wiseradvisor

Chris  Baum, CFA®
Coastal Capital Advisors

Tel: 949-439-4050
16 Tidewater
Irvine, CA 92614

Invest with Confidence

Coastal Capital Advisors | Financial Advisor in Irvine ,CA

About Coastal Capital Advisors

We launched Coastal Capital Advisors to help our clients invest with confidence, reduce taxes, and enjoy life.

We work with investors like you to streamline your financial life and build towards your future. We believe that investing now with the right plan in place will lead you to reach your financial goals, whether that's taking a year off work to travel the world or an earlier retirement.

Together, we will work alongside you to get you on a path towards financial success.


General Information

Firm Start Year:   2020
No.of Employees:   2-4
Gender:   Male
Name of Custodial Firm:   Charles Schwab
States Licensed in:   CA, TX
Number of Years with Current Firm:   2
Work Experience:   Private Management Group, Inc. Portfolio Manager Irvine, CA June 2012 - December 2019

Coastal Capital Advisors, LLC Co-Founder & Partner Irvine, CA January 2020 - Present
I work with the following types of clients:   Investment Clubs, Businesses, Individual Investors
Advisory Services Provided:   Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Tax Advice and Services, Investment Advice & Management


Services

Investment Types:   Exchange Traded Funds (ETFs), Bonds, Stocks
I can meet clients in the following ways:   Video Conference, Via Email, At your office, Via Phone


Firm Information

Firm's Number of Clients:   101
Firm's Number of Managed Clients:   101
Assets Managed by Firm:   $25,000,000
Advisor's Number of Clients:   46
Advisor's Number of Managed Clients:   46


Compliance

Registered Investment Advisor:   Yes
Investment Advisor Representative:   Yes
I am an acknowledged fiduciary:   Yes
Compliance Disclosures in Last 5 years:   I have a clean record
Criminal Disclosures in Last 5 years:   I have a clean record


Compensation and Fees

Fee Structure:   Fee Only
Minimum Portfolio Size for New Managed Accounts:   $250,000
Additional Details on Charges:   Management Fee Schedule $0.00 - $100k 1.6% $100k - $500k 1.4% $500k - $1M 1.2% $1M - $5M 1.0% $5M+ 0.8%


Education

Bachelor of Sciences in Business Administration - Business Management  University of Arizona - Tucson, AZ
08/2008-05/2012



Faqs

  • Why should I choose you as my financial advisor? Great question! But first, let us explain why you shouldn't hire us: If you want to manage your investments yourself. If you are looking for an advisor who places you in a portfolio determined by age or risk tolerance. If you want an advisor who can "time the market." We only focus on what we can control. Predicting if the stock market will go up or down, or guessing what interest rates will do next, are not things you can control. But if you're interested in things like investing with confidence, optimizing your taxes, and reducing risk, you're in the right place.
  • How are you compensated? How will I pay for your services? We are a fee-only firm. This means we don't get commissions and we don't sell any products. Our fees depend on your needs and complexity and are a clear line item on every statement. Other financial advisors might be commission based, which may lead to a conflict of interest or cause fees to be murky. Not us. One transparent fee includes the management of all your investment accounts + ongoing financial planning and tax strategy. Our aim is to make sure you can reach your goals without worry. Scheduling your first phone call with us and going through our Free Financial Assessment will help you make an educated decision about working with our firm and others you may be evaluating.
  • What is your approach to financial planning? Our financial planning services help you reach your goals without the risk of running out of money. We want to give you confidence, transparency, and certainty so you can enjoy life and spend time doing the things that are most important to you. Our financial planning process includes: - Determining what you are working towards. Everyone comes to the table with a different set of circumstances, wants, needs, and concerns. - Identifying any areas where you are at risk, and steps to reduce those risks. - Creating a robust investment game plan to reduce risk, improve returns, and give confidence. - Ongoing tax strategy to reduce your long term tax bill. - Coordinating all the changing parts of your financial situation to build a successful life A financial plan is ever changing, not a one time deal. Once we create it, we have to track it, pivot as life changes, and communicate with you in plain English.
  • What services do you offer? BESPOKE INVESTMENT APPROACH PERSONALIZED PORTFOLIO HANDS ON MANAGEMENT FINANCIAL PLANNING TAX STRATEGY RISK MANAGEMENT
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Chris  Baum

