LPL Financial reviews

3.4

55% would recommend to a friend

(2,094 total reviews)
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Rich Steinmeier

66% approve of CEO

56% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,094 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
1.0
Dec 18, 2024
Recommend
CEO approval
Business Outlook

Pros

The company offers competitive compensation and benefits. Flexible work options for some roles.

Cons

Leadership Concerns: Senior Vice Presidents (SVPs) and Executive Vice Presidents (EVPs) prioritize personal alliances, fostering a culture of favoritism. Toxic Environment: The EPMO is plagued by "mean girl" cliques, who are protected and rewarded regardless of their divisive and toxic behavior. Favoritism Toward Contractors: Contractors are often treated better than full-time employees, receiving preferential treatment in workload, recognition, and sometimes opportunities. Lack of Transparency: Abrupt layoffs with minimal communication erode trust, leaving employees blindsided. Workplace Politics: Hardworking employees are often overlooked or dismissed, while toxic individuals and contractors aligned with leadership are shielded and rewarded. Erosion of Morale: Promises of stability and fairness from leadership often contradict their actions, creating widespread frustration and dissatisfaction.

2.0
Oct 2, 2024
Recommend
CEO approval
Business Outlook

Pros

Unlimited PTO, decent equipment, valued work/life balance. Very laid back.

Cons

The most mismanaged company I've ever worked for. I had 4 bosses in the 1 year+ I worked there. Their Salesforce instance is barely functional.

Viewing 319 - 321 of 2,094 Reviews

Glassdoor has 2,437 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.