SoundView Wealth Management
SoundView Wealth Management Group LLC is an independent, privately-held wealth advisory firm in Melville, NY, providing financial planning, retirement, estate, and wealth transfer services to high net worth individuals, multi-generational families, and business owners in the Northeast, operating through Commonwealth Financial Network and an Imperity partnership.
- Company typePrivate
- Founded2017
- HeadquartersJericho, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What SoundView Wealth Management does
SoundView Wealth Management Group LLC is a privately-held, independent wealth management advisory firm headquartered in Melville, New York, founded in 2017. The firm provides comprehensive financial planning, retirement planning, estate planning, and wealth management services to high net worth individuals, multi-generational families, and business owners in the Northeast United States. Its core products include individual financial planning, business financial services (employee retirement plans, risk protection, exit planning, non-qualified deferred compensation, and 401(k) education), and a Risk Number® risk alignment platform integrated through the Riskalyze embed. Supporting resources include a suite of financial calculators, monthly market commentary, and educational content across retirement, investment, estate, insurance, tax, and lifestyle topics.
The firm operates an outsourced technology model rather than building proprietary infrastructure. It is dually registered through Commonwealth Financial Network, which provides RIA-broker/dealer custody, clearing, research, and access to a broad investment universe, and leverages third-party planning and portal integrations including eMoney, MoneyGuidePro, RightCapital, WealthScape, Investor360, AssetMark, and eWealthManager. In May 2026, the firm formed a strategic partnership with Imperity, a well-established financial advisory support organization, to obtain additional operational resources and advisory bandwidth. The practice is led by Managing Partner Alex DiMartini, who brings over 25 years of financial industry experience including 13 years at UBS Financial.
The revenue model is recurring advisory fees on managed client assets, with pricing not publicly disclosed. Customer acquisition is primarily relationship-based, supplemented by content marketing, risk-assessment tools, and educational content. The firm's headcount is small (1-10 employees) and it serves a narrowly defined HNW and business owner segment. Note that industry news referencing a $600 million Soundview team joining LPL Financial in May 2026 refers to a separate, unrelated entity originating from D.A. Davidson and is not attributable to this firm.
SoundView Wealth Management firmographics
Firmographics- Name
- SoundView Wealth Management
- Legal name
- Soundview Wealth Management Group LLC
- Website
- https://soundviewwealth.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SoundView Wealth Management Group LLC is an independent, privately-held wealth advisory firm in Melville, NY, providing financial planning, retirement, estate, and wealth transfer services to high net worth individuals, multi-generational families, and business owners in the Northeast, operating through Commonwealth Financial Network and an Imperity partnership.
- Ownership category
- akta.pro rank
SoundView Wealth Management industry classification
Industry- Product category
- Wealth Management Advisory
- NAICS
- Portfolio Management and Investment Advice (52394), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
- akta.pro secondary industries
- Business Owner & Executive Financial Planning (FSAEAAAO), Estate Planning, Trust Structuring & Governance (FSAAADAF), Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO) (FSABADAK), Family Office Trust & Fiduciary Services (FSAEAKAF)
Keywords
Where SoundView Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Jericho
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SoundView Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Financial Advisory Fees: The firm provides financial planning and wealth management services, earning revenue through advisory fees for managing client assets including advisory, brokerage, and retirement plan assets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
SoundView Wealth Management product offering
Product offeringCore offering
SoundView Wealth Management provides personalized financial planning and wealth management services for high net worth individuals, multi-generational families, and business owners, encompassing retirement planning, estate planning, investment management, risk alignment (Risk Number), and business-owner services including employee retirement plans, risk protection, exit planning, and non-qualified deferred compensation. Services are delivered through licensed advisors affiliated with Commonwealth Financial Network as the RIA-broker/dealer and supported operationally by the Imperity partnership.
Product overview
Soundview Wealth Management is a financial advisory firm that operates as a unified financial planning and wealth management platform. The core offering combines individual and business financial services including retirement planning, estate planning, wealth management, and business planning (retirement plans, risk protection, exit planning, non-qualified deferred compensation, and 401K education). The firm utilizes the Commonwealth Financial Network as its RIA-broker/dealer platform for custody, clearing, and investment processing. Key supporting tools include the proprietary Risk Number® risk assessment platform, the Commonwealth Advanced Planning Team for complex financial situations, the Commonwealth Research Team for investment guidance, and the Commonwealth Strategic Retirement Solutions Team for retirement planning support. The firm also maintains a partnership with Imperity for practice support and offers extensive financial calculators and market research resources. Recent news (May 2026) indicates three advisors transitioned to LPL Financial, bringing approximately $600 million in assets.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Planning Services for Individuals Comprehensive financial planning for individuals covering retirement planning, estate planning, and wealth management tailored to each client's needs and risk profile.
- Business Financial Services Business-focused financial services including employee retirement plans, risk protection, exit planning, non-qualified deferred compensation packages, and 401(k) education for business owners.
Quantifiable outcome
- Serving clients with approximately $600 million in advisory, brokerage, and retirement plan assets
Companies that use SoundView Wealth Management
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
SoundView Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
Feature3 records
SoundView Wealth Management partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- ImperitycoreImperity is a well-established financial advisory partnership that supports SoundView Wealth Management, providing additional resources and time to help advisors focus more on guiding clients and less on managing practice operations. Douglas A. DiDominica and Joseph W. Principe serve as Imperity Founding Partners.
