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
2.0
Mar 16, 2017

Company changing; stock price over Employees and Advisors

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great facilities; fantastic Advisors; financially stable (for now)

Cons

Company used to be very balanced between the welfare of the Advisors and the welfare of the employees. Since going public, every year the company becomes less concerned about the welfare of the Advisors and employees, and more concerned about the performance of the stock. Stock compensation of senior leadership has led to a focus on maximizing short-term success over long-term stability and growth. Average tenure is on the decline, and the last time that happened it led to a lot of challenges for the company. This used to be a company you wanted to stay with long-term, but now it's become a step on the ladder to a better company.

2.0
Feb 21, 2017
Recommend
CEO approval
Business Outlook

Pros

A big company with new facilities and amenities (a inhouse clinic and gym are big plus) You will be rewarded with opportunities to learn as much as you want (As long as you own the tasks) Most of the people I worked with are nice and helpful

Cons

Don't expect you are getting much supports from management except lip service Don't expect your manager will know much about the department functions as many of them are airborne from elsewhere, but expect you as SME to own EVERYTHING you know about the department operations Technology is well behind industry average (still in the 90s) Employee compensation and benefits are below industry average

Viewing 163 - 165 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.