LPL Financial reviews

3.4

57% would recommend to a friend

(556 total reviews)
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Rich Steinmeier

65% approve of CEO

58% positive business outlook

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556 reviews

Reviews about "Compensation"

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5.0
Jul 1, 2022
Recommend
CEO approval
Business Outlook

Pros

Flexible. Each advisor works out of their own office, not a big office environment.

Cons

Looking for higher pay for amount of years in the industry.

1.0
Jun 29, 2022
Recommend
CEO approval
Business Outlook

Pros

- Will hire externally or internally for front office finance type roles without the typical ivy education / bulge bracket experience - Encourages internal mobility - Pre-pandemic, lots of great young professionals to grow your network - Lots of work to pick up and gain experience

Cons

- The company values etiquette over results - The level of detail on PowerPoint slides that middle and upper management want is pathetic. If your VP or under, be prepared to spend long nights doing insignificant PowerPoint edits - SVP+ act like they are more important than they are (Not all but most) - Lots of Inexperienced managers that tend to be indirect and micromanage - High employee turnover especially in finance. Personable/smart people leave - Company will tell you rapid-growth and pay is “at market” but really this means you will work more for flat pay - Promotion pay is laughable for the effort it will take to earn it - The company is viewed as a low tier financial firm to front office finance professionals Advice: Use LPL as a stepping-stone, cherish the time with your manager if he/she is good, and pay close attention to the management turnover

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