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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1.0
Jul 10, 2025
Recommend
CEO approval
Business Outlook

Pros

Not hard to get hired here because of turn over rate Only 1 day in office

Cons

HEAVY on micromanaging so be prepared to be watched like a hawk Big on favoritism for higher roles and promotions Training is wayyyyyy too short and they will throw you to the wolves with very little help Too many very minor mess ups, even early on, and they will fire you Hire management that has no idea how to actually help you in your role New CEO has completely shifted everything and now a horrible company to work for Do not pay enough for the amount of work they put you through, will be given multiple extra task over and over with no extra pay

2.0
Jun 21, 2025

The company breaks promises

Recommend
CEO approval
Business Outlook

Pros

Decent benefits and usually has management that will be flexible. Plenty of opportunities to learn.

Cons

First, they will pay you less than market and tell you that it's because they offer a top notch employee experience to make up for it. That was once the case, but not anymore. It was a great place to work. They had a "Be Great From Anywhere" policy that allowed everyone to work from home. They even let people move out of footprint and started hiring from out of footprint. Things took a turn around the time there was a leadership change. They called everyone back to the office and told remote workers they weren't sure what would happen to them, but we'd hear more during Q1 of 2025. Employees in the office were required to be there 3 days per week, but if you're sick on any of those days, you're forced to take PTO instead of simply working from home. Q1 came and went without a word. I wasn't comfortable with the possibility of being forced to move into footprint so I started looking elsewhere. I got a job offer and went to my management with it. I told them I wouldn't leave if I could be assured that my remote status was not under threat. I was given assurance by the SVP over my group that all remote workers (my department has many) were safe. This was in April. June rolled around and there was a "reorganization" and people were laid off. With that reorganization came the message to every remote employee that we had to move to Fort Mill, SC or Tempe, AZ by December 31st or leave with 2 weeks of severance per year served at the company. They say employees are their best asset, but this is what you can expect. Smile in your face but stab you in the back. You can do everything the right way and be a hard worker, but it means nothing. My position is not going away. I'm not being laid off. I'm being forced to move back without any offer of relocation assistance because of a "company decision" (that's reason I was given). I did everything by the book to go remote. I had all the necessary approvals. My team is being gutted because we have so many remote people.

4.0
Jun 12, 2025

Great job

Recommend
CEO approval
Business Outlook

Pros

Loved learning and working remote. Loved the employee stock purchase plan benefit.

Cons

As a lower level staff bonuses are small.

Viewing 58 - 60 of 556 Reviews

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