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Michael Riley » Profile

Michael G Riley is currently a managing member of Coastal Management Group LLC a Rhode Island registered Investment Advisor. Michael retired from 25 active years on Wall Street in 2002 and in 2005 formed Coastal Management Group with longtime associates Daniel Mintz and Gary Herman. CMG LLC formed the hedge fund Narragansett Fund LLC in June 2006, named after the town where Michael lives in Rhode Island. Michael and his partners have extensive experience in managing and trading derivatives using both well known and proprietary techniques. Mr. Riley has traded for his own account and managed divisions of PaineWebber, LETCO, and most recently managing director at TD Securities (TD Bank). Michael has been quoted in Barron’s, Wall Street Transcript, NY Post, and various other print media. Michael has appeared on NBC news,Yahoo TV, and CNBC. Michael has spoken at Option Industry conferences and participated in industry efforts to promote the use of options in reducing portfolio risk. Coastal Management Group LLC is and investment advisor focused on asset management, derivative products and portfolio protection. Coastal has offices in East Hampton NY, Eastport NY and Narragansett Rhode Island.

Michael Riley's Company

Coastal Management Group LLC Coastal Management Group LLC is an asset manager . Coastal manages Narragansett Multi-Strategy Fund LLC (aka Narragansett Fund LLC). Coastal also provides asset management services and separately managed accounts. Coastal is focused on principal protection and the use of derivative securities in managing risk.
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Snapshot
  • Financial advisor