LPL Financial reviews

3.4

56% would recommend to a friend

(2,090 total reviews)
avatar

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
4.0
Apr 26, 2016

Overall

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Schedule flexibility can be good, but that varies by dept. Volunteer opportunities are limitless and LPL give 16 hrs/year to volunteer.

Cons

Salaries are not top of industry. Future location in Ft Mill is going to cause additional travel time and money for a good chunk of employees and company isn't willing to make any kind of concessions for those employees that it will cause a hardship for. Employees were blindsided at the end of 2015 that no merit increases would be given in Feb 2016 (which was normal practice for the past several years). Supposedly a new schedule was implemented for merit increases and those will be re-evaluated in Sept 2016.

3.0
Nov 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Pay if you come in from the outside. Flexible work life balance. Very good mix of benefits. Opportunities to volunteer time off with Pay.

Cons

Lack of common sense, Layoffs. Constant unending change and shuffling of organizations with poor leadership to pick a direction and stick it out. HR policies tie the hands of managers to be effective. Caps to compensation. Promotions without pay raises.

2.0
Oct 6, 2015

Overworked/Underpaid

Recommend
CEO approval
Business Outlook

Pros

Great benefits! The company offers many programs and perks. Located in a nice, updated building.

Cons

Micromanaged to the max in the service area. Basically need permission to even get up to use the restroom. Employee moral is extremely low. Pay is low and it seems as though bonuses will be hard to come by with all the new nearly impossible procedures that have been implemented.

Viewing 166 - 168 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.