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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,088 total reviews)
      avatar

      Rich Steinmeier

      67% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,088 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
      Dec 9, 2015

      Its's a job...definitely not a career

      Operations specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great health benefits; getting time off is pretty easy; schedule is flexible for before/after work activities; new building amenities are great (guess our low salary pays for a great building)

      Cons

      Salary is extremely low ($1.50 total increase after working here five+ years); only way to get promoted is by who you know, not what you know; hard work is not recognized; all the jobs are moving to Charlotte (where the cost of living is a lot cheaper) or to India

      2.0
      Oct 29, 2015

      VP

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      LPL's business model is unique, favoring independent financial advice over proprietary products and services. The pay is competitive for the industry and location.

      Cons

      LPL suffers from outdated management practices, frequent regulatory violations, and plummeting advisor satisfaction. Overall vision and strategy is sound but the company falls flat on execution.

      1.0
      Sep 30, 2015

      Good learning experience. Company is disorganized and needs direction. Employees need more support.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Colleagues are outgoing. There are many problems that need fixing, so there are unlimited opportunities to build your resume.

      Cons

      The company runs on Access databases and a poorly designed network of software. Reporting is substandard and the company is consistently hit with large compliance fines. Workflows are uncoordinated between departments, leading to highly inflated overhead. Work and life balance is poor, compensation is below average, and opportunities for career advancement are limited.

      Viewing 121 - 123 of 2,088 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,431 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.