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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      55% would recommend to a friend

      (2,096 total reviews)
      avatar

      Rich Steinmeier

      66% approve of CEO

      56% positive business outlook

      Ratings by category

      3.9

      Diversity & inclusion

      3.5

      Work/Life balance

      3.4

      Culture & values

      3.3

      Career opportunities

      3.2

      Compensation and benefits

      3.0

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      1.0
      Aug 11, 2016

      Very political & back stabbing

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent benefits, except fot pay. They have a cool new building with the latest amenities.

      Cons

      They work you like dogs. They have gotten in trouble for making people work through lunches, take unpaid overtime, etc. It's very clicky. You have to watch your back. They lay people off even if you have spent 30 years as a top performer. In the early days there was a lot of sexual harrassment. Very negative, high stress environment.

      3.0
      Aug 10, 2016

      Supervision

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Really enjoyed the vast majority of people I worked with, both in the department and throughout the firm. Company has decent benefits.

      Cons

      They change managers like underwear and hire them for technical ability to do the job of the people they manage, not for their ability to lead, provide needed resources or industry guidance. 6 managers in 4.5 years, all the prior managers fired? Last manager has 85% turnover in 8 months. Obviously the issue is with the VPs and SVPs hiring these incompetent managers. Not enough staff to do the work - always the excuse that new hires and technology will fix the problem within 6 months. Per former associates - still the same today.

      1.0
      Aug 9, 2016

      Poor Support

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      NONE that can be found.

      Cons

      Broker support is bad and that is being kind. There are people who either do not care or just do not know the answer. When you call to get an answer, do not expect the correct one. This support has gotten worse in my three years with them. Since the company went public the only thing that matters is profit. Should have gone to a wirehouse would not have been any different. I wish I had never heard of LPL!!!

      Viewing 1702 - 1704 of 2,096 Reviews
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      ReviewsLPL Financial 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.