LPL Financial reviews

3.4

55% would recommend to a friend

(2,091 total reviews)
avatar

Rich Steinmeier

66% approve of CEO

56% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,091 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
3.0
Jan 11, 2015

Awesome 1st year - then hell on earth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Awesome new building with lots of amenities (I miss the salad bar) and very centrally located. Pay was pretty competitive for my position, and the bonus structure was 'fair'. Benefits are AWESOME. I hated leaving the COMPANY - seemed they really cared about taking care of their employees and making them happy.

Cons

Where do i start? My department was reorganized 3 times while I was there (a little over 3 years) with 3 different top managers. Sooooo many AVPs - and what, exactly is their purpose?? Some of the managers were quite vindictive too and would throw you under the bus in a heartbeat to save their own neck. Or, they would take credit for something you did. When we were shorthanded I would often pull 12 hour shifts even though I wasn't asked. I was salaried so OT didn't matter. I never even got a Thank You or offered help. I was frequently called a liar (not in so many words though) and made to feel about 3 inches tall. The politics are so freaking bad and you can't trust anyone. They talk about getting rid of the silos, but nothing gets done about it. At one point I was in 6 hours of meetings a day, 1 hour for lunch, and that left 1 hour to get 8 hours of work done. If you don't stick to your guns about your time there in the office, it will consume you.

3.0
Oct 27, 2014
Recommend
CEO approval
Business Outlook

Pros

There are great opportunities for career growth for motivated, talented employees. From my experience, there is great work/life balance and LPL is very accommodating for the needs of its employees. There are opportunities for some employees to work from home when needed or as part of a regular schedule. For new employees, the hiring salary is competitive.

Cons

Compensation issues have been addressed for new employees coming on, however, they have not done much for loyal, high performing employees that were hired prior to the compensation restructuring. A number of employees have left LPL and come back within a year to be hired back at a much hire salary.

Viewing 217 - 219 of 2,091 Reviews

Glassdoor has 2,434 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.