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      LPL Financial

      Engaged Employer

      LPL Financial reviews

      3.4

      56% would recommend to a friend

      (2,090 total reviews)
      avatar

      Rich Steinmeier

      67% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      LPL Financial has an employee rating of 3.4 out of 5 stars, based on 2,090 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

      Unhappy place until the IPO

      Assistant vice president
      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.

      1.0
      Dec 9, 2009

      Would rather chew on aluminum than go back to work there...

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great for advisers - they get whatever they want when they want...

      Cons

      Very few graduate (or even college) degrees in senior management = very low competency level, it's hard to have faith in management when you can do a better job yourself...pay is horrendous, raises were running at 1% tops when I left (and this was during the "good" years!), options were handed out to cronies willie-nilly over the years, and when the company was bought out by TPG the better employees received nothing while the laggards were getting paid upward of $200K each when they were bought-in...the list just goes on and on and on...

      Viewing 2068 - 2070 of 2,090 Reviews
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      ReviewsLPL Financial reviews

      Glassdoor has 2,433 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.