By Kenneth Corbin

LPL Financial has notched another recruiting win, adding a $2 billion team to its broker-dealer and registered investment advisory platform. Align Private Wealth, based in the Indianapolis suburb of Greenwood, Ind., joins LPL from PNC Private Bank.

The team, composed of advisors Scott Gilliam and Travis Blessing, made the move in the spring, but LPL announced the news on Thursday. PNC declined to comment on the departure.

Align serves high- and ultrahigh-net-worth families, as well as business owners and other retail clients. The team practices a narrow-but-deep approach, purposefully capping the number of clients it serves but providing counsel on a variety of topics, financial and otherwise, according to Gilliam, a Certified Financial Planner.

"Our goal is to build deep, long-term relationships where we truly understand every aspect of our clients' lives -- not just their finances, " he says. "We've intentionally designed our practice to work with a limited number of families so we can be fully embedded in their decision-making, helping them navigate everything from wealth planning to generational transitions."

LPL's advisor population has been fluid lately. The firm remains an active recruiter, but it has also been seeing several substantial teams affiliated with Commonwealth Financial Network, the independent broker-dealer it purchased last year, jump to rival firms such as Raymond James and Kestra Financial.

Align says that it evaluated multiple other firms but opted to move to LPL for the resources and independence it provides advisors.

"Independence is incredibly important to us -- we wanted the ability to build our business entirely around our clients," Blessing says. "LPL's platform gives us the flexibility, technology, and support to do exactly that."

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June 04, 2026 13:56 ET (17:56 GMT)

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