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      LPL Financial

      Engaged Employer

      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

      Ratings by category

      3.9

      Diversity & inclusion

      3.5

      Work/Life balance

      3.4

      Culture & values

      3.3

      Career opportunities

      3.2

      Compensation and benefits

      3.0

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      1.0
      Jun 12, 2017

      AVP - Marketing Regulatory Review

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits and flexibility. I worked for a great team for the first 2 years of my time at LPL, then management changed. If you get in with a great team and managers, LPL is a great place to work.

      Cons

      New management of dept has no legal or chief compliance officer experience and are severely lacking in subject matter expertise required for their roles. Years of experience, in their opinion, can be taught in 2 months as they hire people who have never worked in a specialized area of compliance. It was the first time in my career that a lawyer or CCO was not my boss.

      2.0
      Mar 16, 2017

      Company changing; stock price over Employees and Advisors

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great facilities; fantastic Advisors; financially stable (for now)

      Cons

      Company used to be very balanced between the welfare of the Advisors and the welfare of the employees. Since going public, every year the company becomes less concerned about the welfare of the Advisors and employees, and more concerned about the performance of the stock. Stock compensation of senior leadership has led to a focus on maximizing short-term success over long-term stability and growth. Average tenure is on the decline, and the last time that happened it led to a lot of challenges for the company. This used to be a company you wanted to stay with long-term, but now it's become a step on the ladder to a better company.

      Viewing 163 - 165 of 2,094 Reviews
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      ReviewsLPL Financial 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.