Is LPL Financial a good company to work for?

LPL Financial has an overall rating of 3.4 out of 5, based on over 2,426 reviews left anonymously by employees. This rating has decreased by 2% over the last 12 months. 56% of employees would recommend working at LPL Financial to a friend and 57% 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?

56% 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) , Compliance Analyst (21)

What are the pros of working at LPL Financial according to real employee reviews?

"Good benefits and pension plans" ((in 153 reviews)); "Great People to work with and for" ((in 145 reviews)); "There is a Great culture" ((in 108 reviews)); "Good growth potential and work/life balance" ((in 96 reviews)); "Growth opportunities for "some"" ((in 48 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 128 reviews)); "Poor management team that micro manages to much." ((in 96 reviews)); "Senior leadership more interested in self glorification." ((in 46 reviews)); "Some managers have no experience" ((in 46 reviews)); "Low salary based on my peers recent job offers in similar fields" ((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 LPL Financial locations have received the highest employee ratings?

Indianapolis , Philadelphia , Minneapolis , Kansas City , Denver , Austin , Chicago , New York , Boston , Saint Louis

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LPL Financial

LPL Financial reviews

3.4

56% would recommend to a friend

(2,083 total reviews)

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

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

2K reviews

4.0

Aug 3, 2019

Best company I have ever worked for, with one glaring weakness.

Manager

Recommend

CEO approval

Business Outlook

Pros

Benefits, Culture, People, Professional Growth & Development, Opportunity, Work/Life Balance and Facilities.

Cons

Compensation, particularly for long-tenured employees and internal promotions where salaries don't keep pace with the market value of external hires. One additional byproduct of that issue is that average pay translates to average performance. And lower performing employees know that their poor performance will be tolerated for long periods of time without significant consequences.

1.0

Jul 26, 2019

Do not waste your time

Service experience professional

Recommend

CEO approval

Business Outlook

Pros

Cafeteria. Get your birthday off.

Cons

Where do I even begin. The service department at LPL is horrible. The culture is awful and everyone hates helping anyone in other departments. The advisors are extremely rude. You are expected to be a robot and take call after call. You are micromanaged down to the second. There are no paid sick days so you are expected to use your PTO when sick. The pay is very low. The annual merit increase is a joke ( literally like 20 cents)even when you performance at a high level and earn the 7% increase (they tell you the department was only given x amount of dollars for merit increase). If you want to get licensed, good luck trying to get them to sponsor you. Promotions are based on favoritism. Company claims to be "client centric mindset" but it’s just all about numbers. Let's not forget about how the new hires are being paid more than current employees with more experience and LPL hasn't planned anything on raising salaries.

1.0

Jun 19, 2018

Don’t waste your life here

Senior operations specialist

Recommend

CEO approval

Business Outlook

Pros

Starbucks, nice campus, free coffee and unlimited water

Cons

Poor pay, remedial work, lifeless employees and meaningless value. Seriously, don’t waste your youth here. You did not go to school to work at such a lagging place. People without degrees can do this job, and they would be happy to for the environment they are in. I thought taking a finance job in La Jolla would be cool but it sucks the soul out of you, lowering all ambitions and passion. Seriously, unless you wanna be micromanaged monitored, having any other job would be better

Viewing 25 - 27 of 2,083 Reviews

Jobs at LPL Financial

Manager, Workplace Experience

Associate Analyst, Operations

VP, Technology Vendor Manager