LPL Financial reviews

3.4

56% would recommend to a friend

(2,090 total reviews)
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Rich Steinmeier

67% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,090 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
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.

1.0
Jun 12, 2017

AVP - Marketing Regulatory Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits and flexibility. I worked for a great team for the first 2 years of my time at LPL, then management changed. If you get in with a great team and managers, LPL is a great place to work.

Cons

New management of dept has no legal or chief compliance officer experience and are severely lacking in subject matter expertise required for their roles. Years of experience, in their opinion, can be taught in 2 months as they hire people who have never worked in a specialized area of compliance. It was the first time in my career that a lawyer or CCO was not my boss.

Viewing 160 - 162 of 2,090 Reviews

Glassdoor has 2,433 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.