Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      LPL Financial

      Engaged Employer

      LPL Financial VP, Software Development Manager reviews

      2.5

      38% would recommend to a friend

      (90 total reviews)
      avatar

      Rich Steinmeier

      58% approve of CEO

      54% positive business outlook

      Ratings by demographic groups

      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
      3.0
      Mar 28, 2010

      Great People - Horrible Pay

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      I have worked at LPL for almost 8 years and have had a certain amount of success mostly due to my immediate managers and coworkers. I have worked my tail off and have consistently been recognized with promotions and additional responsibility.

      Cons

      What I haven't received is any significant raise, bonus or other benefits. The firm has been talking about going public for 10 years as if that would benefit those of us who do the day to day heavy lifting. So far no one but the senior executives has gotten anything. In fact they cut 401k matches while giving themselves additional shares. All while asking us to do more for less. It's insane.

      2.0
      Jan 19, 2010

      Unhappy place until the IPO

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      For many, it's really the economy at this point... the environment is very stressful. Over the last few years, since the founders took their buyout and equity firms bought in, the culture has changed dramatically, and the pressure to produce financial results has trumped most everything - including providing service to advisors.

      Cons

      See above... in mid-level management, we're under tremendous pressure (for essentially the last three years). Focus has shifted from service to profitabilitiy. Many key people have left as a result.

      4.0
      Mar 2, 2009

      Good Company within independent advisor space. They are positioned to emerge into 2010 and beyond as clear leader

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      LPL is a growth company among their peer group. They have experience 3 times growth over the last 3 years and should continue to grow following the 2009 recession. LPL as a firm is positioned to grow their independent model and RIA model by focusing their efforts on the recruitment of this space in 2009 and beyond.

      Cons

      With the expansive growth over the last few years LPL has experienced the normal output from Mergers and Aquisitions. The rapid growth has required fast paced hiring practices in the 2007 and 2008 timeframes which has resulted in low employe tenure and training issues.

      Viewing 88 - 90 of 90 Reviews
      Related searches: LPL Financial VP, Software Development Manager jobs | LPL Financial VP, Software Development Manager salaries | LPL Financial benefits | LPL Financial interviews | LPL Financial conversations
      LPL Financial reviewsLPL Financial VP, Software Development Manager reviews

      Glassdoor has 2,437 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.