<Page>
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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                            ------------------------

                                  FORM 10-Q/A

            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2002

                         COMMISSION FILE NUMBER 0-26225

                            ------------------------

                        SOUNDVIEW TECHNOLOGY GROUP, INC.

             (exact name of registrant as specified in its charter)

<Table>
<S>                                             <C>
                DELAWARE                                 13-3900397
    (State or Other Jurisdiction of             (I.R.S. Employer Industrial
     Incorporation or Organization)                Identification Number)

1700 E. PUTNAM AVENUE, OLD GREENWICH, CT                   06870
(Address of Principal Executive Offices)                 (Zip Code)
</Table>

                                 (203) 321-7000
              (Registrant's Telephone Number, including Area Code)

                            ------------------------

    Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding twelve months, and (2) has been subject to such filing
requirements for the past ninety days: Yes /X/ No / /

    As of November 11, 2002, there were 107,516,900 shares of the Registrant's
common stock outstanding.

--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<Page>
                        SOUNDVIEW TECHNOLOGY GROUP, INC.
                         QUARTERLY REPORT ON FORM 10-Q
                               TABLE OF CONTENTS

<Table>
<S>      <C>                                                           <C>
                         PART I--FINANCIAL INFORMATION

Item 1.  Condensed Consolidated Financial Statements
         Condensed Consolidated Statements of Financial Condition as
           of March 31, 2002 and December 31, 2001...................      4
         Condensed Consolidated Statements of Operations for the
           three months ended March 31, 2002 and 2001................      5
         Condensed Consolidated Statements of Cash Flows for the
           three months ended March 31, 2002 and 2001................      6
         Notes to Condensed Consolidated Financial Statements........      7

Item 2.  Management's Discussion and Analysis of Financial Condition
           and Results of Operations.................................     12

Item 3.  Quantitative and Qualitative Disclosure about Market Risk...     18

Item 4.  Controls and Procedures.....................................     18

                          PART II--OTHER INFORMATION

Item 1.  Legal Proceedings...........................................     18

Item 2.  Changes in Securities and Use of Proceeds...................     18

Item 3.  Default upon Senior Securities..............................     18

Item 4.  Submission of Matters to a Vote of Security Holders.........     18

Item 5.  Other Information...........................................     18

Item 6.  Exhibits and Reports on Form 8-K............................     19

Signatures...........................................................     20

Certifications.......................................................     21
</Table>

                                       2
<Page>
    This amended quarterly report has been filed to reclassify a reduction of
the Company's minority interest liability to minority interest in the statement
of operations.

                                       3
<Page>
                                     PART I

ITEM 1--CONSOLIDATED FINANCIAL STATEMENTS

               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

            CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                      MARCH 31, 2002 AND DECEMBER 31, 2001

<Table>
<Caption>
                                                                MARCH 31,     DECEMBER 31,
                                                                  2002            2001
                                                              -------------   -------------
                                                               (UNAUDITED)
<S>                                                           <C>             <C>
                           ASSETS
CASH AND CASH EQUIVALENTS...................................  $ 124,982,641   $ 163,852,686
RECEIVABLE FROM CLEARING BROKER.............................     28,605,281      17,172,354
SECURITIES OWNED, at market or fair value...................      4,961,632       5,731,168
INVESTMENT BANKING FEES RECEIVABLE..........................      2,355,825       1,928,023
INVESTMENTS.................................................     22,645,892      25,529,042
INTANGIBLE ASSETS, net of accumulated amortization of
  $30,482,783 and $31,572,101 at March 31, 2002 and December
  31, 2001, respectively....................................    241,167,451     243,784,806
FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, net of
  accumulated depreciation and amortization of $13,104,803
  and $11,455,964 at March 31, 2002 and December 31, 2001,
  respectively..............................................     17,312,817      19,729,961
COMPUTER SOFTWARE, net of accumulated amortization of
  $727,897 and $601,561 at March 31, 2002 and December 31,
  2001, respectively........................................        390,983         655,879
PREPAID EXPENSES............................................      2,165,379       2,332,753
DEFERRED TAX AND OTHER ASSETS...............................     53,568,584      49,091,547
                                                              -------------   -------------
    Total assets............................................  $ 498,156,485   $ 529,808,219
                                                              =============   =============
            LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
  Securities sold but not yet purchased, at market value....  $     573,532   $     283,747
  Accounts payable and accrued expenses.....................      8,207,934       9,640,382
  Accrued compensation......................................     13,968,130      36,396,217
  Deferred tax liabilities..................................     25,761,854      26,568,637
  Other liabilities.........................................     24,815,935      20,946,443
                                                              -------------   -------------
    Total liabilities.......................................     73,327,385      93,835,426
                                                              -------------   -------------
STOCKHOLDERS' EQUITY:
Preferred Stock, $.001 par value, 30,000,000 shares
  authorized, no shares outstanding at March 31, 2002 and
  December 31, 2001.........................................             --              --
Common Stock, $.01 par value, 500,000,000 shares authorized,
  133,687,489 and 131,637,702 shares issued at March 31,
  2002 and December 31, 2001, respectively..................      1,336,875       1,316,377
Common Stock, Class B, $.01 par value, 75,000,000 shares
  authorized, no shares outstanding at March 31, 2002 and
  December 31, 2001.........................................             --              --
Additional paid-in capital..................................    915,424,101     909,903,822
Accumulated deficit.........................................   (408,354,442)   (389,128,916)
Notes receivable from stockholders..........................     (8,537,951)     (8,537,951)
Deferred compensation.......................................    (20,601,808)    (19,790,348)
Cumulative translation adjustment...........................             --      (2,544,122)
Treasury Stock, at cost, 23,055,579 and 23,659,959 shares at
  March 31, 2002 and December 31, 2001, respectively........    (54,437,675)    (55,246,069)
                                                              -------------   -------------
    Total stockholders' equity..............................    424,829,100     435,972,793
                                                              -------------   -------------
    Total liabilities and stockholders' equity..............  $ 498,156,485   $ 529,808,219
                                                              =============   =============
</Table>

 The accompanying notes are an integral part of these consolidated statements.

