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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,100 total reviews)
      avatar

      Rich Steinmeier

      65% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      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
      Oct 9, 2024

      Used to be a great company. Top heavy.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The associates here are incredibly kind, warm, and supportive, and I've had the pleasure of working with some truly wonderful people. Many of the managers who have been with the company for over 10 years still carry that 'old' positive culture in their hearts, which makes a big difference. The company is very diverse, and I've made some great friends along the way and grew so much since I started. However, as the company continues to grow aggressively, some of that warmth has been lost. The benefits are just okay.

      Cons

      While the company has many great people, there are some issues that need attention. The leadership structure feels overly top-heavy, with multiple SVPs reporting to one another, which can create inefficiencies. Compensation is just low, people have to get second jobs in order to pay their bills, which can be discouraging. Meanwhile, some executive leaders have hired remote-working friends across the country, while associates are required to return to the office in a hybrid model. Additionally, the systems often crash, as resources seem to be focused more on recruiting new advisors and paying salaries for numerous SVPs, many of whom appear underqualified for their roles. On top of that, the number of meetings that could easily be handled via email is overwhelming, which wastes both time and energy. I hope the company refocuses on improving compensation, systems, and streamlining communication to make better use of everyone’s time.

      1.0
      Oct 9, 2024

      Avoid if you can

      Customer service
      Recommend
      CEO approval
      Business Outlook

      Pros

      Some of the benefits are ok.

      Cons

      Contact shifting narratives. Disorganized, tries to squeeze as much as possible for low raises and increased workload.

      Viewing 406 - 408 of 2,100 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,446 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.