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
2.0
Nov 18, 2024

Not worth the stress

Recommend
CEO approval
Business Outlook

Pros

Good PTO Good Benefits Good entry level pay

Cons

High stress, tight deadlines Weekend releases Micromanaging Toxic management Expected overtime Lack of empathy for employees

3.0
Nov 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Great culture, lots of opportunity for advancement and development.

Cons

Benefits aren’t great. Most companies start benefits on day 1. LPL makes you wait until the 1st of the month after you start. Your 401k match doesn’t even start until you have worked there for 6 months and don’t be fooled. They’ll tell you they have an 8% match, but it’s at $.75, so you have to contribute 8% to get a 6% match.

2.0
Nov 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Nice people on the team willing to help each other out

Cons

So many cons, where do I start. Since I have joined there’s been poor planning for projects. Leadership saying things must get done without proper planning, giving no incentives while employees are overworked (if you are on a team that is doing any sort of project, there are so many teams stuck in planning phases for years). Leadership sets impossible deadlines and tells everyone they are doing great, but fails to recognize that means nothing when their employees are burnt out and getting severely underpaid. Forced to be on call at random hours without proper communication because “it is crucial and important” Every task becomes important which means everything has to get done. You can try to do more work but you most likely will not get a promotion or recognition unless you are best friends with people higher than you. Do your job as is, and it’s considered not enough, but again lack of incentives completely. Managers usually don’t know what the people under them are doing, and pick and choose based off of favoritism. If you are not their favorite , good luck!!

Viewing 382 - 384 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.