                                       4
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

               FOR THE THREE MONTHS ENDED MARCH 31, 2002 AND 2001

<Table>
<Caption>
                                                              THREE MONTHS ENDED MARCH 31,
                                                              -----------------------------
                                                                  2002            2001
                                                              -------------   -------------
                                                                       (UNAUDITED)
<S>                                                           <C>             <C>
REVENUES:
  Brokerage.................................................  $ 25,170,851    $ 39,583,833
  Investment banking........................................     4,017,695      13,009,953
  Interest and investment income............................       937,087       3,376,032
  Asset management fees.....................................     1,395,895       1,947,567
  Loss on investments.......................................    (2,507,044)     (2,130,372)
                                                              ------------    ------------
    Total revenues..........................................    29,014,484      55,787,013
                                                              ------------    ------------
EXPENSES:
  Compensation and benefits.................................    27,161,466      37,611,278
  Loss from consolidation of office space...................     8,479,798              --
  Brokerage and clearance...................................     4,329,702       5,880,805
  Communications and technology.............................     4,205,423       3,554,317
  Occupancy.................................................     2,189,052       3,211,225
  Depreciation and amortization.............................     2,016,188       2,771,258
  Marketing and business development........................     1,804,023       3,211,684
  Professional services.....................................     1,630,012       2,435,289
  Amortization of intangible asset..........................     1,486,807      16,214,250
  Impairment of intangible asset............................     1,130,550              --
  Discontinuance of European operations.....................     6,271,000              --
  Other.....................................................     1,330,742       1,829,738
                                                              ------------    ------------
    Total expenses..........................................    62,034,763      76,719,844
                                                              ------------    ------------
Loss before income tax benefit, equity in net loss of
  affiliates and minority interest..........................   (33,020,279)    (20,932,831)
Income tax benefit..........................................    (5,706,940)     (3,643,603)
                                                              ------------    ------------
    Loss before equity in net loss of affiliates and
      minority interest.....................................   (27,313,339)    (17,289,228)
                                                              ------------    ------------
  Equity in net loss of affiliates..........................            --      (5,289,131)
  Minority interest in earnings of subsidiary...............     8,087,811         (31,000)
                                                              ------------    ------------
Net loss....................................................  $(19,225,528)   $(22,609,359)
                                                              ============    ============
Net loss per share:
  Basic.....................................................  $      (0.20)   $      (0.20)
  Diluted...................................................  $      (0.20)   $      (0.20)
Weighted average shares used in the computation of net loss
  per share:
  Basic.....................................................    94,213,326     110,521,759
  Diluted...................................................    94,213,326     110,521,759
</Table>

 The accompanying notes are an integral part of these consolidated statements.

                                       5
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

               FOR THE THREE MONTHS ENDED MARCH 31, 2002 AND 2001

<Table>
<Caption>
                                                               THREE MONTHS ENDED MARCH 31,
                                                              ------------------------------
                                                                  2002              2001
                                                              ------------      ------------
                                                                       (UNAUDITED)
<S>                                                           <C>               <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss..................................................  $(19,225,528)     $(22,609,359)
  Adjustments to reconcile net loss to net cash used in
  operating activities--
    Deferred tax benefit....................................    (5,706,940)       (3,755,991)
    Depreciation and amortization...........................     3,502,995        18,985,508
    Equity in net loss of affiliates........................            --         5,289,131
    Impairment of intangible assets.........................     1,130,550                --
    Non-cash net gain on discontinuance of European
    operations..............................................    (3,205,686)               --
    Loss from consolidation of office space.................     8,034,799                --
    Compensation expense on restricted stock awards.........     3,552,242         3,047,858
    Cumulative translation adjustment.......................            --        (2,745,800)
  (Increase) decrease in operating assets--
    Receivable from clearing broker.........................   (11,432,927)       65,617,663
    Securities owned........................................       769,536           930,499
    Investment banking fees receivable......................      (427,802)        6,972,334
    Investments.............................................     2,883,150        10,496,542
    Prepaid expenses........................................       167,374        (1,835,458)
    Other assets............................................       224,486        (2,029,358)
  Increase (decrease) in operating liabilities--
    Securities sold but not yet purchased...................       289,785           (39,853)
    Accounts payable and accrued expenses...................    (1,432,448)         (458,910)
    Accrued compensation....................................   (24,156,087)     (106,485,845)
    Other liabilities.......................................     4,764,799        10,704,515
                                                              ------------      ------------
      Net cash used in operating activities.................   (40,267,702)      (17,916,524)
                                                              ------------      ------------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchases of short-term investments.......................            --          (635,626)
  Investments in STGE.......................................       (71,125)       (8,159,049)
  Computer software purchased...............................        46,679          (738,724)
  Payments for purchases of furniture, equipment and
    leasehold improvements..................................      (762,002)       (2,371,665)
                                                              ------------      ------------
      Net cash used in investing activities.................      (786,448)      (11,905,064)
                                                              ------------      ------------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Repayments of notes receivable from stockholders..........            --           144,200
  Repurchases of common stock...............................            --        (4,114,498)
  Proceeds from issuance of common stock....................     2,184,105           914,848
                                                              ------------      ------------
      Net cash provided by (used in) financing activities...     2,184,105        (3,055,450)
                                                              ------------      ------------
      Net decrease in cash and cash equivalents.............   (38,870,045)      (32,877,038)
Cash and cash equivalents, beginning of period..............   163,852,686       184,788,892
                                                              ------------      ------------
Cash and cash equivalents, end of period....................  $124,982,641      $151,911,854
                                                              ============      ============
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
  Cash paid during the period for taxes.....................  $         --      $  1,945,437

NON-CASH TRANSACTIONS:
  Issuances (forfeitures) of restricted stock to employees,
    net of forfeitures......................................  $  4,590,926      $ (1,109,692)
</Table>

 The accompanying notes are an integral part of these consolidated statements.

                                       6
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

                            MARCH 31, 2002 AND 2001

1. ORGANIZATION AND BASIS OF PRESENTATION

    SoundView Technology Group, Inc. (the "Company") was incorporated on
March 27, 1996 and commenced operations in September 1997. The accompanying
unaudited consolidated financial statements include the accounts of the Company
and its wholly-owned subsidiaries, SoundView Technology Corporation ("STC"), Wit
Capital Corporation, SoundView Technology Group PLC ("STGE"), SoundView Asset
Management, Inc., and SoundView Ventures Corp. All material intercompany
balances and transactions have been eliminated in consolidation.

    On January 31, 2000, Wit Capital Group, Inc. completed a merger with
SoundView Technology Group, Inc. ("STG"). From June 2000 to August 2001, the
combined company operated as Wit SoundView Group, Inc. and in August 2001, the
combined company changed its name to SoundView Technology Group, Inc. All
references to "STG" refer to operations of STG prior to its merger with Wit
Capital Group, Inc.

