LPL Financial reviews

3.4

55% would recommend to a friend

(2,096 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 2,096 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
4.0
Jul 17, 2023
Recommend
CEO approval
Business Outlook

Pros

Benefits Pto Good money Bonuses

Cons

It does take time to get promoted Some managers micro manage You need to make connections Pay could be higher QA is not fair and grades terrible on your calls.

2.0
Jul 6, 2023
Recommend
CEO approval
Business Outlook

Pros

I was an employee here for a very long time and held several positions in different departments (including a leadership position). The only positive: I made some long lasting friendships and created a professional network over the years which helped me get to the career I have now at a different company. Oh yeah, they have an awesome gym, coffee shop, game room and hold events for their employees, but if you can’t leave your desk, you can’t enjoy the amenities. Great benefits.

Cons

Low pay!!! LPL starts their new hires at the lowest pay possible especially in Service/Ops area. Low $ wages = low $ bonuses = lower $ promotions. Other departments with larger budgets pay more, but Service is not one of them. If you are a hard-working employee and want to leave Service/interview for another role, the mangers talk to one another and no matter how qualified you are for the role, they will block you from leaving the department to keep you there and keep their numbers up. They do not value their employees (even employees with extensive tribal knowledge). Everyone is just a number and you’re all disposable when the time is right for the company. Micro-management is definitely a thing (starts from the top of the ladder). This place will suck the soul out of you. I wish I did not stay as long as I did. I experienced several forms of harassment from management when I first started and didn’t realize that it was happening. I left LPL for a company where I feel valued for my hard work and work ethic. My advice for anyone who wants to grow in their career: there are other companies out there. If you decide to work at LPL, only make it a temporary thing.

2.0
Jul 5, 2023

Decent Company

Recommend
CEO approval
Business Outlook

Pros

Work from home. Very busy.

Cons

Management was not that great and discriminatory.

Viewing 343 - 345 of 2,096 Reviews

Glassdoor has 2,439 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.