Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,437 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 55% of employees would recommend working at LPL Financial to a friend and 56% 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?

55% of LPL Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated LPL Financial 3.5 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 167 reviews)); "Great People to work with and for" ((in 150 reviews)); "LPL has a Great culture" ((in 113 reviews)); "Good growth potential and work/life balance" ((in 88 reviews)); "Great team atmosphere and coworkers" ((in 44 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 121 reviews)); "Poor management team that micro manages to much." ((in 93 reviews)); "Senior leadership more interested in self glorification." ((in 47 reviews)); "No training material is provided for new hires that are in supporting roles." ((in 44 reviews)); "Some managers have no experience" ((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

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LPL Financial

LPL Financial reviews

3.4

55% would recommend to a friend

(2,094 total reviews)

Rich Steinmeier

66% approve of CEO

56% positive business outlook

Ratings by category

3.9

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 2,094 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

2.0

Oct 23, 2008

Nothing too spectacular.

Operations specialist.

Recommend

CEO approval

Business Outlook

Pros

LPL is a fast growing company and is a great way to get some financial experience. There are many entry level positions for recent college graduates.

Cons

The employee retention rate is low because the salary is extremely low. Its tough to live on a low salary in expensive San Diego. Also, I feel that this company does not care very much for their employees (will not sponsor non citizens and no letter of references allowed). A lot of the structure in the back office needs to be cleaned up. LPL LOVES to low-ball people on salary... It's borderline abusive business practices. I can't believe this company is so stingy when it is doing extremely well.

1.0

Oct 3, 2008

Great place for minorities to get promoted ahead of their skill level.

Senior compliance analyst

Recommend

CEO approval

Business Outlook

Pros

Friendly atmostphere, Great office location

Cons

If you are female or a minority...this is the place to work and get promoted quickly. I have seen numerous highly qualified white males passed over for promotion and newly hired females (black, hispanic etc) be placed in positions of responsibility for which they then have to be trained by those same passed over white males. I have seen instances where a young white male leaves the company on good terms and is not hired back, but a young white woman leaves for a rival b/d and then comes back only to be promoted to a senior management. Senior management has said (off the record) that while they are aware of areas that we should improve our compliance oversight (of our 11,000 plus financial advisors), they won't do so until FINRA or the SEC fines us.

2.0

Aug 21, 2008

A company with a lot of potential if they hire more experienced people.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

As an employee their benefits are pretty good.

Cons

Lack of communication. Mid-level managers seemed to be promoted more based on favors owed than experience or knowledge.

Viewing 2092 - 2094 of 2,094 Reviews

Jobs at LPL Financial

Sr. Client Service Associate - Suwanee,GA

Financial Planner - Associate

Client Service Associate - Lakeland,FL

Associate Service Consultant