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
Mar 14, 2017

About to get laid off

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice building, gym, onsite nurse and Starbucks

Cons

They only hire their close friends and pay them above market rate. Moving my department to SC but they saved their unqualified friend and sent them to PDO. They keep the unqualified and lay off the qualified because they do not like them. This company reeks of ageism, racist bosses (have been called derogoatory names many times by my boss) They promote their friends

3.0
Mar 11, 2017
Recommend
CEO approval
Business Outlook

Pros

Great clean new building located in UTC San Diego Area. Features a cafe, Starbucks (proudly serving), electric car charging stations via Sema Connect, fitness center, health clinic and more.

Cons

Work environment has went from pleasant with steady work to super micromanaged. Every minute is accounted for. Most jobs have been running in the "red line" of speed and work load for years and this is the new normal so it has become expected. Hired for one department needs and duties turns into six to save on overhead. It's hard to change jobs inside the company unless you take a lessor position with a pay cut. They tend to fill positions at entry level. Moving up in the company is especially difficult. Experienced and hard working no longer means what it used to. You must become best friends with your boss in order to move up. Because of this, I have seen a entry level person promoted quickly that still has no idea what they are doing.

3.0
Mar 8, 2017
Recommend
CEO approval
Business Outlook

Pros

Amazing people to work with

Cons

Layoffs in San Diego to move jobs to Fort Mill, constant reorgs, constant delay of merit increases

Viewing 1642 - 1644 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.