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
Jan 11, 2018

Firm that clears through LPL financial

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Plz note: im a CSA with a firm that clears through LPL financial. Csa’s of these types of independent Broker Dealer firms can make a wide range of income depending on how successful the advisors in their group are/ how big their advisor group is/ how much AUM they have, etc.

Cons

The tech they use has a lot of kinks - they switched platforms recently and the new platform really needs to be worked out better

3.0
Jan 1, 2018

Team Lead

Recommend
CEO approval
Business Outlook

Pros

Great campus to enjoy with co-workers Wonderful co-workers which feels like family

Cons

Inadequate management Management are not held accountable Micromanagement

3.0
Dec 27, 2017

Heavy micromanagement, mediocre leadership, high turnover...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits and Routine Time Off policy are decent. Nice campus. Relatively relaxed work space, cafeteria, flexible hours. The ability to work in private choice rooms is nice, as well.

Cons

High manager turnover, mediocre leadership, severe micromanagement. Inconsistent expectations, and poor prioritization and time management skills on part of supervisors. Much of their "busyness" is self - generated as a result of their needing to control every aspect of their direct reports' workflow/ processes. Kind of a "Wild West" scenario where no one really seems to know what's going on, and new "leaders" dismantle prior leaders' initiatives and change things in order to make their own marks before they also leave... causing the whole process to start again: Wash. Rinse. Repeat.

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Glassdoor has 2,442 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.