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

Skip to content Skip to footer

Notifications

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

3.0

Dec 24, 2024

Used to be a great company until the new CHRO arrived

Vice president

Recommend

CEO approval

Business Outlook

Pros

Awesome team members, great business opportunities for continued growth, new CEO seems to have the right intent, but he is trusting people who are not giving him the right info or advice.

Cons

New CHRO has created a culture that does not care about people, impossible to dissent, very tactical work, no real pwople strategy, very hard work with zero recognition, compensation is below market, yet the keep cutting: eg. When they run out of things to cut or costs to raise, they most recently eliminated the mobile reimbursement which was already low from prior cuts ( at $20). They assume people will use their own phones, while working very long hours, without any recognition and lousy salary increases that are consistently and significantly below market. Yet, there is such a culture of not speaking truth to power, and the new CHRO is so incompetent and only concerned about self preservation, that no one speaks truth to LT. There are no career growth opportunities. Culture of hiring externally, even though they should have realized by now that that strategy does not work as proven by the number of senior leaders they later turned over the years

1.0

Aug 13, 2024

Employees are now product

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Some of the best teams I've ever worked with. Managers have been very supportive.

Cons

Low pay. Went back on great from anywhere to a mandatory return to office. As a remote employee there will be very few opportunities for advancement as they prefer those in office. Getting rid of great teams to put a bandaid on troubled departments. Reorgs constantly. Upper management lies about the reasons for change. I used to consider this the best place I've ever worked but they have completely destroyed the culture and trust of the company in the last few months.

3.0

Aug 9, 2024

Can no longer recommend as a good company to work for

Senior branch examiner

Recommend

CEO approval

Business Outlook

Pros

Flexibility, opportunity for career mobility and growth, company is steadily growing, the business is interesting,

Cons

The company has always been tight with money, but the growing disconnect between the company's financial success and the declining treatment of it's employees is alarming. Leadership will brag about unprecedented growth and financial success of the company and then in the same meeting announce that the $40/month reimbursement to employees who use their personal cell phones for business is being discontinued. I can no longer confidently say that LPL Financial is a company that sees its employees as valued assets. It's all about the bottom line and reducing costs wherever possible.

Viewing 7 - 9 of 2,083 Reviews

Jobs at LPL Financial

Manager, Workplace Experience

VP, Technology Vendor Manager

Supervisory Principal