LPL Financial reviews

3.4

56% would recommend to a friend

(2,096 total reviews)
avatar

Rich Steinmeier

66% approve of CEO

57% 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 1, 2015
Recommend
CEO approval
Business Outlook

Pros

Great amenities, work/life balance in the right department.

Cons

Extremely regulated industry, makes it challenging for company to profit. However, bad choices were made by senior management which did not position the company well to deal with the problems. A lot of turnover with senior execs the past two years. Probably due to the regulatory issues and diving customer service

2.0
May 18, 2015

Eh...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ok Place to work if you are comfortable following.

Cons

Difficult place to show leadership with territorial battles occurring all the time.

3.0
Feb 23, 2015

Like all places... good and bad.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

All of my bosses have been good about flexible schedules in regards unexpected events or family emergencies. Work life balance is very manageable. Yes there are bad days where you need to put in 10+ hours but there are also the days where you leave early because it is slow. Moving up isn't that hard if you are smart and work hard. There is a lot of legacy thinking at the firm that makes it easy to shine.

Cons

Salary has nothing to do with your talent or value you bring to the firm. Some areas are loaded with AVPs and VPs who all get 100K plus for doing nothing while there are others who are actually running the ship get peanuts. Get in with the right areas and it is a cake walk with little to no responsibility. Very little tuition assistance (3K per year). To compare, Commonwealth and US bank do 5K each.

Viewing 406 - 408 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.