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 149 reviews)); "The culture is great though at times chaotic" ((in 115 reviews)); "Good growth potential and work/life balance" ((in 95 reviews)); "Growth opportunities for "some"" ((in 43 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 124 reviews)); "Poor management team that micro manages to much." ((in 94 reviews)); "Senior leadership more interested in self glorification." ((in 48 reviews)); "No training whatsoever." ((in 47 reviews)); "Some managers have no experience" ((in 45 reviews))

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LPL Financial

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

Ratings by category

3.1

Diversity & inclusion

2.9

Work/Life balance

2.8

Compensation and benefits

2.4

Career opportunities

2.3

Culture & values

2.2

Senior management

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

90 reviews

1.0

Jan 28, 2025

Meat Grinder High Layoffs

Vice president

Recommend

CEO approval

Business Outlook

Pros

Employee stock purchase plan and benefits

Cons

Decision making is made at the highest levels without input from the teams/leaders doing the work. This leads to whiplash staffing decisions (expand and build a new team… next quarter why are you unprofitable… two quarters later lay off the same or more people). Business units are rotated annually among Managing Directors and executives which means they must spend a year learning the business and then the cycle repeats. Insufficient funding for tools to get the work done or to meet objectives.

1.0

Jan 10, 2025

Fantastic Place to Work If You Value Mediocrity and Lack of Vision

Assistant vice president

Recommend

CEO approval

Business Outlook

Pros

Paychecks deposited on time, most employees know their goals by the middle of the year, Halloween party is really fun!

Cons

"Be great from anywhere" abruptly shifted to "return to office" with a confusing and frustrating mandate that could be interpreted differently by each business unit. Business units that wanted to outsource or hire friends chose more aggressive RTO plans that isolated and disengaged team members who were hired as remote. Technology is outdated and not prioritized. "Digital transformation" and "Agile" projects fizzle out because leadership fails to define goals and success metrics, or changes focus before team-defined goals are met. Product teams are really project managers, with no concern for user experience or underlying technology. Despite the relative youth of the firm, most new executive hires come from outdated/old-school companies and don't value innovation or new ideas. Recent layoffs focused on older team members and new hires are focused on junior roles.

3.0

Jan 6, 2025

Quickly growing for advisors, failing fast for employees

Vice president operations

Recommend

CEO approval

Business Outlook

Pros

Culture (has been) amazing Mission and values promote positivity Advisors are great

Cons

Culture on the decline Leaders are afraid to be wrong So focused on advisors, employees are suffering Low pay and long hours

Viewing 16 - 18 of 90 Reviews

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LPL Financial

LPL Financial VP, Software Development Manager reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Meat Grinder High Layoffs

Fantastic Place to Work If You Value Mediocrity and Lack of Vision

Quickly growing for advisors, failing fast for employees

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LPL Financial reviews FAQs

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