided through your account, such as custodial fees and account maintenance fees. These fees are charged at least annually and may be waived under certain conditions.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.
For additional information, please see Coastal’s Regulation Best Interest Disclosure2 , Coastal’s Customer Account Fee Schedule 3 , your account statements, confirmations, and investment documents and disclosures.
When we provide you with a recommendation, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they affect the recommendations we provide you. Here are some examples to help you understand what this means:
For additional information, please see Coastal’s Regulation Best Interest Disclosure2 and your product prospectus
Coastal’s financial professionals are compensated based on a percentage of revenue generated from the sales of products and services to clients. This compensation varies by product, and financial professionals are therefore incentivized to recommend products that have higher fees and/or ongoing payments.
For additional information, please see Coastal’s Regulation Best Interest Disclosure Brochure2.
Yes. Visit Investor.gov/CRS1 for a free and simple search tool to research us and our financial professionals.
For additional information about our services, please visit our website.4 If you would like additional, up-to-date information or a copy of this disclosure, please call 888-657-5200.
594041 revision 0.0 June 2020