Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,427 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 3.6 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) , Service Professional (22)

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

"Good benefits and personal development resources" ((in 162 reviews)); "Great People to work with and for" ((in 148 reviews)); "There is a Great culture" ((in 114 reviews)); "Great work life balance and a hybrid work schedule." ((in 96 reviews)); "Growth opportunities for "some"" ((in 40 reviews))

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

"Low pay and failure to reward performance" ((in 124 reviews)); "Poor management team that micro manages to much." ((in 92 reviews)); "Senior leadership more interested in self glorification." ((in 50 reviews)); "No training whatsoever." ((in 45 reviews)); "Some managers have no experience" ((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 are the top reviewed LPL Financial locations?

San Diego , Fort Mill , Charlotte , Austin , Boston , La Jolla , Tempe , New York , Houston , Chicago , Denver , Rockville , Los Angeles , Kansas City , Saint Louis , Minneapolis , Indianapolis , Colorado Springs , Philadelphia , Rock Hill , Detroit , Dallas , San Francisco , Jersey City , Peoria , Southfield , Grand Rapids , Raleigh , Newport Beach , Las Vegas

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LPL Financial

LPL Financial reviews

3.4

56% would recommend to a friend

(2,084 total reviews)

Rich Steinmeier

67% approve of CEO

57% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.6

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 2,084 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

1.0

May 2, 2013

From a long time LPL vet, awful company to work for. Avoid at all costs.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

You can rise through the ranks of this company with very little expertise (show up and don't make mistakes) and earn a moderate salary. However, even the pay is not consistent with other wall street firms. (See cons below for why) The bar is set very low here.

Cons

LPL pays it's advisors the highest payout in the industry. This is not done through innovation or technology advantages, it's done through cutting regulatory corners, outsourcing critical business functions and paying low wages to everyone from executives to front line staff. (Thus often attracting a lack of expertise in key roles). LPL's customer facing technology is out dated. Management is aloof and the culture is one of blame and never ending crisis. (It's always a crisis for the above reasons, money isn't invested in smart ways and corners are cut across the board)

1.0

Mar 3, 2026

Keep looking

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

You will like most of the people you work with. When they do have holiday parties nice.

Cons

Overworked, very little training, and you get pennies for raises. Working remote is really strict. No growth they will hire from outside, and the layoffs are crazy no job security.

1.0

Dec 18, 2025

The Amazon warehouse of the the financial industry

Financial service representative (fsr)

Recommend

CEO approval

Business Outlook

Pros

Some people in management understand how unreasonable the expectations are, building is nice, and coworkers are cool

Cons

Got confirmation from 2 separate people in leadership that LPL understaffs as a policy. They veiw any time you're not on the phone taking a call as them losing money. You will be overworked, you will be dealing with pissed off callers who have been waiting on hold for over an hour because there are not enough people to handle any spike in call volume. Management's response to this? Cut ACW which is used for note taking and catching your breath between calls. The only concern of management is individual metrics. Is the environment conducive to producing those metrics? Absolutely not. And management doesn't care. They'll dangle their tiny bonus as a form of incentive (it's like $800 per quarter and thats IF your metrics were pristine) This is the first job I've had where I almsot daily contemplate just quitting and going to work fast food/ retail until I can find something else in the industry. It will take a toll on your mental health and it absolutely does not pay enough for it to be worth that. Avoid working here unless you have no other options and even then look at it as temporary.

Viewing 100 - 102 of 2,084 Reviews

Jobs at LPL Financial

Associate Service Consultant

Manager, Workplace Experience

Client Service Associate - Newport News, Virginia

Client Service Associate - Newport News, Virginia