Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,426 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 56% of employees would recommend working at LPL Financial to a friend and 57% have a positive outlook for the business. The best reviews about LPL Financial have been left by employees working as Internship , Financial Planner and Intern .

Does LPL Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, LPL Financial employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at LPL Financial. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at LPL Financial?

56% of LPL Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated LPL Financial 3.5 out of 5 for work life balance, 3.4 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at LPL Financial?

Financial Advisor (134) , Analyst (46) , Vice President (45) , Manager (33) , Senior Operations Specialist (33) , Assistant Vice President (31) , Intern (31) , Administrative Assistant (29) , Customer Service Representative (29) , Senior Analyst (28) , Service Center Representative (24) , Associate Analyst (23) , Business Analyst (23) , Operations Specialist (22) , Compliance Analyst (21)

What are the pros of working at LPL Financial according to real employee reviews?

"Good benefits and personal development resources" ((in 157 reviews)); "Great People to work with and for" ((in 147 reviews)); "LPL has a Great culture" ((in 110 reviews)); "Good growth potential and work/life balance" ((in 96 reviews)); "Growth opportunities for "some"" ((in 42 reviews))

What are the cons of working at LPL Financial according to real employee reviews?

"Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any." ((in 126 reviews)); "Poor management team that micro manages to much." ((in 93 reviews)); "Some managers have no experience" ((in 47 reviews)); "Senior leadership more interested in self glorification." ((in 46 reviews)); "No training material is provided for new hires that are in supporting roles." ((in 45 reviews))

What are employees saying about LPL Financial layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about LPL Financial layoffs and their outlook for job security at LPL Financial in 2026.

What LPL Financial locations have received the highest employee ratings?

Indianapolis , Philadelphia , Minneapolis , Kansas City , Denver , Austin , Chicago , New York , Boston , Saint Louis

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LPL Financial

LPL Financial reviews

3.4

56% would recommend to a friend

(2,083 total reviews)

Rich Steinmeier

66% approve of CEO

57% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.5

Work/Life balance

3.4

Culture & values

3.3

Career opportunities

3.2

Compensation and benefits

3.0

Senior management

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,083 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

2.0

Aug 21, 2024

Toxic work culture

Vice president

Recommend

CEO approval

Business Outlook

Pros

There are great people and teams at LPL who truly want to solve complex problems, do great work and celebrate one another.

Cons

So many. -Leadership lacks the ability to make good decision and move the work and infrastructure forward to allow for the company to scale. -Leadership lacks commitment and authenticity regarding people and talent initiatives. -Company operates as a startup and creates its own chaos due to lack of standardization of even the basic policies -Lack of courage as leaders and employees operate with a lack of integrity and honesty and continue to pull the wool over the CEO's eyes with regards to ability to execute. -Paralysis analysis with endless power points, frameworks and data lakes that are reviewed endlessly creating slow and painful death by a thousand cuts and inhibits ability for tams to make progress. -Lack of ownership and accountability of senior leadership.

3.0

Jun 22, 2024

Fast-paced, burnout is real, return to office is happening

Avp

Recommend

CEO approval

Business Outlook

Pros

Great for people who like fast-paced Product and Tech environment. LPL frequently seeks feedback from clients and employees.

Cons

No cost-of-living adjustments, so compensation is not keeping up with inflation. New return to office strategy hasn't been officially announced (but it has clearly been decided). This puts even more strain on families who now have to incur additional costs for daycare, etc. HR is disingenuous about decision to make everyone come back to the office.

2.0

Nov 24, 2015

Senior Vice President

Senior vice president

Recommend

CEO approval

Business Outlook

Pros

Good learning and career path opportunities but you have to be opportunistic and able to tolerate a strategy that is "all things to all people", a high degree of ambiguity, and lack of organized and standard processes.

Cons

NOT a people first culture (clients or employees). Employer of choice and client-centricity commitments are lip service when considering actual actions and decision making. It's mainly a self-preservation, short term, profit motivated organization with decision making dominated by the c-suite, little to no distributed empowerment, and a work environment that is very busy but not productive. It's also very political, increasingly so in the past few years.

Viewing 4 - 6 of 2,083 Reviews

Jobs at LPL Financial

Manager, Workplace Experience

VP, Technology Vendor Manager

Supervisory Principal