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
Aug 21, 2020
Recommend
CEO approval
Business Outlook

Pros

If your background is Finance you can gain some valuable experience here and quite possibly advance if the stars align properly. The company is doing quite well for the pandemic. They are well led and make good decisions overall. Very unique business model. The people are nice and there is not a lot of closed doors when reaching out for information across departmental lines. Basically, not a lot of snobbery.

Cons

Tends to be a lot of micromanagement in their culture. Have found they add layers and layers of mgmt they sometimes fundamentally do not need in some areas. Every other person you come in contact with there is an Assistant Vice-President. So some of these managers with direct reports have little to do but hover over you. They need busy work for themselves to prove something so you find yourself conducting work that is irrelevant to anything. Appears to me they could streamline a lot of this. Also since they hire 4 people to change one light bulb sometimes you may find yourself stuck doing some tedious and uninteresting work. Also some classic cases of the left hand not knowing what the right hand is doing...and all in one department! Again, possibly a result of the lightbulb scenario.

Viewing 364 - 366 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.