LPL Financial reviews

3.4

55% would recommend to a friend

(2,094 total reviews)
avatar

Rich Steinmeier

66% approve of CEO

56% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,094 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 1, 2014
Recommend
CEO approval
Business Outlook

Pros

The people you work with can be great. Fun atmosphere if you're not a call center agent. Halloween, they go all out, it's fun!

Cons

The company only cares about how much money you can make them, They will outsource your job if it is more cost effective, and yet the SVP's and above will consistently get their 23% bonus each year like clockwork, if you're part of the click.

2.0
Jun 28, 2014
Recommend
CEO approval
Business Outlook

Pros

LPL has a great group of very smart and knowledgable people

Cons

LPL treats its employees, at all levels, as merely workers who need to get the work done no matter what. There is no emotion, no feelings, no consideration for how the staff members are doing. Its a tough place to work, and the technology and compliance with their model struggles tremendously.

2.0
May 20, 2014

Something's Amiss

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

What I love most here is the flexibility I have in working from home. Nearly a year after I started working here my manager allowed us to select set work from home days for each week. I also notice that if there are ever times when I need the flexibility to work from home for work-life balance reasons, it's never an issue. As long as I am dependable and am able to get my work done they're fine with it. My department also does a great job in investing in the development of employees. Every year there is budget set aside to send team members to conferences, workshops and training. I've been able to take advantage of these opportunities and have been better off for it.

Cons

The culture here is a bit off to me. Leadership isn't really in tune with employee needs. I will say that every year a great attempt is made to really understand the employee and to create a better environment, but it never seems organic and employees have a hard time buying into it. Feedback can be very one directional here. In past years on my team the leadership team is responsible for providing feedback about my work and how I've partnered with them, but I've never been asked the same... even though I've brought this up multiple times. The message here is that my input isn't really valued. This sometimes feels like the theme here.

Viewing 97 - 99 of 2,094 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.