    The Company is a technology-focused, research driven securities banking firm
that provides services to an institutional and issuer client base. The Company
produces comprehensive sell-side research on over 215 technology companies. The
Company's brokerage operations provide a variety of sales and trading services
to institutional investors. Through the Company's venture capital operations, it
has established and currently manages a number of venture capital funds that
provide investors with the opportunity to participate in technology and Internet
related investments.

    These financial statements have been prepared pursuant to the rules and
regulations of the Securities and Exchange Commission (the "SEC") and, in the
opinion of management, reflect all adjustments necessary for a fair presentation
of the results for the periods presented in conformity with accounting
principles generally accepted in the United States. These financial statements
should be read in conjunction with the Company's audited financial statements
included in the Company's Annual Report on Form 10-K filed with the SEC on
April 1, 2002. Results of the interim periods are not necessarily indicative of
results to be obtained for a full fiscal year.

2. INTANGIBLE ASSETS

    In July 2001, the Financial Accounting Standards Board issued SFAS No. 142,
"Goodwill and Other Intangible Assets", which the Company adopted on January 1,
2002. SFAS No. 142 addresses financial accounting and reporting for acquired
goodwill and other intangible assets acquired individually or with a group of
other assets (but not those acquired in a business combination) at acquisition.
The statement provides that assets which have indefinite useful lives will not
be amortized, but rather will be tested at least annually for impairment and
establishes specific guidelines for the testing of such assets. SFAS No. 142
allows for intangible assets with finite useful lives to continue to be
amortized over their useful lives, but provides that those lives will no longer
be limited to 40 years. As of March 31, 2002, the Company has not yet determined
if it will incur any impairment charges resulting from the adoption of SFAS
No. 142.

    In accordance with the provisions of SFAS No. 142, as of January 1, 2002,
the Company ceased amortizing the remaining carrying value of the goodwill and
tradename intangible assets related to the Company's merger with STG in
January 2000, both of which have indefinite useful lives. As of March 31, 2002,
the carrying value of the goodwill and tradename intangible asset were
$180,701,610 and $2,170,000, respectively. Through December 31, 2001, these
assets were being amortized over a period of 20 years on a straight-line basis.
The following table sets forth reported net loss and earnings

                                       7
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

                            MARCH 31, 2002 AND 2001

2. INTANGIBLE ASSETS (CONTINUED)
per share information as adjusted to exclude amortization of goodwill and the
tradename intangible asset:

<Table>
<Caption>
                                                              THREE MONTHS ENDED MARCH 31,
                                                              -----------------------------
                                                                  2002            2001
                                                              -------------   -------------
<S>                                                           <C>             <C>
Net loss....................................................  $(19,225,528)   $(22,609,359)
Amortization of goodwill and tradename intangible asset, net
  of income tax benefit.....................................            --      10,282,965
                                                              ------------    ------------
Net loss as adjusted........................................  $(19,225,528)   $(12,326,394)
                                                              ============    ============
Net loss per common share as reported:
  Basic.....................................................  $      (0.20)   $      (0.20)
  Diluted...................................................  $      (0.20)   $      (0.20)
Net loss per common share as adjusted:
  Basic.....................................................  $      (0.20)   $      (0.11)
  Diluted...................................................  $      (0.20)   $      (0.11)
</Table>

    For the three months ended March 31, 2001, amortization expense included
$7,765,392 related to goodwill that was written-off in June 2001.

    Intangible assets subject to amortization under the provisions of SFAS
No. 142 consist of customer relationships and non-compete agreements and are
being amortized over a weighted average life of approximately 15 years. The
following table sets forth the gross carrying amount, accumulated amortization
and net carrying amount of these intangible assets:

<Table>
<Caption>
                                                               MARCH 31,     DECEMBER 31,
                                                                  2002           2001
                                                              ------------   ------------
<S>                                                           <C>            <C>
Gross carrying amount.......................................  $ 69,400,000   $ 73,100,000
Accumulated amortization....................................   (11,104,159)   (12,186,804)
                                                              ------------   ------------
Net carrying amount.........................................  $ 58,295,841   $ 60,913,196
                                                              ============   ============
</Table>

    For the three months ended March 31, 2002 and 2001, the Company recorded
$1,486,807 and $5,919,585, of amortization expense, respectively, related to
intangible assets subject to amortization. For the quarter ended March 31, 2001,
amortization expense included $4,638,336 related to intangible assets subject to
amortization that were written-off prior to or during the quarter ended
March 31, 2002. Estimated amortization expense for these intangible assets is
approximately $5.1 million for each of the fiscal years ending December 31, 2002
through 2006.

3. NET LOSS PER SHARE

    The calculation of net loss per share for the three month periods ended
March 31 2002 and 2001 includes weighted average common shares outstanding of
94,213,326 and 110,521,759, respectively. Because the Company reported a net
loss for the those periods, the calculations of diluted earnings per share in
those periods do not include options, warrants and common stock collateralizing
the notes receivable from stockholders, as they are anti-dilutive and would
result in a reduction of net loss per share. If the Company had reported net
income, there would have been an additional 7,019,855 and

                                       8
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

                            MARCH 31, 2002 AND 2001

3. NET LOSS PER SHARE (CONTINUED)
11,577,427 shares for the three month periods ended March 31, 2002 and 2001,
respectively, included in the calculation of diluted earnings per share.

4. STOCK OPTION PLAN

    The Company has adopted a stock incentive plan (the "Plan") that permits the
granting of stock options, restricted stock and other awards to employees,
directors and certain consultants of the Company. The exercise price of any
share covered by an option granted to a person owning more than 10% of the
voting power of all classes of stock of the Company cannot be less than 110% of
the fair market value on the day of the grant. The exercise price of options
intended to qualify as incentive stock options under Section 422 of the IRS Code
may not be less than the fair market value on the date of grant. Options granted
expire five or ten years from the date of grant, with the majority of the
options expiring in the year 2010.

    As permitted by SFAS No. 123, "Accounting for Stock-Based Compensation," the
Company has accounted for options granted to employees using the intrinsic value
method prescribed by Accounting Practice Bulletin ("APB") Opinion No. 25,
"Accounting for Stock Issued to Employees." For all options granted with
exercise prices that are equal to or greater than the fair market value of such
common stock at the date of grant, the Company has recorded no related
compensation expense. For any options granted with exercise prices that are less
than the fair market value of such common stock at the date of grant and for
restricted stock issued with future service requirements, the Company recognizes
compensation expense over the relevant vesting period.

    As of March 31, 2002 the Company has 19,172,438 outstanding options with a
range of exercise prices between $0.15 and $34.88 per share and a weighted
average exercise price of $2.61.

