LPL Financial announced that it has lured The Botsford Group, a regional advisory firm, to its wealth management platform, the company announced.

The Botsford Group, which is comprised of seven wealth advisors with offices in Frisco, Texas, Atlanta, and Princeton, N.J., manages more than $560 million in client assets through both brokerage and advisory business. It will provide access to fee-based services to clients as investment advisory representatives under the LPL Financial corporate RIA, the firm said in a statement. It will offer commission-based services through the LPL Financial broker-dealer structure.

The firm specializes in asset protection strategies, and manages clients’ investing through its proprietary approach called Lifestyle Driven Investing.

Erin Botsford, CEO of The Botsford Group, has been named to Barron’s Top 100 Women Financial Advisors in 2008, 2009 and 2010, and the Barron’s Top 100 Independent Financial Advisors in 2008 and 2009. 

“We are honored that this leading comprehensive wealth management firm has chosen to partner with us,” says Derek Bruton, managing director and national sales manager for LPL Financial. “We look forward to utilizing our industry-leading resources, scale and services to help drive the firm’s ongoing growth and success.”