LPL Financial reviews

3.4

55% would recommend to a friend

(2,091 total reviews)
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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 2,091 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
4.0
Mar 9, 2010

Intern at LPL

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

laidback environment good opportunity for learning and experience not much micromanaging, more focused on end-result

Cons

many busy work included too little supervision

2.0
Jan 19, 2010
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.

3.0
Nov 4, 2009

Lots of Potential

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

LPL seems to have vision about the growth of the company. Upper management works hard to implement programs for recognition. They know their business and have clear goals.

Cons

There is not alot of clear communication from upper management about the direction of the company. Also there are multiple operating systems within the company that do not communciate with each other and need to be updated. LPL does not seem willing to invest the capital neccessary for cutting age technology.

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Glassdoor has 2,434 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.