Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,430 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 153 reviews)); "Great People to work with and for" ((in 149 reviews)); "There is a Great culture" ((in 115 reviews)); "Good growth potential and work/life balance" ((in 96 reviews)); "Coworkers are great!" ((in 42 reviews))

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

"Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any." ((in 122 reviews)); "Poor management team that micro manages to much." ((in 94 reviews)); "Senior leadership more interested in self glorification." ((in 47 reviews)); "Some managers have no experience" ((in 46 reviews)); "No training material is provided for new hires that are in supporting roles." ((in 44 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

LPL Financial reviews

3.4

56% would recommend to a friend

(2,087 total reviews)

Rich Steinmeier

67% approve of CEO

57% positive business outlook

Ratings by demographic groups

Race / Ethnicity

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LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,087 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

2.0

Jan 19, 2010

Unhappy place until the IPO

Assistant vice president

Recommend

CEO approval

Business Outlook

Pros

For many, it's really the economy at this point... the environment is very stressful. Over the last few years, since the founders took their buyout and equity firms bought in, the culture has changed dramatically, and the pressure to produce financial results has trumped most everything - including providing service to advisors.

Cons

See above... in mid-level management, we're under tremendous pressure (for essentially the last three years). Focus has shifted from service to profitabilitiy. Many key people have left as a result.

3.0

Nov 4, 2009

Lots of Potential

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

LPL seems to have vision about the growth of the company. Upper management works hard to implement programs for recognition. They know their business and have clear goals.

Cons

There is not alot of clear communication from upper management about the direction of the company. Also there are multiple operating systems within the company that do not communciate with each other and need to be updated. LPL does not seem willing to invest the capital neccessary for cutting age technology.

4.0

Jul 9, 2009

0

Financial advisor

Recommend

CEO approval

Business Outlook

Pros

freedom to do what you want when you want to, the pay is great coming from a wire house and you can charge what you want or need to

Cons

there is a lot of fees and costs associated with having the practice you also have to be very organized and patient to be able to deal with a ton of paperwork coming your way

Viewing 2020 - 2022 of 2,087 Reviews

Jobs at LPL Financial

Registered Client Service Associate - Raleigh, NC

Client Service Associate - Gig Harbor,WA

Sr. Client Service Associate - Suwanee,GA

Financial Planner - Associate

LPL Financial

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Unhappy place until the IPO

Lots of Potential

0

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