LPL Financial reviews

3.4

55% would recommend to a friend

(2,094 total reviews)
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Rich Steinmeier

66% approve of CEO

56% positive business outlook

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
2.0
Nov 11, 2015

Hasta La Vista

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Exposure to many aspects of financial services, finance and accounting.

Cons

The dynamic of this company is constant change. The reason employees in the finance and accounting groups turn over so much is because no one can ever get comfortable with their job. Very few people are subject matter experts. Once there is a comfort level, all processes will change. There is very little work/life balance. Late nights and weekend work is very common.

1.0
Nov 10, 2015
Recommend
CEO approval
Business Outlook

Pros

Good people on my team. Nice building in San Diego.

Cons

Victor Fetter (CTO) was hired and he immediately outsourced 75% of the IT services. I understand business is business, but LPL made us train our replacements! Not cool. They gave us the option: "You train them, or you're fired". Oh, thanks. The pay increases were a joke. Health benefits were expensive. They don't offer eating utensils, cups, etc.. All in all, things were MUCH better before LPL went public and when Chris Feeney was the CTO. Victor Fetter was smiling and laughing as he announced to 200+ people that they were losing their jobs.

3.0
Nov 9, 2015

Communication is key

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fellow employees can be amazing. Some managers are as well. There is pretty transparent communication from senior management down to about middle management.

Cons

Things don't always make sense.

Viewing 1777 - 1779 of 2,094 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.