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
2.0
Jul 18, 2019

Treat people better

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Quick hiring process Nice buildings including gym

Cons

Old timer managers feel they own the company and it's the old adage, my way or highway.

3.0
Apr 20, 2019
Recommend
CEO approval
Business Outlook

Pros

People are friendly but bless their heart they have no clue what they are doing because of the lack of training.

Cons

Back Office Reps aren't trained well and often give you the wrong info. Technology is so way behind everyone else in the industry. You're better off working in a wire house because independent firms are rather cheap in all aspects. LPL spent so much money on the new system ClientWorks and they had to make so many corrections and even brought back the old system because the new one wasn't working properly. As a result of the lack of knowledge and help, our team left LPL and went to another independent B/D. In fact other teams from LPL are here as well so that says something. Intranet is horrible and hard to navigate. No employee Directory!!!!!

4.0
Mar 9, 2019

Very Political Environment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pays well at senior levels

Cons

High turnover at senior levels Internal Politics

Viewing 277 - 279 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.