LPL Financial reviews

3.4

56% would recommend to a friend

(2,099 total reviews)
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Rich Steinmeier

65% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,099 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
Dec 24, 2024
Recommend
CEO approval
Business Outlook

Pros

Great pay and benefits. Bonus is based on performance and is on a bell curve with your peers. Stock options are guess - 15% discount.

Cons

Culture is not great. Lots of new executive leadership and the original culture is not even there. Lots of political jockeying, no transparency from leadership.

3.0
Dec 24, 2024
Recommend
CEO approval
Business Outlook

Pros

Awesome team members, great business opportunities for continued growth, new CEO seems to have the right intent, but he is trusting people who are not giving him the right info or advice.

Cons

New CHRO has created a culture that does not care about people, impossible to dissent, very tactical work, no real pwople strategy, very hard work with zero recognition, compensation is below market, yet the keep cutting: eg. When they run out of things to cut or costs to raise, they most recently eliminated the mobile reimbursement which was already low from prior cuts ( at $20). They assume people will use their own phones, while working very long hours, without any recognition and lousy salary increases that are consistently and significantly below market. Yet, there is such a culture of not speaking truth to power, and the new CHRO is so incompetent and only concerned about self preservation, that no one speaks truth to LT. There are no career growth opportunities. Culture of hiring externally, even though they should have realized by now that that strategy does not work as proven by the number of senior leaders they later turned over the years

Viewing 337 - 339 of 2,099 Reviews

Glassdoor has 2,444 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.