5. WARRANTS

    As of March 31, 2002, the Company has 5,744,255 outstanding warrants with a
range of exercise prices between $1.43 and $5.57. These warrants are exercisable
for 106,960 shares of common stock and 5,637,295 shares of Class B common stock.

6. LOSS FROM CONSOLIDATION OF OFFICE SPACE

    For the three months ended March 31, 2002, the Company recorded a loss from
consolidation of office space of approximately $8.5 million related primarily to
an adjustment to the estimated reserve for the Company's lease commitment for an
unused portion of its office space in San Francisco, California, that is being
held for sublease at a lower rate than the lease rate.

7. DISCONTINUANCE OF EUROPEAN OPERATIONS

    For the three months ended March 31, 2002, the Company reported a
$6.3 million charge for severance and other costs associated with discontinuing
STGE's operations including a $2.8 million loss on foreign exchange translation
which had been reported as a separate component of stockholders' equity.
Additionally, the Company recognized an $8.1 million gain on the reduction of
minority interest in STGE. This amount has been reclassified to minority
interest in the statement of operations. This

                                       9
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

                            MARCH 31, 2002 AND 2001

7. DISCONTINUANCE OF EUROPEAN OPERATIONS (CONTINUED)
amount had previously been classified as an offset in expenses related to the
discontinuance of the Company's European operations.

8. IMPAIRMENT OF INTANGIBLE ASSET

    For the three months ended March 31, 2002, the Company recorded an
impairment loss of $1.1 million to write-off the carrying value of the
investment advisory intangible asset that resulted from the merger with STG, as
the hedge fund formerly managed by STG and from which STG earned incentive
royalties under an agreement with the manager, ceased operations in the first
quarter of 2002.

9. CONTINGENCIES

    The Company is currently subject to claims and legal proceedings arising in
the normal course of its business. In the opinion of management, the resolution
of such claims and legal proceedings should not have a material adverse effect
on the financial position, results of operations or liquidity of the Company.

10. INCOME TAXES

    The Company accounts for income taxes in accordance with SFAS No. 109,
"Accounting For Income Taxes," which requires the recognition of deferred tax
assets and liabilities at tax rates expected to be in effect when these balances
reverse. Future tax benefits attributable to temporary differences are
recognized to the extent that realization of such benefits is more likely than
not. The Company files consolidated Federal and combined state and local income
tax returns with certain of its wholly-owned subsidiaries.

    The components of the Company's income tax benefit for the periods ended
March 31, 2002 and 2001 are as follows:

<Table>
<Caption>
                                                              THREE MONTHS ENDED MARCH 31,
                                                              ----------------------------
                                                                 2002             2001
                                                              -----------      -----------
<S>                                                           <C>              <C>
Current:
  Federal...................................................  $        --      $        --
  State and local...........................................           --          112,388
                                                              -----------      -----------
                                                                       --          112,388
                                                              -----------      -----------
Deferred:
  Federal...................................................   (5,587,195)      (3,690,890)
  State and local...........................................     (119,745)         (65,101)
                                                              -----------      -----------
                                                               (5,706,940)      (3,755,991)
                                                              -----------      -----------
                                                              $(5,706,940)     $(3,643,603)
                                                              ===========      ===========
</Table>

The Company's effective tax rate differs from the Federal statutory rate
primarily due to the amortization of intangible assets and goodwill and state
and local income taxes.

                                       10
<Page>
               SOUNDVIEW TECHNOLOGY GROUP, INC. AND SUBSIDIARIES

        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

                            MARCH 31, 2002 AND 2001

10. INCOME TAXES (CONTINUED)
    The Company has recorded deferred tax assets of $50.7 million and
$27.2 million as of March 31, 2002 and 2001 respectively, primarily related to
net operating loss carryforwards. The Company has also recorded deferred tax
liabilities of approximately $25.8 million primarily reflecting the difference
between the financial reporting and tax basis of intangible assets acquired in
the merger with STG.

11. NET CAPITAL REQUIREMENTS

    STC is subject to the SEC's Uniform Net Capital Rule 15c3-1. STC's net
capital, as defined, is required to be the greater of $250,000 or an amount
determinable based on the market prices and number of securities in which STC
acts as a market maker. As of March 31, 2002 and December 31, 2001, STC's net
capital was $99,428,906 and $105,199,341, which was $98,826,406 and $104,646,841
in excess of the minimum net capital requirements, respectively.

12. OTHER COMPREHENSIVE INCOME

    Upon the acquisition of a controlling interest in STGE in the first quarter
of 2001, the Company implemented the provisions of SFAS No. 130, "Reporting
Comprehensive Income," which requires the Company to report the changes in
stockholders' equity from all sources during the period other than those
resulting from investments by shareholders. Revenues and expenses from the
Company's subsidiary, STGE, were translated into U.S. dollars at average monthly
exchange rates prevailing during each quarter and the resulting translation
adjustment was reported as a separate component of stockholders' equity. Upon
the closing of the operations of STGE in March 2002, the Company included the
cumulative translation adjustment in its results of operations for the three
months ended March 31, 2002 in the loss on discontinuance of European operations
(Note 7). The Company is no longer required to report these changes as a
separate component of stockholders' equity. Net comprehensive loss for the
quarters ended March 31, 2002 and 2001 is as follows:

<Table>
<Caption>
                                                               THREE MONTHS ENDED MARCH 31,
                                                              ------------------------------
                                                                  2002              2001
                                                              ------------      ------------
<S>                                                           <C>               <C>
Net loss....................................................  $(19,225,528)     $(22,609,359)
Cumulative translation adjustment...........................            --        (2,745,800)
                                                              ------------      ------------
Net comprehensive loss......................................  $(19,225,528)     $(25,355,159)
                                                              ============      ============
</Table>

                                       11
<Page>
ITEM 2--MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
  OF OPERATIONS

    The following discussion should be read with the consolidated financial
statements of SoundView Technology Group, Inc. and subsidiaries and related
notes thereto.

CRITICAL ACCOUNTING POLICIES

    For a description of critical accounting policies, including those which
involve varying degrees of judgement, see Management's Discussion and Analysis
of Financial Condition and Results of Operations in the Company's Annual Report
on Form 10-K for the fiscal year ended December 31, 2001.

