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
1.0
Nov 6, 2015

Office Admin

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

LPL is a very large company and there are plenty of other financial branches for possible employment.

Cons

Little client contact other than phone, manager difficult to be around, unrealistic expectations in management of the office and files.

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 29, 2015
Recommend
CEO approval
Business Outlook

Pros

LPL's business model is unique, favoring independent financial advice over proprietary products and services. The pay is competitive for the industry and location.

Cons

LPL suffers from outdated management practices, frequent regulatory violations, and plummeting advisor satisfaction. Overall vision and strategy is sound but the company falls flat on execution.

Viewing 1780 - 1782 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.