LPL Financial reviews

3.4

56% would recommend to a friend

(2,099 total reviews)
avatar

Rich Steinmeier

65% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,099 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
Aug 23, 2021
Recommend
CEO approval
Business Outlook

Pros

Opportunities to learn within a successful financial firm Friendly teams and training

Cons

Expectations around the breadth of information, time metrics, and quality follow-ups is unreasonable. Many service center employees burnt out and reluctant to give help/take responsibility FAs are extremely frustrated with LPL policy and overall service quality, and reflect that chip on the shoulder on a significant portion of calls

4.0
Aug 12, 2021
Recommend
CEO approval
Business Outlook

Pros

Fantastic people to work with. Great company values and mission statement Highly profitable

Cons

Compensation is on the lower end for most positions which creates a tough time for the company to bring in top talent. Lots of turn-over in key positions creates inefficiency, drops team moral and fosters a culture of disdain.

5.0
Aug 12, 2021

On the up

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

LPL had traditionally been a lower-cost affiliation option for financial advisors. With a lower cost option was a lower cost care model. With technology and scalability LPL is combatting past perceptions and really delivering. It’s a fun time to be in a company that is improving year over year.

Cons

It’s a huge company and can be tough to move up or stand out. One of the only places to work in financial services in SD, so if you want to leave for a competitor, get ready to move.

Viewing 577 - 579 of 2,099 Reviews

Glassdoor has 2,444 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.