OVERVIEW AND BUSINESS

    On January 31, 2000, Wit Capital Group, Inc. completed a merger with
SoundView Technology Group, Inc. ("STG"). From June 2000 to August 2001, the
combined company operated as Wit SoundView Group, Inc. and in August 2001, the
combined company changed its name to SoundView Technology Group, Inc. All
references to "SoundView", the "Company", "us", "our", and "we" refer to the
combined company and its subsidiaries subsequent to January 31, 2000. All
references to "STG" refer to operations of STG prior to its merger with Wit
Capital Group, Inc.

    SoundView Technology Group, Inc. was incorporated on March 27, 1996 and
commenced operations in September 1997. The accompanying consolidated financial
statements include the accounts of the Company and its subsidiaries, SoundView
Technology Corporation ("STC"), Wit Capital Corporation, SoundView Technology
Group PLC ("STGE"), SoundView Asset Management, Inc. and SoundView Ventures
Corp.

    On February 16, 2001, we acquired an 82% interest in STGE through the
purchase of additional shares of common stock which increased to 99.9% in
March 2002. Accordingly, beginning in February 2001, the results of operations
of STGE have been consolidated with ours.

    SoundView is a research driven, technology-focused securities firm.
SoundView produces comprehensive sell-side research on over 215 technology
companies. Our brokerage operations provide a variety of sales and trading
services to institutional investors. We leverage our technology expertise
through a sales force which has a comprehensive understanding of the complex and
diverse technologies involved in technology-focused investing. Our investment
banking services include public offerings, M&A advisory and private equity
placements. Our venture capital operation has established and currently manages
a number of venture capital funds that provide investors with the opportunity to
participate in technology and Internet related investments.

CURRENT MARKET ENVIRONMENT

    As a technology focused securities firm, our business and operations are
affected by the U.S. and global economic environment and financial market
conditions. The performance of the equity capital markets, and in particular the
market for technology companies, significantly influences the strength of our
business operations. We continue to operate under unfavorable market conditions
that commenced in 2000 and worsened throughout 2001 and the first quarter of
2002 as a result of continuing uncertainty regarding the extent of the global
economic slowdown and weakness in the technology sector. Additionally, during
the first quarter of 2002, confidence in the markets has been affected by
concerns surrounding the financial reporting and accounting practices of certain
public companies. As a result of continuing market uncertainty, it is not clear
when the primary equity markets will re-open on terms acceptable to prospective
technology issuers and when or whether we will experience a related increase in
revenue from public equity offerings. We continue to advise on private equity
financings as well as merger and acquisition activity, but are still
experiencing a slowdown in these areas.

                                       12
<Page>
Additionally, our institutional brokerage operations may be negatively affected
by overall market volatility and more specifically, by periods of declining
prices or trading volumes in technology stocks.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2002 AS COMPARED TO
THE THREE MONTHS ENDED MARCH 31, 2001

REVENUES

    Total revenues for the quarter ended March 31, 2002 were $29.0 million,
compared to $55.8 million for the quarter ended March 31, 2001. This represents
a 48% decrease in total reported revenues, primarily attributable to decreases
in brokerage revenue and investment banking revenue, and to a lesser extent, to
a decrease in interest and investment income and asset management fees and
write-downs on private equity investments.

    Brokerage revenue for the quarter ended March 31, 2002 was $25.2 million,
compared to $39.6 million for the quarter ended March 31, 2001. Brokerage
revenue decreased 36% primarily as a result of lower trading revenue derived
from our market making operations and to a lesser extent from lower trading
revenue derived from our listed trading operations. As a result of the move to
decimal trading in the Nasdaq Stock Market, which began in April 2001, narrowing
bid-ask spreads and smaller price increments are being experienced and are
resulting in a decrease in trading revenue earned from our market making
operations. These lower price increments combined with a general decline in
trading volumes in technology stocks have resulted in lower revenues from our
brokerage operations. To compensate for the narrowing of bid-ask spreads, we
have started charging commissions on certain Nasdaq trades which we believe will
begin to offset the decrease we have experienced in this revenue.

    Investment banking revenue for the quarter ended March 31, 2002 was
$4.0 million, compared to $13.0 million for the quarter ended March 31, 2001.
Investment banking revenue is primarily derived from the public offering of
equity securities, and also from mergers and acquisitions and strategic advisory
services and private equity offerings. The 69% decrease in investment banking
revenue in 2002 as compared to 2001 is attributable to unfavorable market
conditions for technology companies, which include lower market valuations and
general market and economic uncertainty, and to decreased contributions from our
mergers and acquisitions advisory services. During the first quarter of 2002 we
participated as a manager in a total of 5 public securities offerings, 1 as lead
manager and 4 as co-manager as compared to the first quarter of 2001 during
which we co-managed 1 offering. However, during the first quarter of 2001, we
recognized revenue on 5 M&A and private equity transactions which accounted for
over 50% of total investment banking revenue in that period, compared to closing
only 1 private equity transaction in the first quarter of 2002. So long as the
stability of the public equity markets remains uncertain and mergers and
acquisitions activity remains slow, we do not expect that investment banking
revenue will increase significantly from the level achieved in the first quarter
of 2002.

    Interest and investment income for the quarter ended March 31, 2002 was
$937,000, compared to $3.4 million for the quarter ended March 31, 2001. We earn
interest income from the investment of cash balances raised through financing
activities until the funds are used in our business. During the first quarters
of 2002 and 2001, our average monthly cash balance was $154.1 million and
$184.3 million, respectively. Our interest and investment income decreased 72%
in the first quarter 2002 compared to the first quarter of 2001 as a result of
decreased interest bearing cash balances and lower interest income earned on our
invested cash.

    Asset management fees for the quarter ended March 31, 2002 were
$1.4 million compared to $1.9 million for the quarter ended March 31, 2001. This
revenue is derived primarily from management fees from our series of venture
capital funds and in 2001, included incentive royalties from hedge funds that
were formerly managed by STG. Comparing asset management fees earned in the
quarters ended March 31, 2002 and 2001, the 28% decrease in 2002 is attributable
primarily to a reduction in the

                                       13
<Page>
incentive royalties which the Company no longer earns as the hedge funds ceased
operations in the first quarter of 2002.

    The loss on investments for the quarter ended March 31, 2002 was
$2.5 million, compared to $2.1 million for the quarter ended March 31, 2001. For
the quarters ended March 31, 2002 and 2001, the 18% increase primarily consists
of losses from investment partnerships focused on the technology sector and a
decline in the value of the Company's contributions to leveraged employee
investment funds. As of March 31, 2002, we hold approximately $22.6 million in
private equity investments and in investment funds in which the underlying
investments are in privately held companies. We carry our investments at fair
value, which requires management to make estimates based on available
information, which do not necessarily represent the amounts that might
ultimately be realized, since such amounts depend on future circumstances and
cannot be determined until the investments are actually liquidated. Actual
results could differ from those estimates and the differences could be material.
We may recognize additional future gains or losses related to our investment
portfolio based on specific circumstances surrounding an individual investment
or if general market conditions in certain sectors change materially.

