LPL Financial reviews

3.4

57% would recommend to a friend

(556 total reviews)
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Rich Steinmeier

65% approve of CEO

58% positive business outlook

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556 reviews

Reviews about "Compensation"

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1.0
Oct 6, 2025
Recommend
CEO approval
Business Outlook

Pros

If you are a recent graduate interested in the financial advising industry this will be a great place to start. The licensing program that gives you 6 months of paid study. Pay is low to average. Firm benefits are solid.

Cons

- Weak leadership that never plans all the way through forcing them to blame advisors for their poor planning. - You will get the run around to every question you have - Many colleagues feel misled from the conversation and expectations that were set during their interview - Upward mobility is low, they higher primarily from outside - You will not learn how to be a true financial advisor. You will only learn sales since you will push a certain product/platform - No long-term career path past senior advisor (senior advisor can be attained as soon as 12 months from passing your licensing exams) - You will feel like you’re only a number, as your direct manager and upper management are more concerned about your quarterly production versus your personal growth.

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