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

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
3.0
Oct 6, 2015

Ups and downs

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Never had an issue with flexibility, corporate communication/HR really working hard to offer options to become employer of choice, gym on campus

Cons

Lots of management turnover, lots of sideways movement rather than forward. Extremely competitive environment, not uncommon to get "thrown under the bus" by someone trying to move up. We seem to be an environment that encourages that kind of behavior by not doing anything to stop it.

3.0
Oct 2, 2015
Recommend
CEO approval
Business Outlook

Pros

There is an amazing sense of community and feeling like you belong to a unique group with a good short term vision and process. The technology they supply you with is very good and the perks (insurance, 401K) are top notch.

Cons

NO or very little opportunity for advancement. So many management positions are filled from outside the culture and there is not enough remote working opportunities. I worked in insurance and always felt valued but the ceiling was very low. Training was also lagging if you were not already a subject expert.

1.0
Sep 30, 2015
Recommend
CEO approval
Business Outlook

Pros

Colleagues are outgoing. There are many problems that need fixing, so there are unlimited opportunities to build your resume.

Cons

The company runs on Access databases and a poorly designed network of software. Reporting is substandard and the company is consistently hit with large compliance fines. Workflows are uncoordinated between departments, leading to highly inflated overhead. Work and life balance is poor, compensation is below average, and opportunities for career advancement are limited.

Viewing 1795 - 1797 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.