Hagendorf brings $165 million in client assets to Kestra Financial-associated firm Coastline Wealth Management, seeking growth opportunities and elevated client service capabilities

Kestra Financial, an industry-leading wealth management platform, today announced the addition of Steffan Hagendorf to its platform through his new partnership with Coastline Wealth Management, which joined Kestra Financial in 2014.

Moving into the role of Managing Director at the Port Jefferson, New York-based Coastline Wealth Management, Hagendorf prides himself on providing a comprehensive financial planning experience personalized to fit clients’ unique goals. Hagendorf’s client base consists of long-standing relationships spanning many familial generations, which he attributes to his high-touch level of service designed for individuals, families, and organizations. He specializes in analyzing and auditing personal and business assets.

After operating an independently owned Wells Fargo Financial Network practice for over 10 years, Hagendorf’s decision to go fully independent by joining Coastline Wealth Management was driven by the enhanced level of client service he can provide utilizing Kestra Financial’s deep bench of resources, as well as the opportunity it allows for growth.

“I am very excited to commence this next chapter alongside Kestra Financial and Coastline Wealth Management,” said Hagendorf. “Leveraging Kestra Financial’s top-notch technology and personalized business consulting, we are confident we can further elevate our client service, increase our value proposition, and grow our book of business.”

Hagendorf has served the greater New York region for over 20 years and has expanded his footprint to over 15 states in the U.S. Bringing $165 million in client assets, Coastline Wealth Management now oversees a collective $1.75 billion in client assets.

“Steffan‘s passion for delivering elevated client service was apparent from the onset and makes him an exceptional cultural fit for our community,” said Daniel Schwamb, Executive Vice President of Business Development at Kestra Financial. “We look forward to working with him and the Coastline Wealth Management team to continue providing invaluable resources and tools to propel their business forward.”

About Kestra Financial

Kestra Financial, a division of Kestra Holdings encompassing the Kestra-branded broker-dealer and investment advisers, provides a leading independent wealth management platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and support the best interest of their clients. With a culture rich in reinvention, Kestra Financial has developed integrated business management technology that, combined with its personalized consulting services, offers exceptional scale and efficiency.

Headquartered in the “Silicon Hills” of Austin, Texas, Kestra Financial offers an experience as unique as the city in which it operates. The firm supports more than 1,800 independent financial professionals in delivering comprehensive securities and investment advisory services to their 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 with other entities referenced in this publication.

For more information about Kestra Financial, please visit www.kestrafinancial.com.

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