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
Aug 23, 2025

Going Downhill Fast.

Recommend
CEO approval
Business Outlook

Pros

- The people you work alongside are the only real positive. Many coworkers are talented, supportive, and genuinely good to collaborate with.

Cons

- A “this is how we’ve always done it” mentality that discourages innovation - Noticeable decline in culture and overall direction since the CEO change - Decisions consistently prioritize shareholders over employees - Very limited career growth opportunities - Minimal benefits compared to industry standards - Outdated technology stack that slows progress - Workloads that are often unrealistic and unsustainable - Increasing push for more in-office days, reducing flexibility - Extremely low bonus of only 1%, given in lieu of raises

2.0
Aug 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Salary is decent depending on position. Traveling with all expenses paid without issues. Contributions to changes and enhancements. Opportunity to meet different people in various job roles and functions

Cons

There are serious cliques and if you are not part of it you are ostracized and will never move up or be promoted. No real training. You are left to figure it out alone. Have separate processes and procedures for different employees. Also has too many systems to find anything. Changes are made without notification. This company Does not necessarily follow the Finra rules and regulations. Compliance is not important. Most of the managers are not licensed but supervise those that are. They do not follow their own code of conduct and turn a blind eye on injustices depending on who it's against. They are aware of horrible and toxic environment but will banish anyone who brings it to light. This was the worse company to work for.

Viewing 49 - 51 of 556 Reviews

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