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 1% 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) , Customer Service Representative (30) , Administrative Assistant (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 159 reviews)); "Great People to work with and for" ((in 149 reviews)); "The culture is great though at times chaotic" ((in 115 reviews)); "Good growth potential and work/life balance" ((in 95 reviews)); "Growth opportunities for "some"" ((in 43 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 124 reviews)); "Poor management team that micro manages to much." ((in 94 reviews)); "Senior leadership more interested in self glorification." ((in 48 reviews)); "No training whatsoever." ((in 47 reviews)); "Some managers have no experience" ((in 45 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

3.0

Apr 20, 2019

Ok company but back office and technology is really behind

Operations manager

Recommend

CEO approval

Business Outlook

Pros

People are friendly but bless their heart they have no clue what they are doing because of the lack of training.

Cons

Back Office Reps aren't trained well and often give you the wrong info. Technology is so way behind everyone else in the industry. You're better off working in a wire house because independent firms are rather cheap in all aspects. LPL spent so much money on the new system ClientWorks and they had to make so many corrections and even brought back the old system because the new one wasn't working properly. As a result of the lack of knowledge and help, our team left LPL and went to another independent B/D. In fact other teams from LPL are here as well so that says something. Intranet is horrible and hard to navigate. No employee Directory!!!!!

4.0

Mar 9, 2019

Very Political Environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Pays well at senior levels

Cons

High turnover at senior levels Internal Politics

4.0

Mar 6, 2019

Great environment and people but not the best pay

Trader

Recommend

CEO approval

Business Outlook

Pros

Great campus including awesome cafeteria. Business casual, comfortable, vibrant atmosphere. Good to their employee and encourage internal growth.

Cons

Although LPL encourages internal growth, they have promotion compensation cap of like 6 or 8%. So it pushes employees to leave the company just to get compensated their worth within a position. Ex. You start their making $50k. Eventually get promoted. Since you are only allowed to get an additional 6% you now make $53k. However, if they hire someone off the streets for this role they may hire them at $80k (the positions worth)

Viewing 271 - 273 of 2,094 Reviews

Jobs at LPL Financial

Client Service Associate - Newport News, Virginia

Sr. Client Service Associate - Suwanee,GA

Associate Service Consultant