EXPENSES

    Compensation and benefits expense for the quarter ended March 31, 2002 was
$27.2 million, compared to $37.6 million for the quarter ended March 31, 2001.
Compensation and benefits expense consists of salaries, bonuses, amortization of
restricted stock awards and other benefits paid or provided to the Company's
employees. The 28% decrease in compensation and benefits expense from the first
quarter of 2001 to 2002 primarily relates to lower incentive compensation
accrued on lower revenues and a decrease in personnel from 413 as of March 31,
2001 to 240 as of March 31, 2002. Excluding severance charges of $4,114,813 and
$2,754,724 and stock based compensation expense of $1,787,517 and $1,677,452 in
the quarters ended March 31, 2002 and 2001, respectively, compensation expense
decreased 36%, which is consistent with the overall decrease in headcount from
quarter to quarter.

    Loss from consolidation of office space was $8.5 million for the quarter
ended March 31, 2002. This loss consists primarily of an adjustment to a reserve
established in the second and third quarters of 2001 related to our lease
commitment for an unused portion of our office space in San Francisco,
California. In March 2002, we decided to further consolidate our office space in
San Francisco as a result of the reduction in headcount which we believe will
increase the likelihood of sublease for the unoccupied portion. Accordingly, we
recorded an additional loss reserve of $7.8 million consisting of our lease
commitment for the estimated time frame for sublease and the market loss on the
additional unused office space over the life of the lease. In addition, we have
been unsuccessful at subleasing our unoccupied office space in Stamford,
Connecticut and have established a reserve of $0.7 million related to this
sublease. As we assess market conditions and other factors existing in 2002
regarding the demand for office space, we will determine if additional
adjustments to the loss reserve are necessary in relation to the planned
subleases of our office space in various locations.

    Brokerage and clearance expense for the quarter ended March 31, 2002 was
$4.3 million, compared to $5.9 million for the quarter ended March 31, 2001.
This expense primarily consists of fees paid to independent floor brokers on the
New York Stock Exchange for the execution of institutional customer agency
trades, as well as amounts paid to our clearing broker for processing and
clearing customers' trades. The 26% decrease in brokerage and clearance expense
for the quarter ended March 31, 2002 compared to March 31, 2001 resulted from
decreased brokerage revenue. We expect our brokerage and clearance expense to
fluctuate to the extent we experience an increase or decrease in related
commission revenue.

    Communications and technology expense for the quarter ended March 31, 2002
was $4.2 million, compared to $3.6 million for the quarter ended March 31, 2001.
Communications and technology

                                       14
<Page>
expense includes costs related to market data services, transaction processing
and telephone and other communication charges. Comparing the quarter ended
March 31, 2002 to the quarter ended March 31, 2001 this expense has increased
18%. Included in this increase was a payment made to a vendor in January 2002 in
the amount of $1.2 million to terminate a contract. This payment offset a
decrease of 16% in other communications and technology expenses from 2001 to
2002 resulting from a cost reduction effort and the decrease in usage resulting
from the decrease in headcount.

    Occupancy expense for the quarter ended March 31, 2002 was $2.2 million,
compared to $3.2 million for the quarter ended March 31, 2001. Occupancy expense
includes costs related to leasing office space in Old Greenwich, New York,
Stamford, San Francisco, Boston and London. The 32% decrease from 2001 to 2002
was attributable to reduced headcount and steps we took to consolidate our east
coast operations into one location in Old Greenwich, Connecticut as well as to
consolidate our office space in San Francisco.

    Depreciation and amortization expense for the quarter ended March 31, 2002
was $2.0 million, compared to $2.8 million for the quarter ended March 31, 2001.
Depreciation and amortization consists primarily of depreciation and
amortization of furniture, equipment and leasehold improvements and amortization
of computer software. The decreases in depreciation and amortization expense of
27% comparing 2002 with 2001, are primarily the result of the write-off of
leasehold improvements related to the consolidation of office space in the
latter quarters of 2001 and the first quarter of 2002.

    Marketing and business development expense for the quarter ended March 31,
2002 was $1.8 million, compared to $3.2 million for the quarter ended March 31,
2001. Marketing and business development expense consists primarily of travel,
entertainment and costs associated with hosting our technology-focused
conferences. The 44% decrease from the first quarter of 2001 to 2002 is
attributable to a decrease in advertising costs incurred as well as a decrease
in travel expenses resulting from the market slowdown and to a lesser extent,
the related reduction in headcount. In the future, we would expect these
expenses to fluctuate to the extent we modify our marketing efforts in response
to the changing business environment and market conditions.

    Professional services expense for the quarter ended March 31, 2002 was
$1.6 million, compared to $2.4 million for the quarter ended March 31, 2001.
Professional services expense includes legal, consulting, accounting, and
recruiting fees and the costs related to our strategic relationships with the
Gartner Group and the Giga Group, which allow us access to their products and
services. The 33% decrease from the first quarter of 2001 to 2002 is
attributable to fewer consultants' fees and legal costs in connection with
defending ourselves in litigation.

    Amortization of intangible assets and goodwill decreased to $1.5 million for
the quarter ended March 31, 2002 from $16.2 million for the quarter ended
March 31, 2001. For the first quarter of 2002, amortization of intangible assets
and goodwill consisted of amortization of intangible assets related to the
merger with STG. The merger with STG, completed on January 31, 2000, resulted in
approximately $275 million in intangible assets and goodwill, which were being
amortized over periods ranging from 3 to 20 years. On January 1, 2002, we ceased
amortization of the STG goodwill and tradename intangible assets upon adoption
of SFAS No. 142, "Goodwill and Other Intangible Assets" (see "New Accounting
Pronouncements"). Consequently, the first quarter of 2002 does not include
$2.5 million of amortization for these intangible assets. Additionally in the
first quarter of 2002, as a result of an impairment charge, discussed below, the
balance of amortizable intangible assets was further reduced to its carrying
value at March 31, 2002 of approximately $58.3 million.

