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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,091 total reviews)
      avatar

      Rich Steinmeier

      67% approve of CEO

      57% positive business outlook

      Ratings by category

      3.8

      Diversity & inclusion

      3.6

      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 2,091 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
      3.0
      Feb 23, 2015

      Like all places... good and bad.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      All of my bosses have been good about flexible schedules in regards unexpected events or family emergencies. Work life balance is very manageable. Yes there are bad days where you need to put in 10+ hours but there are also the days where you leave early because it is slow. Moving up isn't that hard if you are smart and work hard. There is a lot of legacy thinking at the firm that makes it easy to shine.

      Cons

      Salary has nothing to do with your talent or value you bring to the firm. Some areas are loaded with AVPs and VPs who all get 100K plus for doing nothing while there are others who are actually running the ship get peanuts. Get in with the right areas and it is a cake walk with little to no responsibility. Very little tuition assistance (3K per year). To compare, Commonwealth and US bank do 5K each.

      4.0
      Feb 23, 2015

      Good Company

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      LPL truly cares about its home office employees, reps, and doing the right thing. Senior (executive) manage really does care about providing a combination of shareholder value and a happy/rewarding work-place environment for its employees, FAs, IAs, etc.

      Cons

      LPL needs to manage expenses better from a compliance standpoint with respect to hiring third-party vendors--who take an exorbitant amount of time to manage- to do mindless work. It's just not cost-effective. Also, LPL needs to realize that the home office tech dept. (those who know LPL are very familiar with the acronym) running the show.

      Viewing 1873 - 1875 of 2,091 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,434 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.