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

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
2.0
Jun 21, 2025

The company breaks promises

Recommend
CEO approval
Business Outlook

Pros

Decent benefits and usually has management that will be flexible. Plenty of opportunities to learn.

Cons

First, they will pay you less than market and tell you that it's because they offer a top notch employee experience to make up for it. That was once the case, but not anymore. It was a great place to work. They had a "Be Great From Anywhere" policy that allowed everyone to work from home. They even let people move out of footprint and started hiring from out of footprint. Things took a turn around the time there was a leadership change. They called everyone back to the office and told remote workers they weren't sure what would happen to them, but we'd hear more during Q1 of 2025. Employees in the office were required to be there 3 days per week, but if you're sick on any of those days, you're forced to take PTO instead of simply working from home. Q1 came and went without a word. I wasn't comfortable with the possibility of being forced to move into footprint so I started looking elsewhere. I got a job offer and went to my management with it. I told them I wouldn't leave if I could be assured that my remote status was not under threat. I was given assurance by the SVP over my group that all remote workers (my department has many) were safe. This was in April. June rolled around and there was a "reorganization" and people were laid off. With that reorganization came the message to every remote employee that we had to move to Fort Mill, SC or Tempe, AZ by December 31st or leave with 2 weeks of severance per year served at the company. They say employees are their best asset, but this is what you can expect. Smile in your face but stab you in the back. You can do everything the right way and be a hard worker, but it means nothing. My position is not going away. I'm not being laid off. I'm being forced to move back without any offer of relocation assistance because of a "company decision" (that's reason I was given). I did everything by the book to go remote. I had all the necessary approvals. My team is being gutted because we have so many remote people.

2.0
Apr 5, 2024
Recommend
CEO approval
Business Outlook

Pros

Innovative, good ideas but not so good implementation

Cons

Employees very wary of leadership. People are scared! Secret layoffs and cobstant reorganizing. Very unsettling for tenured people working day to day.

Viewing 19 - 21 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.