    For the first quarter of 2001, amortization of intangible assets and
goodwill consisted of amortization of intangible assets related to the merger
with STG, as discussed above, and E*OFFERING Corp. The merger with E*OFFERING,
which was completed on October 16, 2000, resulted in approximately $304 million
in intangible assets and goodwill, which, in the three months ended March 31,
2001, were amortized on a straight-line basis over 5 and 7 years, respectively.
In the

                                       15
<Page>
second and third quarters of 2001, the carrying values of goodwill and
intangible assets related to the merger with E*OFFERING were reduced to zero as
a result of an impairment charge and the restructuring of the strategic alliance
with E*TRADE Group, Inc., which resulted in a return of stock previously issued
to E*TRADE. The first quarter of 2002, as a result, does not include
approximately $12.1 million of amortization expense related to the E*OFFERING
merger, as compared with the first quarter of 2001.

    In the quarter ended March 31, 2002, we recorded an impairment of intangible
assets charge of $1.1 million. Management reviews intangible and other assets
whenever circumstances indicate the carrying amount of an asset may not be
recoverable. This charge resulted from the write-off the carrying value of the
investment advisory intangible asset acquired in the merger with STG, as the
fund we formerly managed and from which we earned incentive royalties under an
agreement with the manager, ceased operations in the first quarter of 2002.

    For the three months ended March 31, 2002, we reported a $6.3 million charge
for severance and other costs associated with discontinuing STGE's operations
including a $2.8 million loss on foreign exchange translation which had been
reported as a separate component of stockholders' equity. Additionally, we
recognized an $8.1 million gain on the reduction of minority interest in STGE.

    Other expenses for the quarter ended March 31, 2002 were $1.3 million,
compared to $1.8 million for the quarter ended March 31, 2001. Other expenses
includes costs for office supplies, insurance, subscriptions, registrations and
other general administrative expenses. Comparing 2002 to 2001, the 27% decrease
in other expenses relates to a general decrease in general and administrative
costs through an ongoing expense reduction effort.

OTHER

    Equity in net loss of affiliates and minority interest totaled $0 for the
three month period ended March 31, 2002 and $5.3 million for the three month
period ended March 31, 2001. Equity in net loss of affiliates represents our
proportional share of the losses incurred by Wit Capital Japan through the sale
of our investment and our proportional share of losses incurred by STGE until
February 2001 when we acquired an 82% interest in STGE and began to consolidate
its results of operations with ours. Minority interest in the earnings of STGE
in the first quarter of 2001 represents recognition of the 18% interest in that
entity held by Cazenove & Co. ("Cazenove"). In November 2001, we sold our
interest in Wit Capital Japan. Further, on March 15, 2002, we acquired
Cazenove's interest in STGE, for a nominal amount, increasing our ownership
interest in STGE to 99.9% and made the decision to discontinue the operations of
the subsidiary. Accordingly, 99.9% of the results of operations of STGE have
been consolidated with ours since March 15, 2002 and all charges related to the
discontinuance of European operations are discussed above.

    For the quarter ended March 31, 2002, we recorded an income tax benefit of
$5.7 million compared to a $3.6 million income tax benefit for the quarter ended
March 31, 2001. We record a provision or benefit for income taxes based on our
estimated taxable income and periodically assess the need for valuation
allowances based on our estimation of future taxable earnings. Our effective tax
rate differs from the Federal statutory rate as a result of certain
non-deductible expenses, primarily goodwill, and state and local income taxes.
As of March 31, 2002, we have recorded $50.7 million in deferred tax assets
related primarily to net operating loss carryforwards. We have not established a
valuation allowance against these deferred tax assets as management believes it
is more likely than not that such tax benefits will be utilized against future
taxable income. However if market conditions remain unfavorable and we continue
to operate in a taxable loss position through the remainder of fiscal 2002, we
will reassess the need for a valuation allowance against part or all of the
deferred tax assets. Based on the balances of our deferred tax assets and
liabilities at March 31, 2002, the valuation allowance would approximate
$45.3 million.

                                       16
<Page>
LIQUIDITY AND CAPITAL RESOURCES

    As of March 31, 2002, we have $153.6 million in cash and cash equivalents.
We do not currently anticipate any capital expenditures or investments in the
next twelve months. Additionally, in March 2002 we undertook a business review
focused on reducing our cost structure in an effort to generate positive cash
flow from operations over the last 9 months of 2002 in varying market
conditions.

    Net cash used in operating activities was $40.3 million for the three months
ended March 31, 2002, compared to $17.9 million during the same period in the
preceding year. Cash used in operating activities for the three months ended
March 31, 2002 was primarily from a net loss of $19.2 million, offset by
non-cash adjustments of $7.3 million, a net increase in operating assets of
$7.8 million, and a decrease in operating liabilities of $20.6 million. Cash
used in operating activities for the three months ended March 31, 2001 was
primarily from a net loss of $22.6 million, non-cash adjustments of
$20.8 million, a net decrease in operating assets of $80.2 million, and a
decrease in operating liabilities of $96.3 million.

    Net cash provided by operations could be negatively impacted by a number of
factors, including potential losses on private equity investments, including the
venture capital and employee investment funds, in which the underlying
investments are in privately held companies. We carry our investments,
approximately $22.6 million as of March 31, 2002, at fair value which requires
management to make estimates based on available information, which do not
necessarily represent the amounts that might ultimately be realized, since such
amounts depend on future circumstances and cannot be determined until the
investments are actually liquidated. Actual results could differ from those
estimates and the differences could be material. We may recognize additional
future gains or losses related to our investment portfolio based on specific
circumstances surrounding an individual investment or if general market
conditions in certain sectors charge materially.

    Net cash used in investing activities was $0.8 million for the three months
ended March 31, 2002, compared to $11.9 million for the three months ended
March 31, 2001. Cash used in investing activities for the three months ended
March 31, 2001 consisted primarily of purchases of furniture, equipment and
leasehold improvements. Cash used in investing activities for the three months
ended March 31, 2001 was primarily purchases of short-term investments of
$636,000, investment in STGE of $8.2 million, fixed asset purchases of
$2.4 million and development of computer software of $739,000.

    Net cash provided by financing activities was $2.2 million for the three
months ended March 31, 2002, compared to cash used in financing activities of
$3.1 million during the three months ended March 31, 2001. Cash provided by
financing activities for the three months ended March 31, 2002 resulted from
proceeds received from the issuance of common stock for the exercise of options.
Cash used in financing activities for the three months ended March 31, 2001
resulted primarily from the repurchase of treasury stock of $4.1 million offset
by $915,000 million in proceeds received from the issuance of common stock for
the exercise of options and warrants.

