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
2.0
Jul 27, 2011
Recommend
CEO approval
Business Outlook

Pros

One of the few large companies in San Diego, this is price you have to pay to stay in sunny SD. They pay reasonably well when compared to others in the area. Benefits are ok but not great. Soda machines are $0.25, thats really the only extra you get. Very fast paced, which has a lot of pros and many cons, the pros are that you will never get bored as work is always coming, everyday something new comes up, from the moment you walk in the door in the morning until you leave in the evening you will have something to do and usually running around. (see below for the cons)

Cons

Its a large company with way too many managers and not enough people actually doing the work. A lot of meetings and not enough action. No cafeteria on site or any lunch places walking distance, also the coffee stinks. Because its fast paced you don't really have time to think clearly on things, process improvement is talked about but its really hard to implement with the little free time you have, its hard to get actual work done since you are running at 100 miles an hour in between meetings.

1.0
Oct 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Friendly atmostphere, Great office location

Cons

If you are female or a minority...this is the place to work and get promoted quickly. I have seen numerous highly qualified white males passed over for promotion and newly hired females (black, hispanic etc) be placed in positions of responsibility for which they then have to be trained by those same passed over white males. I have seen instances where a young white male leaves the company on good terms and is not hired back, but a young white woman leaves for a rival b/d and then comes back only to be promoted to a senior management. Senior management has said (off the record) that while they are aware of areas that we should improve our compliance oversight (of our 11,000 plus financial advisors), they won't do so until FINRA or the SEC fines us.

Viewing 424 - 426 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.