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

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).

Reviews by job title

2K reviews
4.0
Oct 28, 2014

Some Good Things, Some Bad Things

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Advancement opportunities were readily available Commitment to training Technology was up-to-date

Cons

Micromanagement philosophy; way too many VPs and AVPs and Directors, etc Management very cliche-y; it was evident that they had their favorites

3.0
Oct 27, 2014
Recommend
CEO approval
Business Outlook

Pros

The new building brings the entire San Diego location to one building. It's a beautiful modern building with great features (ergonomic cubicles, fitness center, cafeteria, Starbucks, dry-cleaning, etc) and improved parking. You feel a certain amount pride walking in.

Cons

Poor communications between departments and teams. Resistance to change when obvious process improvements are needed. Still behind in salary compensation. Efforts being made, but not enough for employees hired longer than 5 years ago.

3.0
Oct 27, 2014
Recommend
CEO approval
Business Outlook

Pros

There are great opportunities for career growth for motivated, talented employees. From my experience, there is great work/life balance and LPL is very accommodating for the needs of its employees. There are opportunities for some employees to work from home when needed or as part of a regular schedule. For new employees, the hiring salary is competitive.

Cons

Compensation issues have been addressed for new employees coming on, however, they have not done much for loyal, high performing employees that were hired prior to the compensation restructuring. A number of employees have left LPL and come back within a year to be hired back at a much hire salary.

Viewing 1900 - 1902 of 2,091 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.