LPL Financial reviews

3.4

56% would recommend to a friend

(556 total reviews)
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Rich Steinmeier

65% approve of CEO

57% positive business outlook

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556 reviews

Reviews about "Compensation"

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4.0
Mar 2, 2015

Great Place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

amazing building and amenities, including gym, Starbucks, health clinic and massages! Wonderful co-workers. People really do care about what they do for our reps and each other.

Cons

Very limited opportunity for mobility and promotions bring a salary offer that is an insult; but, unless you want to leave the industry you are held captive because there aren't too many other places to go in San Diego with securities licenses.

3.0
Feb 23, 2015

Like all places... good and bad.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

All of my bosses have been good about flexible schedules in regards unexpected events or family emergencies. Work life balance is very manageable. Yes there are bad days where you need to put in 10+ hours but there are also the days where you leave early because it is slow. Moving up isn't that hard if you are smart and work hard. There is a lot of legacy thinking at the firm that makes it easy to shine.

Cons

Salary has nothing to do with your talent or value you bring to the firm. Some areas are loaded with AVPs and VPs who all get 100K plus for doing nothing while there are others who are actually running the ship get peanuts. Get in with the right areas and it is a cake walk with little to no responsibility. Very little tuition assistance (3K per year). To compare, Commonwealth and US bank do 5K each.

4.0
Feb 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Ownership over work, work-life balance and time-off policies.

Cons

Salary and mobility is a little restricted, no real career growth here, mostly lateral moves to different departments. Company does not manage their expenses/fines well and in turn their employees must bear the burden

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