We present a search for the radiative leptonic decay B^+ → ℓ^+ν_lγ, where ℓ = e, μ, using a data sample of 465 × 10^6 BB(overbar) pairs collected by the BABAR experiment. In this analysis, we fully reconstruct the hadronic decay of one of the B mesons in Υ(4S) → B^+B^- decays, then search for evidence of B^+ → ℓ^+ν_ℓγ in the rest of the event. We observe no significant evidence of signal decays and report model-independent branching fraction upper limits of B(B^+ → e^+ν_eγ) < 17 × 10^(-6), B(B^+ → μ^+ν_μγ) < 24 × 10^(-6), and B(B^+ → ℓ^+ν_ℓγ) < 15.6 × 10^(-6) (ℓ= e or μ), all at the 90% confidence level