Is LPL Financial a good company to work for as a VP, Software Development Manager?

VP, Software Development Manager professionals working at LPL Financial have rated their employer with 2.5 out of 5 stars in 90 Glassdoor reviews. This is a lower than average score with the overall rating of LPL Financial employees being 3.4 out of 5 stars. Search open VP, Software Development Manager Jobs at LPL Financial now and start preparing for your job interview by browsing frequently asked VP, Software Development Manager interview questions at LPL Financial .

Does LPL Financial pay VP, Software Development Manager employees well?

VP, Software Development Manager professionals rate their compensation and benefits at LPL Financial with 2.8 out of 5 stars based on 90 anonymously submitted employee reviews. This is 13.3% worse than the company average rating for salary and benefits. Find out more about VP, Software Development Manager salaries at LPL Financial.

How happy are VP, Software Development Manager professionals working at LPL Financial?

38% of VP, Software Development Manager employees at LPL Financial would recommend their employer to a friend. This rating has decreased by 7% in the past 12 months. VP, Software Development Manager professionals have also rated LPL Financial with a 2.9 rating for work-life-balance, 3.1 rating for diversity and inclusion, 2.3 rating for culture and values and 2.4 rating for career opportunities.

What are the top reviewed jobs at LPL Financial?

Financial Advisor (134) , Analyst (46) , Vice President (45) , Manager (33) , Senior Operations Specialist (33) , Assistant Vice President (31) , Intern (31) , Customer Service Representative (30) , Administrative Assistant (29) , Senior Analyst (28) , Service Center Representative (24) , Associate Analyst (23) , Business Analyst (23) , Operations Specialist (22) , Service Professional (22)

What are the pros of working at LPL Financial according to real employee reviews?

"Good benefits and personal development resources" ((in 159 reviews)); "Great People to work with and for" ((in 140 reviews)); "The culture is great though at times chaotic" ((in 115 reviews)); "Good growth potential and work/life balance" ((in 92 reviews)); "Growth opportunities for "some"" ((in 44 reviews))

What are the cons of working at LPL Financial according to real employee reviews?

"Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any." ((in 129 reviews)); "Poor management team that micro manages to much." ((in 90 reviews)); "Some managers have no experience" ((in 47 reviews)); "No training whatsoever." ((in 44 reviews)); "Low salary based on my peers recent job offers in similar fields" ((in 44 reviews))

LPL Financial VP, Software Development Manager reviews

2.5

38% would recommend to a friend

(90 total reviews)

Rich Steinmeier

58% approve of CEO

54% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (90 reviews)

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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

4.0

May 27, 2022

Good place to work if placed on the right team

Assistant vice president

Recommend

CEO approval

Business Outlook

Pros

Great co-workers. Company cares about its employees. Excellent benefits. Good culture. Great leadership and vision at the very top. Company is growing even during the pandemic.

Cons

Pay is not nearly where it should be. A lot of politics. RTO is great if we actually felt we could take it. Never enough time and people end up taking way less vacation and then are overworked.

2.0

May 12, 2022

A broker platform I would stay away from

Vice president

Recommend

CEO approval

Business Outlook

Pros

At local level, they provide useful regulatory backbone to smaller independents who want to hang out their own brokerage shop shingle, and use LPL to clear trades and take care of regulatory matters.

Cons

ETF-centric mentality, and where they try to get tricky with alternative assets, they usually are high fee kick-backs to LPL and poor ultimate product choices. They claim independence and being unconflicted, but nothing makes it onto their platform without a fee retrocession to LPL. None of their own funds, per se, but lots of added model management fees in addition the wrap fees. Retail investors mostly still get suckered. Bull market shop that won't handle a real bear market well.

5.0

Mar 29, 2022

Good

Vice president

Recommend

CEO approval

Business Outlook

Pros

Empathy Great vision , servant leadership

Cons

Frequent leadership changes constant funding model practice

Viewing 46 - 48 of 90 Reviews

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LPL Financial

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Good place to work if placed on the right team

A broker platform I would stay away from

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