LPL Financial reviews

3.4

56% would recommend to a friend

(2,098 total reviews)
avatar

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 2,098 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 6, 2019
Recommend
CEO approval
Business Outlook

Pros

Great campus including awesome cafeteria. Business casual, comfortable, vibrant atmosphere. Good to their employee and encourage internal growth.

Cons

Although LPL encourages internal growth, they have promotion compensation cap of like 6 or 8%. So it pushes employees to leave the company just to get compensated their worth within a position. Ex. You start their making $50k. Eventually get promoted. Since you are only allowed to get an additional 6% you now make $53k. However, if they hire someone off the streets for this role they may hire them at $80k (the positions worth)

4.0
Dec 10, 2018

Former Employee

Recommend
CEO approval
Business Outlook

Pros

Average pay, PTO, benefits.

Cons

Typicall big company that can make employees feel like a number on a spreadsheet. When times are good teams are well staffed and work is manageable. During leaner times company will be focused on budgets and teams will be understaffed which leaves remaining employees extremely overworked.

1.0
Oct 19, 2018

They favor employees

Recommend
CEO approval
Business Outlook

Pros

Nice building, nice gym facility

Cons

-micromanagement - no rewards -all about the metric system

Viewing 274 - 276 of 2,098 Reviews

Glassdoor has 2,442 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.