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

Reviews by job title

556 reviews

Reviews about "Compensation"

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5.0
Feb 5, 2014

Great place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Competitive salaries and benefits, focus on growth and development, flexible work schedule, recently changed to casual attire, collaborative environment, strong leadership that is personable and approachable. Value employee feedback and making necessary improvements in the areas of recognition, total rewards, and career development opportunities.

Cons

Total rewards (including benefits package) and career development opportunites. However, these are concerns that are recognized by leadership and they are currently working on improvements in these areas.

4.0
Jan 29, 2014
Recommend
CEO approval
Business Outlook

Pros

Great benefits, annual bonuses and pay increases. Good management team.

Cons

Micromanaging. Pay increases could be more generous. Shouldn't be penalizing employees for 1 min late the same as 45 min late.

3.0
Dec 28, 2013

Low morale. Don't work here if you plan to get securities licensed!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Better than unemployment * Paycheck * Colleges

Cons

Middle management barely knows the business and lack comprehensive knowledge of operation day to day practice. Also, some managers barely know how to construct a complete sentence. Perhaps, they should enroll in the LPL University. The company verbally give recognition but no monetary compensation for delivering best practice for efficiencies. The singular word used most often at LPL is transparency. Please don't ever mention to advisors that offshore processors are in India! We can't be that transparent. Don't expect to get sponsorship to get your securities license if your job or department doesn't require it. The company doesn't pass the cost saving from offshore to reinvest career development.

Viewing 532 - 534 of 556 Reviews

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