LPL Financial reviews

3.4

56% would recommend to a friend

(2,083 total reviews)
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Rich Steinmeier

66% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,083 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 11, 2011

Good

Recommend
CEO approval
Business Outlook

Pros

It is a pretty easy firm to recruit for.

Cons

Knee-jerk style of executive eadership.

1.0
Oct 2, 2011
Recommend
CEO approval
Business Outlook

Pros

Hard to think of any-- They leverage the fact that they are the only recoginized financial company in San Diego- Soda machines 0.25$. They pay a little better than the market- Great place for PM's with upto 3-5 yrs experience. Sr PM's or PgM's -strictly avoid!!

Cons

From a PM perspective: 1. Lot of churn in the middle management roles.They rotate or Fire PM's like changing shirts. 2. Higher management sucks-- too many cooks and lots of chaos and confusion filters to the next level. 3. No clear vision or strategy from higher management on projects- they start projects , then realize it doesnt make sense and put them on hold leading to churn in the projects. 4.Frankly speaking, its a back office shop for advisors- so not much new advancement in technology 5. Their IT budget is comparitvely small compared to other competitors 6. PM role is more of a glorified co-ordinator- PM's dont have much authority nor do they get to handle project budgets. 7.Lots of favoritism given to ass-lickers and work efforts frankly doesnt matter but i guess that must be there in other companies too 8. No Growth Potential !! You ll be stuck in the same position for years but if you like that then certainly a good place. 9. Worst place for Contractors- they are treated far worse than other companies in my experience.

2.0
Sep 11, 2011
Recommend
CEO approval
Business Outlook

Pros

Good folks you'll get to know and its nice to share the frustration with others.

Cons

Extremely political, most managers all got their positions by political means. They could not last a week doing the work of whom they manage. It is upsetting to see them chat in circles while our phones and incidents are increasing. There is no sense of humor or relief to be found. Expect heart burn and high blood pressure as a result of being a LPL employee.

Viewing 2029 - 2031 of 2,083 Reviews

Glassdoor has 2,426 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.