LPL Financial reviews

3.4

56% would recommend to a friend

(2,084 total reviews)
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Rich Steinmeier

67% approve of CEO

57% positive business outlook

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).

Reviews by job title

2K reviews
1.0
Jan 28, 2025

Meat Grinder High Layoffs

Recommend
CEO approval
Business Outlook

Pros

Employee stock purchase plan and benefits

Cons

Decision making is made at the highest levels without input from the teams/leaders doing the work. This leads to whiplash staffing decisions (expand and build a new team… next quarter why are you unprofitable… two quarters later lay off the same or more people). Business units are rotated annually among Managing Directors and executives which means they must spend a year learning the business and then the cycle repeats. Insufficient funding for tools to get the work done or to meet objectives.

2.0
Mar 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Ahead in implementing latest technologies, Product mindset, Flat Org

Cons

Very political, you need to have a godfather from senior leadership or be a magician :). Every Non-technical department is full of toxicity, beaurocracy, internal politics, favoritism

2.0
Feb 2, 2024
Recommend
CEO approval
Business Outlook

Pros

Investment in software for the Advisors

Cons

Focus is laser focused on trying to achieve a specific outcome without investing in the core capabilities to facilitate that outcome. Sr. Management (SVP+) is all about "cult of personality" and self-promotion.

Viewing 109 - 111 of 2,084 Reviews

Glassdoor has 2,427 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.