4.0
Mar 2, 2009
Former employee
Boston, MA
Recommend
CEO approval
Business Outlook
Pros
LPL is a growth company among their peer group. They have experience 3 times growth over the last 3 years and should continue to grow following the 2009 recession. LPL as a firm is positioned to grow their independent model and RIA model by focusing their efforts on the recruitment of this space in 2009 and beyond.
Cons
With the expansive growth over the last few years LPL has experienced the normal output from Mergers and Aquisitions. The rapid growth has required fast paced hiring practices in the 2007 and 2008 timeframes which has resulted in low employe tenure and training issues.