LPL Financial reviews

3.4

57% would recommend to a friend

(557 total reviews)
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Rich Steinmeier

65% approve of CEO

58% positive business outlook

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557 reviews

Reviews about "Compensation"

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1.0
Aug 25, 2025

Acquire to Grow w/ No Vision

Recommend
CEO approval
Business Outlook

Pros

Great 401k match (8% matches 7%)

Cons

Pay is not competitive. Ranges are misguided. Actual pay falls generally in 75th percentile. Sub-par COL adjustments and low bonuses. Large number of employees in management roles are not trained in those positions. Lots of talk of AI/ML development that is not actual AI/ML. Too many products being developed or maintained. Poor architecture. RIF in December 2024 at the same time they promoted Managing Directors.

1.0
Aug 23, 2025

Going Downhill Fast.

Recommend
CEO approval
Business Outlook

Pros

- The people you work alongside are the only real positive. Many coworkers are talented, supportive, and genuinely good to collaborate with.

Cons

- A “this is how we’ve always done it” mentality that discourages innovation - Noticeable decline in culture and overall direction since the CEO change - Decisions consistently prioritize shareholders over employees - Very limited career growth opportunities - Minimal benefits compared to industry standards - Outdated technology stack that slows progress - Workloads that are often unrealistic and unsustainable - Increasing push for more in-office days, reducing flexibility - Extremely low bonus of only 1%, given in lieu of raises

Viewing 49 - 51 of 557 Reviews

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