LPL Financial reviews

3.4

56% would recommend to a friend

(2,098 total reviews)
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Rich Steinmeier

66% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,098 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
4.0
Oct 4, 2018
Recommend
CEO approval
Business Outlook

Pros

I worked with some fantastic committed people. New CEO Dan Arnold seems to have a better understanding of what needs to be done.

Cons

Rapid growth of LPL's advisors and so many regulatory changes and new technology systems made it difficult to train new people fast enough so we were always apologizing to the reps for not being able to do our job as well as we would have liked to.

1.0
Oct 2, 2018
Recommend
CEO approval
Business Outlook

Pros

Large company with self clearing platform and many selling agreeements and resources

Cons

Poor communication with supervisory compliance groups and lack of response to inquiries to tech support team, 360 service team has long telephone hold times and accuracy of information given to Advisors inconsistent, technology shutdowns are frequent esp on weekends so difficult without system access to conduct client meetings efficiently outside of the normal business hour window. Company has experienced many service breaks since recent NPH Advisor acquisition and change to new platform. Firm has recently lost large hybrid RIA OSJs to competitors. Do not feel valued as an affiliated independent Advisor.

Viewing 1507 - 1509 of 2,098 Reviews

Glassdoor has 2,443 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.