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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,083 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 2,083 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).

      Ratings by demographic groups

      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.

      1.0
      Dec 9, 2009

      Would rather chew on aluminum than go back to work there...

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great for advisers - they get whatever they want when they want...

      Cons

      Very few graduate (or even college) degrees in senior management = very low competency level, it's hard to have faith in management when you can do a better job yourself...pay is horrendous, raises were running at 1% tops when I left (and this was during the "good" years!), options were handed out to cronies willie-nilly over the years, and when the company was bought out by TPG the better employees received nothing while the laggards were getting paid upward of $200K each when they were bought-in...the list just goes on and on and on...

      3.0
      Dec 6, 2009

      Good opportunities if they like you

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Acceptable Benefits Decent Work Schedule Nice Office Area

      Cons

      Poor Management Lack of Feedback They don't necessarily understand the concept of motivating employees'

      Viewing 2062 - 2064 of 2,083 Reviews
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      ReviewsLPL Financial 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.