LPL Financial reviews

3.4

56% would recommend to a friend

(2,099 total reviews)
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Rich Steinmeier

65% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,099 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
May 28, 2019
Recommend
CEO approval
Business Outlook

Pros

I thoroughly enjoyed this position when I began my career path with LPL. I had high hopes and fully intended to make a career within this company by becoming an expert in my field and thriving within the legal department. I thought I had an opportunity to do so and did meet a number of professionals along the way that were a pleasure to work with and would have helped any of their colleagues achieve their desired goals. Morale was great and the team that I worked with was friendly and effective. A number of us, past and current colleagues, still keep in touch. This was a family. Once the leadership of the company began to change all of the aspirations I had and the culture of the company were suddenly no more.

Cons

Leadership of all levels are oblivious as to how to treat their employees or run said departments. A company that once looked to their employees for feedback no longer cares for their opinions or the value they add to the company. Senior management has taken a position to harass and bully employees forcing many to seek new employment. The toxicity and hostility of the environment has forced other former colleagues to quit without securing employment elsewhere when the environment has become unbearable. You are honestly left with the decision of choosing between a paycheck or your mental and emotional health - I took the first position I was offered outside of the company as well as a pay cut because I could not handle the hostility of the department I was working in or the ineptitude of Senior and Executive Management. Senior management has tormented colleagues both publicly and privately among immediate colleagues and colleagues outside of the department. Numerous pleas to HR and employee relations have gone unanswered or ignored. Apparently all you need to do is have a connection with an executive to destroy the morale in department without consequence.

1.0
May 23, 2019
Recommend
CEO approval
Business Outlook

Pros

Quick Hiring Decision Good company if you are a high caste Indian brahmin

Cons

Leaders without Technology Knowledge Job is very unstable no one knows when you will be fired next. The company is purely dependent on Stock Market performance you can read the stock's performance on the face of the LPL leaders in the corridor Frozen Human Resources Leadership-Powerless has no inputs in firing decisions.

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Glassdoor has 2,444 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.