LPL Financial reviews

Where to begin? Leaders ruling with iron fist, creating fear and mistrust. CEO has no clue how poor of a job his direct reports are doing (because he never asks!). Repeated compensation and territory changes every single year, sometimes twice a year, and never benefits employees/recruiters. Benefits were good, but then they changed HMO to Kaiser which has about 2 urgent care facilities in the entire county. Not good.

There has been too much restructuring, it never ends. Living everyday in fear of a job loss from restructuring is no way to live. The final straw was the most recent announcement of a MASSIVE cut to our benefits. The CEO and whomever else involved in this decision REEMED every employee who works here with cost cutting, starting with Health Insurance. LPL has lost all faith and has underestimated their associates. I took my daughter in to the doctor on the new insurance plan, my copay was $450! That is ONLY the copay! It used to be $50! And this is not even a high dedictible plan people! PLUS the monthly costs of our insurance went through the roof. This was a SLAP in the face from what should be a responsible company. Not a way to treat associates. No one with talent will stay here. If youre an independent advisor, take your book of businees somewhere else! There is no one of value to support you here! If youre an associate, or considering working here, RUN! Other companies have INTEGRITY, and understand PEOPLE MATTER, LPL DOES NOT HAVE VALUES ANYMORE!