LPL Financial reviews

3.4

56% would recommend to a friend

(555 total reviews)
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Rich Steinmeier

65% approve of CEO

57% positive business outlook

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555 reviews

Reviews about "Compensation"

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2.0
May 13, 2026
Recommend
CEO approval
Business Outlook

Pros

-For awhile, LPL's outlook as a financial services has been pretty good (a little less so more recently). -The name is recognizable in the industry and has some innovative ideas which make it attractive to advisors. -Strong 401k match, occasional bonuses.

Cons

-Return to office push. -Ancient and outdated technology. -Compliance and red-tape make everything ridiculously hard to implement. -Higher-level leadership (especially in Marketing Solutions) is very out of touch with how to evolve the business to stay relevant. -Pay is below market value. -It seems extensive layoffs happen every couple months without any notice. You never know who is next and how it will impact your team/direct line of leadership.

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