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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,084 total reviews)
      avatar

      Rich Steinmeier

      66% approve of CEO

      57% positive business outlook

      Ratings by category

      3.8

      Diversity & inclusion

      3.5

      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 2,084 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
      Apr 11, 2013

      Analyst

      Analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      ability to work independently, freedom, some room to grow

      Cons

      some room to grow, low-end salary

      3.0
      Mar 17, 2013

      Decent place to work, depending on your department, and direct management

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      LPL has an above average 401K lineup, and the benefits are pretty good. It is a great place to build a base knowledge about the industry, and the potential for an upward career path.

      Cons

      It has been frustrating with the people that get promoted into Manager, AVP, and VP positions. Although they may have the technical knowledge, too many have almost no understanding of what it takes to be a great manager of people. At the same time, this may be because being a manager of people is an acquired skill, which takes not only time, but a desire to learn. And if there is no incentive to try to get the best out of your employees, eventually they become disengaged. Also, almost everyone seems to be paid below average for the industry, and raises for the majority are 2% per year. It takes an act of God to get more than this. Lastly, since the major outsourcing initiative was announced in February, which is still pending, the morale in the affected departments is noticeably low. All in the name of improved efficiency and expense management. But such is the world of capitalism.

      4.0
      Mar 16, 2013

      Not a bad place to start

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      A lot of friendly coworkers

      Cons

      You might be rotated to different teams often and it is hard to move up in the company.

      Viewing 1984 - 1986 of 2,084 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,427 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.