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
3.0
Jun 3, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits and overtime isn’t required (unless you’re on a call that runs over your clock out time unfortunately cause this is very much a call center position). The benefits are the only reason for my stars honestly

Cons

Wow where do I begin. Burn out will absolutely happen especially with the amount of unprofessional advisors you have conversations with all while keeping a smile on your face cause QA will come after you otherwise. I will add that they are ~trying~ with their new system where you can report unprofessional advisors (which already says a lot) but believe me they are swayed in favor of advisors and it has to go to everyone’s supervisor before they even care about it. Let’s talk about QA though, the metrics are endless and they will nitpick until the cows come home. Moving on to the training. It will be rushed and you will be held responsible for knowing all of the information by unreasonable and inpatient advisors. You will be thrown to wolves essentially. This will not bode well for you, the advisors, or the tenured folks in service (if they’re still there). I’ll end here but there’s plenty of opportunities for improvement here.

1.0
May 4, 2022

Good luck getting a good manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation is good and benefits are good (think of it as hazard pay). There are some good managers (and a lot of bad managers).

Cons

There are many bad managers. The company advertises meaningful core values but most managers do not actually practice these values.

2.0
Mar 21, 2022

Sales

Recommend
CEO approval
Business Outlook

Pros

Well known company with a good reputation

Cons

Insurance team is not well ran. I lot of turn over with upper management not sure how to run an insurance agency.

Viewing 358 - 360 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.