Chris  Baum

CFA®

Chris is a native of Orange County and worked for a large investment advisor for the first part of his career. While there, he passed the Series 65 exam, achieved his Chartered Financial Analyst (CFA) certification, became a portfolio manager, and helped manage roughly $3 billion in client assets across approximately 3,000 clients. Ultimately, Chris saw an opportunity to leave and start Coastal Capital Advisors. His favorite parts of the job are the client relationships and helping them invest smart and make sounds financial decisions to live a full life. Chris is a proud Wildcat as a graduate from the University of Arizona. He currently lives in Irvine, California with his wife Emily, daughter Ellie, and dog Dixie. When he's not researching companies and helping clients, you can find Chris hanging out with his friends and family, going to the beach, and playing basketball.

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My Services

Financial Planning for Individuals

Our financial planning services help you reach your goals without the risk of running out of money. We want to give you confidence, transparency, and certainty so you can enjoy life and spend time doing the things that are most important to you. Our financial planning process includes: -Determining what you are working towards. Everyone comes to the table with a different set of circumstances, wants, needs, and concerns. -Identifying any areas where you are at risk, and steps to reduce those risks. -Creating a robust investment game plan to reduce risk, improve returns, and give confidence. -Ongoing tax strategy to reduce your long term tax bill. -Coordinating all the changing parts of your financial situation to build a successful life A financial plan is ever changing, not a one time deal. Once we create it, we have to track it, pivot as life changes, and communicate with you in plain English.


Portfolio Management

Your portfolio shouldn't be determined by your age or risk tolerance. There are way too many other factors to consider! Instead, we take the time to understand your financial situation so we can construct a portfolio to get you where you need to go. Some of the areas we take into consideration are: Investment Goals - what are you working towards, and how much money will you need? Time Horizon - when do you need the money? Do you have any big purchases or expenses coming up (ie home, college, wedding)? When are you looking to retire? Taxes - What do we need to do so that you don't pay too much in taxes, particularly in capital gains? Outside Assets - Are there any assets you have that we aren't currently managing but we need to consider when we build your portfolio. A common example is any company stock you currently have or rental properties. Other Income - Will you get money from outside of your portfolio? Pension, annuities, SSI, etc. There isn't a one-size-fits-all approach to investing, and your portfolio should reflect that.


Tax Planning & Mitigation

Most people are only focused on how they can pay the least in taxes this year. We are focused on the next 30+ years, and what you can do today that will make a big impact over the long term. If you don't have a strategy in place, it's very possible to pay more in taxes during retirement than you did while working. We develop a strategy together to help keep taxes low, both now and in the future. We do this through: -Annual Tax Return Analysis -Charitable Giving Strategies -Annual Roth Conversions -Maximizing Retirement Contributions (i.e. 401k, IRA, TSP, 403b) -Integrating & Calibrating of Income Streams (i.e. Social Security, Required Minimum Distributions, Pension etc.) Remember, we are looking ahead for tax savings that will help you, not just now but for the next 30+ years.


Office Hours

wiseradvisor-balck-li-img Mon. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Tue. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Wed. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Thu. 9:00 AM - 5:00 PM
wiseradvisor-balck-li-img Fri. 9:00 AM - 5:00 PM

Communities Served

Aliso Viejo Anaheim
Brea Buena Park
Costa Mesa Cypress
Dana Point Fountain Valley
Fullerton Garden Grove
Huntington Beach Irvine
La Habra La Palma
Laguna Beach Laguna Hills
Laguna Niguel Laguna Woods
Lake Forest Los Alamitos
Mission Viejo Newport Beach
Orange Placentia
Rancho Santa Margarita San Clemente
San Juan Capistrano Santa Ana
Seal Beach Stanton
Tustin Villa Park
Westminster Yorba Linda

Social Networks

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