LPL Financial reviews

3.4

55% would recommend to a friend

(2,091 total reviews)
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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
1.0
Apr 30, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits good, new building is nice but not much else.

Cons

Superficial leaders that talk the talk but can’t walk the walk. Actual business knowledge, hard work and experience are viewed as negatives if you are in management. Zero loyalty to employees. Pay is below average and they tell you it is but don't care. Stubbornness to offshore everything. Personal greed is so obvious. Employees are deluted/brainwashed with so many feel good stories that hide the realilty. Don't be fooled.

3.0
Dec 28, 2013

Low morale. Don't work here if you plan to get securities licensed!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Better than unemployment * Paycheck * Colleges

Cons

Middle management barely knows the business and lack comprehensive knowledge of operation day to day practice. Also, some managers barely know how to construct a complete sentence. Perhaps, they should enroll in the LPL University. The company verbally give recognition but no monetary compensation for delivering best practice for efficiencies. The singular word used most often at LPL is transparency. Please don't ever mention to advisors that offshore processors are in India! We can't be that transparent. Don't expect to get sponsorship to get your securities license if your job or department doesn't require it. The company doesn't pass the cost saving from offshore to reinvest career development.

Viewing 220 - 222 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.