Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,433 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 56% of employees would recommend working at LPL Financial to a friend and 57% have a positive outlook for the business. The best reviews about LPL Financial have been left by employees working as Internship , Financial Planner and Intern .

Does LPL Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, LPL Financial employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at LPL Financial. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at LPL Financial?

56% of LPL Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated LPL Financial 3.6 out of 5 for work life balance, 3.4 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at LPL Financial?

Financial Advisor (134) , Analyst (46) , Vice President (45) , Manager (33) , Senior Operations Specialist (33) , Assistant Vice President (31) , Intern (31) , Administrative Assistant (29) , Customer Service Representative (29) , Senior Analyst (28) , Service Center Representative (24) , Associate Analyst (23) , Business Analyst (23) , Operations Specialist (22) , Service Professional (22)

What are the pros of working at LPL Financial according to real employee reviews?

"Good benefits and personal development resources" ((in 158 reviews)); "Great People to work with and for" ((in 143 reviews)); "The culture is great though at times chaotic" ((in 110 reviews)); "Good growth potential and work/life balance" ((in 88 reviews)); "Great team atmosphere and coworkers" ((in 41 reviews))

What are the cons of working at LPL Financial according to real employee reviews?

"Low pay and failure to reward performance" ((in 121 reviews)); "Poor management team that micro manages to much." ((in 94 reviews)); "No training whatsoever." ((in 47 reviews)); "Low salary based on my peers recent job offers in similar fields" ((in 43 reviews)); "Senior leadership more interested in self glorification." ((in 43 reviews))

What are employees saying about LPL Financial layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about LPL Financial layoffs and their outlook for job security at LPL Financial in 2026.

What are the top reviewed LPL Financial locations?

San Diego , Fort Mill , Charlotte , Austin , Boston , La Jolla , Tempe , New York , Houston , Chicago , Denver , Rockville , Los Angeles , Kansas City , Saint Louis , Minneapolis , Indianapolis , Colorado Springs , Philadelphia , Rock Hill , Detroit , Dallas , San Francisco , Jersey City , Peoria , Southfield , Grand Rapids , Raleigh , Newport Beach , Las Vegas

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LPL Financial

LPL Financial reviews

3.4

56% would recommend to a friend

(2,090 total reviews)

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 2,090 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

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

3.0

Oct 7, 2014

Great business, mediocre work

Operations

Recommend

CEO approval

Business Outlook

Pros

LPL is a financial firm providing a relatively easy entry into financial services, decent benefits, and a fun office culture. Working there was an opportunity to experience the day to day operations of a large back office focused firm. You will learn a lot about how the market works and why it works/doesn't really work.

Cons

Management quality highly variable, pay is not commensurate with equal opportunities in the industry, mobility is difficult. Overall, the experience you get here is highly variable dependent on department. Especially in the San Diego office, people are not exceptionally motivated. Something to be wary of.

1.0

Oct 4, 2014

Not where you want to work

Research associate

Recommend

CEO approval

Business Outlook

Pros

Good technology in ways, albeit 20% of client tax reporting has historically been incorrect. How do they possibly screw that up so badly? Concept of rotation ETF model trading is nice conceptually, but generally with fumbled mediocre results. I worked there only until I could find a better job.

Cons

Company acts all altruistic and evangelical, espousing unbiasedness and empowerment to their underlying advisors, but then they fee their advisors to death and take retrocessions from approved manager solutions. Is this really unbiased? Way too much emphasis on illiquid assets with high initial commission payouts (think BDCs and non-traded REITs). They generally have no vision that a bear market is even possible. Employees are not paid well by Wall Street standards, so LPL gets a dumber general level of average employee (most of whom think that they are smarter than they really are -- a dangerous situation). This firm is likely to blow clients up in a time of market stress.

2.0

Oct 1, 2014

Profit minded company, no appreciation of employees

Senior systems engineer

Recommend

CEO approval

Business Outlook

Pros

The people you work with can be great. Fun atmosphere if you're not a call center agent. Halloween, they go all out, it's fun!

Cons

The company only cares about how much money you can make them, They will outsource your job if it is more cost effective, and yet the SVP's and above will consistently get their 23% bonus each year like clockwork, if you're part of the click.

Viewing 1906 - 1908 of 2,090 Reviews

Jobs at LPL Financial

Business Development Associate

Business Development Associate

Sr. Developer - Software Engineering

AVP, Software Engineering