LPL Financial Adds $600M Soundview Wealth Advisors Team from D.A. Davidson
LPLA•Financial advisors Michael Stevenson, David Johnson and Nikko Gronhovd of Soundview Wealth Management, LLC joined LPL Financial’s broker-dealer and RIA platform, bringing approximately $600 million in advisory, brokerage and retirement plan assets from D.A. Davidson. The addition expands LPL’s advisor network and enhances its asset base ahead of market opportunities.
1. Advisor Team Onboarding
On May 27, LPL Financial announced that financial advisors Michael Stevenson, David Johnson and Nikko Gronhovd, CFP® of Soundview Wealth Management, LLC have joined its broker-dealer and RIA platform. The team brings approximately $600 million of advisory, brokerage and retirement plan assets from D.A. Davidson, strengthening LPL’s advisor network.
2. Client Focus and Service Model
Soundview Wealth Management serves a multigenerational client base with comprehensive, planning-focused advice. The advisors emphasize understanding unique goals and guiding families through wealth transitions while supporting younger investors at early stages.
3. LPL Platform Benefits
The Soundview team selected LPL for its integrated technology, operational flexibility and a clear transition plan. LPL’s platform supports advisors with customizable tools, transparent processes and robust practice management services.
4. Strategic Impact on Growth
This addition bolsters LPL’s assets under management and advisor count, contributing to its $2.3 trillion custody base. The expansion aligns with LPL’s growth strategy to empower advisors and capture market opportunities across segments.




