LPL Financial reviews

3.4

56% would recommend to a friend

(2,096 total reviews)
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Rich Steinmeier

66% approve of CEO

57% positive business outlook

LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,096 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
3.0
Jun 13, 2016

not first corp job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Large company means solid name recognition within the industry and will be a player for the immediate future. Good to great people trying to do their job despite conflicted management

Cons

tough to advance unless "in" with the powers who promote

4.0
Jun 8, 2016

Financial

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Solid company. Good technology. Good management

Cons

Heavy compliance requirements and audits

1.0
Jun 8, 2016
Recommend
CEO approval
Business Outlook

Pros

Independent so myriad of investment choices. Variable Annuity tickets entered on the system, no IMO for fixed insurance products. Uses abbreviated version of DocuSign. Client statements included assets held away (annuities or mutual funds).

Cons

Service, service, service. I am a SoloPreneur, so I personally dealt with the call center in Charlotte, NC. (Maybe if I was a bigger producer I would have gotten better service, but my OSJ was larger producer...) They were nice but rarely knowledgeable, and system was not self-service oriented, so every time I got a notification on something, I couldn't fix it myself, I had to call in and deal with folks. Can't even cancel a mutual fund order on the system before closing bell. Very frustrating. Had a security breach and service issues affected clients, so I didn't want to repaper clients and leave, but am very happy with new B/D. I got so I would call 3 times and take best two of three responses. (Even service center supervisors didn't call back.)

Viewing 1879 - 1881 of 2,096 Reviews

Glassdoor has 2,439 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.