LPL Financial Adds Three Adviser Teams Managing $565 Million

Three financial adviser teams managing approximately $565 million in combined client assets have joined LPL Financial’s broker-dealer and registered investment adviser platform, the firm announced this month.

The largest of the three transitions is Allegia Wealth Management, launched by Darren Colananni, who reported serving approximately $230 million in advisory, brokerage, and retirement plan assets. Colananni joins LPL from Centurion Wealth Management and is based outside Washington, D.C. His practice serves high-net-worth individuals and families. He said he selected LPL for its technology capabilities and its approach to supporting advisers.

In Spring Hill, Tenn., Les Smith founded Smith Complete Wealth and reported bringing approximately $185 million in assets to the platform. Smith joins from Edward Jones and focuses on pre- and post-retirement clients. He cited LPL’s technology, autonomy, and flexibility in tax and estate planning as factors in his decision.

Fortress Financial Planning, based in the Detroit metro area, also joined the platform. Advisers Bassem Moez and James Darden reported serving approximately $150 million in assets and join LPL from MassMutual. The team serves pre-retirees, retirees, and professionals including physicians and business owners. Moez previously was affiliated with LPL for eight years.

Asset figures are self-reported and include advisory, brokerage, and retirement plan assets.

Also in June, advisers Scott Gilliam and Travis Blessing launched Align Private Wealth, an independent practice affiliated with LPL Financial’s broker-dealer and registered investment adviser platform. The Greenwood, Ind.-based team reported serving approximately $2 billion in client assets as of year-end 2025, and joined LPL from PNC Private Bank.

LPL Financial (Nasdaq: LPLA) custodies approximately $2.3 trillion in brokerage and advisory assets and serves more than 32,000 financial advisers.

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