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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      55% would recommend to a friend

      (2,096 total reviews)
      avatar

      Rich Steinmeier

      66% approve of CEO

      56% positive business outlook

      Ratings by demographic groups

      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 10, 2016

      Supervision

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Really enjoyed the vast majority of people I worked with, both in the department and throughout the firm. Company has decent benefits.

      Cons

      They change managers like underwear and hire them for technical ability to do the job of the people they manage, not for their ability to lead, provide needed resources or industry guidance. 6 managers in 4.5 years, all the prior managers fired? Last manager has 85% turnover in 8 months. Obviously the issue is with the VPs and SVPs hiring these incompetent managers. Not enough staff to do the work - always the excuse that new hires and technology will fix the problem within 6 months. Per former associates - still the same today.

      1.0
      Aug 9, 2016

      Poor Support

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      NONE that can be found.

      Cons

      Broker support is bad and that is being kind. There are people who either do not care or just do not know the answer. When you call to get an answer, do not expect the correct one. This support has gotten worse in my three years with them. Since the company went public the only thing that matters is profit. Should have gone to a wirehouse would not have been any different. I wish I had never heard of LPL!!!

      4.0
      Jun 23, 2016

      Love my team

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      A lot is always happening Great team environment Opportunities to learn the broker dealer industry and progress within the firm Improving culture San Diego

      Cons

      A lot is always happening People management skills can be spotty Tend to hire externally than promote from within Salary and benefits are below market

      Viewing 397 - 399 of 2,096 Reviews
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      ReviewsLPL Financial 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.