LPL Financial, a subsidiary of LPL Investment Holdings, has added wealth management firm, The Botsford Group, to its platform.

The Botsford Group has $560 million in brokerage and advisory assets and is led by chief executive, Erin Botsford. The team also comprises seven wealth advisors, six enhanced service advisors and three special services associates.

Botsford said in a statement she has observed a “surge of inbound prospective client inquiries from households,” reflecting “record-high anxieties among Americans on whether they will outlive their money".

Going forward, the group will provide access to fee-based services to clients as investment advisory representatives, under the LPL Financial corporate registered investment advisor, and commission-based services via the LPL’s broker-dealer structure.

LPL Financial and its affiliates have approximately 2,700 employees with headquarters in Boston, MA, Charlotte, NC, and San Diego, CA.  

The Botsford Group was founded in 1989 and has offices in Frisco, TX and Atlanta, GA.