LPL Financial reviews

3.4

56% would recommend to a friend

(2,100 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 2,100 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
Jun 14, 2022
Recommend
CEO approval
Business Outlook

Pros

Great training experience and new hire first manager. Great communication and open door experience.

Cons

Onboarding and communication was a nightmare and they continually dropped the ball. The PTO accrues as you go if you do not have it you cannot use which is very odd compared to most large corporations. My second manager offered no guidance or communication for the first month and a half. That was promised regarding performance and when you’re not in an office setting and you have no interaction you need some type of communication.

3.0
Jun 3, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits and overtime isn’t required (unless you’re on a call that runs over your clock out time unfortunately cause this is very much a call center position). The benefits are the only reason for my stars honestly

Cons

Wow where do I begin. Burn out will absolutely happen especially with the amount of unprofessional advisors you have conversations with all while keeping a smile on your face cause QA will come after you otherwise. I will add that they are ~trying~ with their new system where you can report unprofessional advisors (which already says a lot) but believe me they are swayed in favor of advisors and it has to go to everyone’s supervisor before they even care about it. Let’s talk about QA though, the metrics are endless and they will nitpick until the cows come home. Moving on to the training. It will be rushed and you will be held responsible for knowing all of the information by unreasonable and inpatient advisors. You will be thrown to wolves essentially. This will not bode well for you, the advisors, or the tenured folks in service (if they’re still there). I’ll end here but there’s plenty of opportunities for improvement here.

1.0
May 4, 2022

Good luck getting a good manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation is good and benefits are good (think of it as hazard pay). There are some good managers (and a lot of bad managers).

Cons

There are many bad managers. The company advertises meaningful core values but most managers do not actually practice these values.

Viewing 367 - 369 of 2,100 Reviews

Glassdoor has 2,445 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.