LPL Financial reviews

3.4

56% would recommend to a friend

(2,096 total reviews)
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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
Aug 20, 2014
Recommend
CEO approval
Business Outlook

Pros

Product offerings are diverse and not exclusive so can compete easily. People and software help you to select a fitting product for the client.

Cons

CPAs need to issue engagement letters and LPL will not approve them as they can conflict with LPL account agreements. The commissions by client are understated for life insurance, making it difficult to disclose an accurate total commission to the client, another CPA requirement.

2.0
Feb 11, 2014

Great people, lifetime friends (hopefully)

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The opportunity to learn new forms within other dept.'s, to help them during their peak seasons. Learning something new always makes the day go by faster and more interesting. I enjoyed being placed on different projects.

Cons

They are going through their second outsourcing I believe. Salary is not competitive. I often heard of people leaving there to go get paid more, doing less work. I saw people who made more mistakes than I, but still managed to keep their jobs. But, I hear this happens everywhere.

1.0
Jul 31, 2013

stressful

Recommend
CEO approval
Business Outlook

Pros

none, this is a very bad company, I would NEVER PUT MY MONEY THERE

Cons

bullies, angry individuals, very disorganized and incompetent

Viewing 415 - 417 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.