LPL Financial reviews

3.4

56% would recommend to a friend

(2,083 total reviews)
avatar

Rich Steinmeier

66% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,083 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LPL Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
2.0
Jun 13, 2018

Zombies, sadness, weirdness

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The offices are fine - have air-conditioning. They pay you on-time. Cafeteria food is ok and reasonably priced. Elevators work.

Cons

Terrible energy. The place is super weird. People generally don’t talk to eachother much. Middle managers have their little club, but don’t really do anything. It’s the worst place I’ve ever worked. There’s no shared vision or collaboration, just a bunch of tools all trying to make VP or whatever. Culture there is terrible or non-existent.

1.0
Aug 7, 2016

Hire To Fire

Recommend
CEO approval
Business Outlook

Pros

Very Quick hiring and there lies the Catch. Most of the jobs have been outsourced. So you never know when you will lose your job.

Cons

They fire employees as quickly as they hire. There is no steady HR policy. Low level employees in other Companies are brought in to high level managerial positions. Very corrupt top leadership. As the top level changes every 6 months they fire the subordinates under them and bring their friends from their previous place of employment. You never know when you will be fired. Very unreliable employer.

2.0
May 14, 2015
Recommend
CEO approval
Business Outlook

Pros

Nice facilities, nice gym, opportunities to move around in the company with the appropriate timing/networking/etc...

Cons

New management has significantly turned the department around. But with good things come sacrifices. Management as well as a lot of the Internal Audit staff are ex-Big 4. Even though most of us left to get a work/life balance, to get more exposure to different business areas, less happy hours, it seems thats where management wants to take this department. Work/life seems to be a joke. If you're not working 45+ hours, you're not working. Working remotely has become next to impossible b/c of how management "perceives" working from home. Most of the department are single late 20's, early 30's who want to work 50+ hour weeks. If you have a family and value a work/life balance, you have two options: 1.) don't work in Internal Audit or 2.) understand that when you leave at 4-5pm, it'll be either frowned upon or conversations will happen behind your back. Due to cost savings, a ton of LPLs IT department has been transitioned off-shore and most positions are being recruited for in Charlotte, NC (where the wages and cost of living is a lot lower than San Diego). There is constant turnover of staff, not only in Internal Audit, but also throughout the organization. Many times upper management leaves without even providing two-week notice (e.g., ex president of LPL).

Viewing 28 - 30 of 2,083 Reviews

Glassdoor has 2,426 LPL Financial reviews submitted anonymously by LPL Financial employees. Read employee reviews and ratings on Glassdoor to decide if LPL Financial is right for you.