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      LPL Financial

      Engaged Employer

      LPL Financial VP, Software Development Manager reviews

      2.5

      38% would recommend to a friend

      (90 total reviews)
      avatar

      Rich Steinmeier

      58% approve of CEO

      54% positive business outlook

      Ratings by demographic groups

      VP, Software Development Manager employees have rated LPL Financial with 2.5 out of 5 stars, based on 90 company reviews on Glassdoor. This indicates that most VP, Software Development Manager professionals have an average working experience there. LPL Financial is rated 33% below average by VP, Software Development Manager professionals compared to other employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      90 reviews
      1.0
      Sep 16, 2024

      Company is on the wrong track

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Smart people that want to do a good job. Nice offices in Fort Mill.

      Cons

      The company has simply grown too complex, too large, too fast, without the required resources and investments in technology and processes. This leads to a bad deal for current employees and unrealistic workload, long hours, and lots of chaos and fire drills to meet unrealistic deadlines. Nevertheless, management will grow the company without rewarding the employees that enabled the growth. Pay is way below average and doesn't come close to compensating for the workload and stress. We're also currently on a hiring freeze, but not a growth freeze. The company is being sued for its cash sweeps dealings. This company is a very stressful working environment overall.

      2.0
      Aug 21, 2024

      Toxic work culture

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are great people and teams at LPL who truly want to solve complex problems, do great work and celebrate one another.

      Cons

      So many. -Leadership lacks the ability to make good decision and move the work and infrastructure forward to allow for the company to scale. -Leadership lacks commitment and authenticity regarding people and talent initiatives. -Company operates as a startup and creates its own chaos due to lack of standardization of even the basic policies -Lack of courage as leaders and employees operate with a lack of integrity and honesty and continue to pull the wool over the CEO's eyes with regards to ability to execute. -Paralysis analysis with endless power points, frameworks and data lakes that are reviewed endlessly creating slow and painful death by a thousand cuts and inhibits ability for tams to make progress. -Lack of ownership and accountability of senior leadership.

      1.0
      Jul 31, 2024

      Beware of Operations Positions

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Pay and interesting work. A good entry level place to gain corporate experience at that level.

      Cons

      Horrible, self-serving leadership; especially at SVP level. Leaders will overload you and set you up for failure and take credit for your projects to make themselves look better. No coaching or career guidance is ever provided by VP and above.

      Viewing 28 - 30 of 90 Reviews
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      LPL Financial reviewsLPL Financial VP, Software Development Manager reviews

      Glassdoor has 2,437 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.