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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      55% would recommend to a friend

      (2,094 total reviews)
      avatar

      Rich Steinmeier

      66% approve of CEO

      56% positive business outlook

      Ratings by demographic groups

      LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,094 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
      Jun 8, 2016

      Financial

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Solid company. Good technology. Good management

      Cons

      Heavy compliance requirements and audits

      1.0
      Jun 8, 2016

      Independent Financial Advisor

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Independent so myriad of investment choices. Variable Annuity tickets entered on the system, no IMO for fixed insurance products. Uses abbreviated version of DocuSign. Client statements included assets held away (annuities or mutual funds).

      Cons

      Service, service, service. I am a SoloPreneur, so I personally dealt with the call center in Charlotte, NC. (Maybe if I was a bigger producer I would have gotten better service, but my OSJ was larger producer...) They were nice but rarely knowledgeable, and system was not self-service oriented, so every time I got a notification on something, I couldn't fix it myself, I had to call in and deal with folks. Can't even cancel a mutual fund order on the system before closing bell. Very frustrating. Had a security breach and service issues affected clients, so I didn't want to repaper clients and leave, but am very happy with new B/D. I got so I would call 3 times and take best two of three responses. (Even service center supervisors didn't call back.)

      5.0
      Jun 1, 2016

      LPL Financial Advisor

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Total independence and freedom to work your own schedule. Very supportive back-office and software easy to use. IT support was excellent. On-board process was smooth.

      Cons

      $1500 per month overhead not including office or wealth vision.

      Viewing 1720 - 1722 of 2,094 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,437 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.