Ameriprise headquarters in Minneapolis (Credit: Ameriprise)

Ameriprise Financial has recruited Voyage Financial Group, a Lisle, Illinois-based wealth management practice with almost $500 million in client assets that spent the past 14 years with LPL Financial.

The nine-member Voyage team  which recently joined the franchise channel of Ameriprise  is led by co-founders and private wealth advisors Tom Royce, who has been in the business for 25 years, and Mike Chong, who has 20 years of industry experience. It works with 850 client households.

“We evaluated how we’re doing business amid the significant changes in the industry   which were only accelerated due to the pandemic  and realized we needed to make a change in order to have the resources and support we need to reach our practice goals,” Royce explained in a statement.

“We [also] see big opportunities in the marketplace to purchase other wealth management practices,” he said. “We chose Ameriprise because we were convinced that their high-touch, dedicated practice acquisition support team can help us take advantage of the opportunities without disrupting the exemplary service we provide to our clients every day.”

The Voyage team includes financial advisor Ryan Dragstrem, who has been a registered rep for 15 years; partner and registered operations leader Amber O’Brien; marketing manager Gene Younker; client service manager Kimberly Davis; director of communications Mike Kuhlin; administrative assistant and paraplanner Mike Holbrook; and paraplanner Karl Beck.