LPL Financial reviews

3.4

56% would recommend to a friend

(2,090 total reviews)
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Rich Steinmeier

67% approve of CEO

57% positive business outlook

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
3.0
Apr 20, 2009
Recommend
CEO approval
Business Outlook

Pros

Entry into financial services industry. Work in an office, good benefits. Potential stock options for promised IPO that will happen "someday".

Cons

Limited career possibilities, limited income potential.

4.0
Mar 2, 2009
Recommend
CEO approval
Business Outlook

Pros

LPL is a growth company among their peer group. They have experience 3 times growth over the last 3 years and should continue to grow following the 2009 recession. LPL as a firm is positioned to grow their independent model and RIA model by focusing their efforts on the recruitment of this space in 2009 and beyond.

Cons

With the expansive growth over the last few years LPL has experienced the normal output from Mergers and Aquisitions. The rapid growth has required fast paced hiring practices in the 2007 and 2008 timeframes which has resulted in low employe tenure and training issues.

2.0
Feb 7, 2009
Recommend
CEO approval
Business Outlook

Pros

You will have a job. If you are lazy and don't care about advancement then you will fit right in.

Cons

LPL is In the middle of a hiring and pay freeze. Talent is not rewarded. Recent reduction in workforce has caused more work for everyone. Communication is horrible among different departments. They cut just about every good benefit. No more education assistance, 401k matching, holiday parties, or lunches paid for by LPL. Also, they micro-manage the heck out of you and good ideas NEVER get implimented.

Viewing 2080 - 2082 of 2,090 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.