Phillip Roy Financial Services Inc. says it will be adding a dozen U.S. offices over the next year.

Some of the first new offices will open in southern California, Chicago and Charlotte, N.C., according to Phillip Roy, Sarasota, Fla., a retirement-income planning firm.

Phillip Roy eventually hopes to have more than 50 offices, the firm says.

Phillip Roy reports that it recently added more than 600 agents and representatives to its staff and expects to hire another 400 by year end.