Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,426 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 56% of employees would recommend working at LPL Financial to a friend and 57% have a positive outlook for the business. The best reviews about LPL Financial have been left by employees working as Internship , Financial Planner and Intern .

Does LPL Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, LPL Financial employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at LPL Financial. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at LPL Financial?

56% of LPL Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated LPL Financial 3.5 out of 5 for work life balance, 3.4 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at LPL Financial?

Financial Advisor (134) , Analyst (46) , Vice President (45) , Manager (33) , Senior Operations Specialist (33) , Assistant Vice President (31) , Intern (31) , Administrative Assistant (29) , Customer Service Representative (29) , Senior Analyst (28) , Service Center Representative (24) , Associate Analyst (23) , Business Analyst (23) , Operations Specialist (22) , Compliance Analyst (21)

What are the pros of working at LPL Financial according to real employee reviews?

"Good benefits and pension plans" ((in 153 reviews)); "Great People to work with and for" ((in 145 reviews)); "There is a Great culture" ((in 108 reviews)); "Good growth potential and work/life balance" ((in 96 reviews)); "Growth opportunities for "some"" ((in 48 reviews))

What are the cons of working at LPL Financial according to real employee reviews?

"Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any." ((in 128 reviews)); "Poor management team that micro manages to much." ((in 96 reviews)); "Senior leadership more interested in self glorification." ((in 46 reviews)); "Some managers have no experience" ((in 46 reviews)); "Low salary based on my peers recent job offers in similar fields" ((in 44 reviews))

What are employees saying about LPL Financial layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about LPL Financial layoffs and their outlook for job security at LPL Financial in 2026.

What are the top reviewed LPL Financial locations?

San Diego , Fort Mill , Charlotte , Austin , Boston , La Jolla , Tempe , New York , Houston , Chicago , Denver , Rockville , Los Angeles , Kansas City , Saint Louis , Minneapolis , Indianapolis , Colorado Springs , Philadelphia , Rock Hill , Detroit , Dallas , San Francisco , Jersey City , Peoria , Southfield , Grand Rapids , Raleigh , Newport Beach , Las Vegas

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LPL Financial

LPL Financial reviews

3.4

56% would recommend to a friend

(2,083 total reviews)

Rich Steinmeier

66% approve of CEO

57% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.5

Work/Life balance

3.4

Culture & values

3.3

Career opportunities

3.2

Compensation and benefits

3.0

Senior management

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

1.0

Jul 15, 2024

Unable to trust

Customer service specialist

Recommend

CEO approval

Business Outlook

Pros

Good benefits and pension plans

Cons

Work great from anywhere was ripped from all employees with limited time to adjust and any exceptions are automatically denied with no fair reason even though all were told to submit your reasons for delay. Pay does not match cost of living percentage you get per year is terrible for all the work you do.

1.0

Nov 3, 2022

Extremely Political and Slow Moving

Svp technology

Recommend

CEO approval

Business Outlook

Pros

LPL as a company is strong, growing and clearly experiencing a lot of success. There are many people within the company that are trying hard to make a difference and have nothing but good intentions. The teams I have worked with our amazing and despite all the internal challenges have delivered over and over again.

Cons

LPL has brought in a number of individuals over the last few years in the technology executive team that spend more time focusing on mastering politics and projecting success than the core mission and delivering results. They started in to the organization with preconceived judgments on individuals and never put in the time to truly learn and ultimately help with transformation. Many of them spread rumors and lack integrity to have a candid honest conversation with the individuals they disparage. Despite seeing through the façade, everyone that is focused on getting work done and keeping the lights on continue to do so. These individuals are impressive and represent LPLs biggest asset.

1.0

Jun 29, 2022

Two-Face Culture, Low Pay, Long Hours

Finance manager

Recommend

CEO approval

Business Outlook

Pros

- Will hire externally or internally for front office finance type roles without the typical ivy education / bulge bracket experience - Encourages internal mobility - Pre-pandemic, lots of great young professionals to grow your network - Lots of work to pick up and gain experience

Cons

- The company values etiquette over results - The level of detail on PowerPoint slides that middle and upper management want is pathetic. If your VP or under, be prepared to spend long nights doing insignificant PowerPoint edits - SVP+ act like they are more important than they are (Not all but most) - Lots of Inexperienced managers that tend to be indirect and micromanage - High employee turnover especially in finance. Personable/smart people leave - Company will tell you rapid-growth and pay is “at market” but really this means you will work more for flat pay - Promotion pay is laughable for the effort it will take to earn it - The company is viewed as a low tier financial firm to front office finance professionals Advice: Use LPL as a stepping-stone, cherish the time with your manager if he/she is good, and pay close attention to the management turnover

Viewing 34 - 36 of 2,083 Reviews

Jobs at LPL Financial

Manager, Workplace Experience

Associate Analyst, Operations

Client Service Associate - Newport News, Virginia

VP, Technology Vendor Manager