- Commonwealth Financial NetworkcoreCommonwealth Financial Network is a dually registered RIA-broker/dealer that supports independent advisors by supervising and processing investment business. Founded in 1979, Commonwealth provides access to independent market research, financial planning expertise, wide universe of investment options, technology platform, and specialized internal teams. As of December 31, 2024, Commonwealth oversees total account assets of $344 billion.
- LPL FinancialminorThree advisors from SoundView Wealth Management (Michael Stevenson, David Johnson, and Nikko Gronhovd) joined LPL Financial's broker-dealer and Registered Investment Advisor platform in May 2026, bringing approximately $600 million in advisory, brokerage, and retirement plan assets.
- Fidelity Investments / National Financial ServicescoreFidelity Investments through National Financial Services LLC provides clearing, custody, and other brokerage services to Commonwealth Financial Network. NFS handles trade execution, statements, reports, and other transaction services with SIPC protection and excess of SIPC coverage.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
SoundView Wealth Management competitors and assessment
Company assessmentBroad incumbents
- LPL Financial: The largest independent broker-dealer in the U.S.; directly comparable as an alternative IBD platform that SoundView advisors (per recent news) chose over Commonwealth, illustrating the competitive set SoundView operates against for advisor retention.
- Focus Financial Partners: A leading consolidator of independent wealth management firms with a similar HNW/multi-family advisory focus; comparable as a roll-up platform that acquires advisor-led firms but operating at vastly greater scale and with PE backing.
- Wealth Enhancement Group: Independent wealth management firm offering financial planning, retirement, tax, and estate services to HNW individuals and families; comparable client segment and holistic planning model, supported by a PE-backed roll-up strategy.
- Creative Planning: One of the largest independent RIAs in the U.S., offering comprehensive financial planning and wealth management to HNW individuals and business owners; comparable in service offering and target client, but at much greater scale.
- Cetera Financial Group: Independent broker-dealer/RIA platform supporting independent financial advisors serving HNW clients with planning, investment, and business-owner solutions; comparable as both a competing IBD and a parallel model to Commonwealth's affiliation structure.
- Commonwealth Financial Network: The RIA-broker/dealer platform that SoundView is affiliated with; comparable as the broader independent-advisor platform providing custody, research, and back-office infrastructure that small RIAs depend on, though at significantly greater scale ($344B AUM as of Dec 2024).
- Edelman Financial Engines: Large RIA serving HNW individuals with comprehensive financial planning, retirement, and tax services; comparable in service mix though at substantially greater scale and with an employee-advisor (rather than independent) model.
- Mariner Wealth Advisors: Large independent RIA serving HNW individuals, families, and business owners with comprehensive financial planning, estate, and exit-planning services — directly comparable to SoundView's service mix but operating nationally with thousands of employees.
Direct peers
- Sanctuary Wealth: Independent advisor platform offering HNW and UHNW wealth management with a partnership model similar to Commonwealth and Imperity; comparable as a competing IBD platform targeting breakaway advisors from wirehouses and large IBDs.
- Carson Group: Independent advisor platform that provides coaching, technology, and back-office support to financial advisors serving HNW clients and business owners; comparable as a partnership-style model that amplifies small advisory practices, similar to SoundView's Imperity arrangement.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
SoundView Wealth Management social profiles
Digital presenceSoundView Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
SoundView Wealth Management leadership team
Management profileNumber of profiles
Profiles1 record
SoundView Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SoundView Wealth Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SoundView Wealth Management
What does SoundView Wealth Management do?
SoundView Wealth Management provides personalized financial planning and wealth management services for high net worth individuals, multi-generational families, and business owners, encompassing retirement planning, estate planning, investment management, risk alignment (Risk Number), and business-owner services including employee retirement plans, risk protection, exit planning, and non-qualified deferred compensation. Services are delivered through licensed advisors affiliated with Commonwealth Financial Network as the RIA-broker/dealer and supported operationally by the Imperity partnership.
Is SoundView Wealth Management a public or private company?
SoundView Wealth Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SoundView Wealth Management founded?
SoundView Wealth Management was founded in 2017. It employs 1 to 10 people.
Where is SoundView Wealth Management based?
SoundView Wealth Management is headquartered in Jericho, United States, in the North America region.
How does SoundView Wealth Management make money?
One revenue line is on record: financial Advisory Fees.
Who are SoundView Wealth Management's main competitors?
Broad incumbents on record are LPL Financial, Focus Financial Partners, Wealth Enhancement Group, Creative Planning, Cetera Financial Group, Commonwealth Financial Network, Edelman Financial Engines and Mariner Wealth Advisors. Direct peers are Sanctuary Wealth and Carson Group.
Does SoundView Wealth Management have an API?
No public API is recorded for SoundView Wealth Management.
What industry is SoundView Wealth Management in?
SoundView Wealth Management's product category is Wealth Management Advisory. Its primary akta.pro industry code is FSAAACAH, Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite), with a secondary code of FSAEAAAO, Business Owner & Executive Financial Planning. Its NAICS code is 52394 and its SIC code is 6282.