LPL Financial reviews

3.4

56% would recommend to a friend

(2,096 total reviews)
avatar

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 2,096 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
Apr 26, 2017
Recommend
CEO approval
Business Outlook

Pros

There used to be a lot but not anymore

Cons

Company used to preach a work life balance and employee engagement, but that has been eliminated. The department is now run like a dictatorship. The micro management is completely overwhelming!!!!! If you don't respond to an email within 30 seconds your phone and internal communication tool will start ringing. The amount of stress thrust on staff due to inadequate personnel is also mind boggling. More recently older staff were 'laid off " while younger staff were relocated to a new corporate office on the East Coast. You are expected to do the job of 3 people and not complain. If you speak up you will be fired. No wonder a majority of staff is actively seeking new employment.

2.0
Apr 25, 2017

Too Big

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of resources and clout in the industry.

Cons

The company grew too big, too fast, and back-office service went down the toilet.

5.0
Apr 25, 2017
Recommend
CEO approval
Business Outlook

Pros

Lpl Financial had really great benefits and perks. They have relocated to Fort Mill SC and the scenery and amenities in my opinion no one can compare. The training that is provided they try their best to make sure that you are well equipped. There will be situations that you have not experienced, but everyone learns something new everyday.

Cons

They have been known for their reaction time to be behind a major event or change. I feel the key would be to be more preventive which they are trying to acheive.

Viewing 1624 - 1626 of 2,096 Reviews

Glassdoor has 2,439 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.