LPL Financial announced today that StreamSong Advisors has joined its RIA custodial platform.

StreamSong is a newly formed independent financial advisory firm that manages more than $1.2 billion in assets.

Based in Grand Rapids, Mich., with an additional office in the Detroit metropolitan area, StreamSong focuses on businesses and high-net-worth investors in the $500,000 to $2 million range.

Previously with Fifth Third Bank, the team includes two financial advisors; a portfolio manager; a specialist in financial, tax, business succession and estate planning; and two support personnel.

Thomas Braun, founder of StreamSong, said in a statement that his firm chose LPL for the quality of its technology, its investment research and the high-net-worth capabilities that LPL has developed with its Fortigent division.