NEW ACCOUNTING PRONOUNCEMENTS

    In July 2001, the Financial Accounting Standards Board issued SFAS No. 142,
"Goodwill and Other Intangible Assets". SFAS No. 142 addresses financial
accounting and reporting for acquired goodwill and other intangible assets
acquired individually or with a group of other assets (but not those acquired in
a business combination) at acquisition. The statement provides that assets which
have indefinite useful lives will not be amortized, but rather will be tested at
least annually for impairment and establishes specific guidelines for the
testing of such assets. SFAS No. 142 allows for intangible assets with finite
useful lives to continue to be amortized over their useful lives, but provides
that those lives will no longer be limited to 40 years. The provisions of SFAS
No. 142 are effective for fiscal years beginning after December 15, 2001.
Accordingly, beginning in January 2002, the Company ceased

                                       17
<Page>
amortizing the remaining carrying value of the goodwill and tradename intangible
assets related to the Company's merger with STG in January 2000, both of which
have indefinite useful lives. As of March 31, 2002, the Company has not yet
determined if it will incur any impairment charges resulting from the adoption
of SFAS No. 142.

ITEM 3--QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

    There has been no material change from the Item 305 information included in
the Registrant's Annual Report on Form 10-K for the year ended December 31,
2001.

ITEM 4--CONTROLS AND PROCEDURES

    There were no significant changes in the Company's internal controls or in
other factors that could significantly affect those controls subsequent to the
date of their evaluation, including any corrective actions with regard to
significant deficiencies and material weaknesses.

                                    PART II

ITEM 1--LEGAL PROCEEDINGS

    Certain claims and legal proceedings are described in the Registrant's
Annual Report on Form 10-K for the year ended December 31, 2001. We are
currently subject to claims and legal proceedings arising in the normal course
of our business. We do not believe that the resolution of such legal proceedings
should have a material adverse effect on us.

ITEM 2--CHANGES IN SECURITIES AND USE OF PROCEEDS

    None

ITEM 3--DEFAULT UPON SENIOR SECURITIES

    None

ITEM 4--SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

    None

ITEM 5--OTHER INFORMATION

FORWARD-LOOKING STATEMENTS

    The Company has included in this Form 10-Q filing, and from time to time its
management may make, statements which may constitute forward-looking statements
within the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are not
historical facts but instead represent only the Company's beliefs regarding
future events, many of which, by their nature, are inherently uncertain and
outside of the Company's or its management's control. Statements preceded by,
followed by, or that include the words "expect," "will," "may," "could,"
"intend," "anticipate," "believe," and "should", involve known and unknown
risks, uncertainties and other factors which may cause our actual results,
performance or achievements, or those of the industry in which we operate, to be
materially different from any expected future results, performance or
achievements expressed or implied in these forward-looking statements. It is
possible that its actual results may differ, possibly materially, from the
anticipated results indicated in these forward-looking statements. Important
factors that could cause actual results to differ from those in the Company's
specific forward-looking statements include:

    - a decline in general economic conditions or the United States securities
      markets;

                                       18
<Page>
    - the inability to ensure sufficient revenue to cover its costs and create
      profits;

    - increasing competitive pressures; and

    - increased volatility in the capital markets.

    Additional information regarding these and other important factors that
could cause actual results to differ from those in the Company's forward-looking
statements is contained in the Company's Annual Report on Form 10-K for the
fiscal year ended December 31, 2001. The Company hereby incorporates by
reference those risk factors into this Form 10-Q. Other additional information
regarding important factors that cause results to differ from those in the
Company's forward looking statements are contained in the Company's periodic
filings with the Securities & Exchange Commission.

ITEM 6--EXHIBITS AND REPORTS ON FORM 8-K

    (a) Exhibits:

       99.1   Certification pursuant to 18 U.S.C. 1350 as adopted pursuant to
              Section 906 of the Sarbanes-Oxley Act of 2002.

       99.2   Certification pursuant to 18 U.S.C. 1350 as adopted pursuant to
              Section 906 of the Sarbanes-Oxley Act of 2002.

    (b) Reports on Form 8-K:

        On May 8, 2002, the Company filed a current report on Form 8-K
    describing a change in its independent auditors.

                                       19
<Page>
                                   SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

<Table>
<S>                                                    <C>  <C>
Date: November 14, 2002                                SOUNDVIEW TECHNOLOGY GROUP, INC.

                                                       By:              /s/ MARK F. LOEHR
                                                            -----------------------------------------
                                                                          Mark F. Loehr
                                                                     CHIEF EXECUTIVE OFFICER

                                                       By:              /s/ GERARD P. MAUS
                                                            -----------------------------------------
                                                                          Gerard P. Maus
                                                                     CHIEF FINANCIAL OFFICER
</Table>

                                       20
<Page>
I, Mark F. Loehr, certify that:

    1.  I have reviewed this amended quarterly report on Form 10-Q/A of
       SoundView Technology Group, Inc.;

    2.  Based on my knowledge, this amended quarterly report does not contain
       any untrue statement of a material fact or omit to state a material fact
       necessary to make the statements made, in light of the circumstances
       under which such statements were made, not misleading with respect to the
       period covered by this amended quarterly report;

    3.  Based on my knowledge, the financial statements, and other financial
       information included in this amended quarterly report, fairly present in
       all material respects the financial condition, results of operations and
       cash flows of the registrant as of, and for, the periods presented in
       this amended quarterly report;

Date: November 14, 2002

<Table>
<S>                                                    <C>  <C>
                                                            /s/ MARK F. LOEHR
                                                            --------------------------------
                                                            Mark F. Loehr
                                                            CHIEF EXECUTIVE OFFICER
</Table>
<Page>
I, Gerard P. Maus, certify that:

    1.  I have reviewed this amended quarterly report on Form 10-Q/A of
       SoundView Technology Group, Inc.;

    2.  Based on my knowledge, this amended quarterly report does not contain
       any untrue statement of a material fact or omit to state a material fact
       necessary to make the statements made, in light of the circumstances
       under which such statements were made, not misleading with respect to the
       period covered by this amended quarterly report;

    3.  Based on my knowledge, the financial statements, and other financial
       information included in this amended quarterly report, fairly present in
       all material respects the financial condition, results of operations and
       cash flows of the registrant as of, and for, the periods presented in
       this amended quarterly report;

Date: November 14, 2002

<Table>
<S>                                                         <C>
                                                            /s/ GERARD P. MAUS
                                                            ---------------------------------
                                                            Gerard P. Maus
                                                            CHIEF FINANCIAL OFFICER
</Table>