Welcome to LPL Financial
LPL Financial is the nation’s largest independent broker-dealer*, a top RIA custodian, and a leading independent consultant to retirement plans. But, more than that, our organization is known for our strength and stability, a great reputation in the industry, an exceptional compliance record, and excellent customer service. All these attributes have translated into vibrant growth.
To really understand who we are, it’s important to know what we believe: that objective financial guidance is a fundamental need for everyone. That’s how we enable our customers to focus on what they do best—create the personal, long-term client relationships that are the foundations for turning life’s aspirations into financial realities. With the support of LPL Financial, thousands of financial professionals manage billions of dollars, enabling their clients to fulfill their dreams.
Because our company is not too big and not too small, you’ll have the opportunity to make a genuine impact on our organization. You will also play a key role in our continuing growth, as you expand your knowledge and skills.
What We Do
At LPL Financial, we achieve success by helping our customers succeed. It’s a simple business model with a singular focus: enabling our customers to create and grow highly profitable businesses by providing them with the services and tools to meet the needs of their clients.
As the nation’s leading independent broker-dealer*, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services to more than 13,000 financial advisors and approximately 680 financial institutions. We also support more than 4,000 other financial advisors with customized clearing solutions, advisory platforms, and technology.
We’ve told you what we do for our customers, but what can we do for you? We’ll provide you with a work environment that encourages your creativity and growth, a leadership team that’s supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
*As reported by Financial Planning magazine, June 1996-2014, based on total revenue.
We believe that objective financial guidance is a fundamental need for everyone. We enable our customers to focus on what they do best—create the personal, long-term client relationships that are the foundation for turning life’s aspirations into financial realities.
Our work makes a difference. That is why we share a passion for doing it ethically and exceedingly well.
Because we have a clear focus and we are empowered to deliver results, we see every day that we are creating something special together.
We respect and support each other, our customers, and our communities.
Whether supporting a financial advisor, a program manager at a financial institution, or a broker/dealer using our customized clearing services, LPL Financial enables our customers to create and grow highly profitable businesses by providing them with the services and tools to meet the needs of their clients.
- Our customers are the most important people to our company.
- Our customers are not an interruption of our work. They are the purpose of it. Every day, we appreciate the opportunity to earn their business.
- Our customers share our commitment to excellence and encourage us to innovate.
- We are 100% committed to our customers’ growth, passionate about their success, and exceedingly proud to be their partner.
- Our customers rely on us to help them prosper. It is our job to do so profitably.
Diversity and Inclusion
LPL Financial strongly values a diverse workforce. Our mandate is to focus the entire organization on the benefits of a culturally diverse workforce that reflects the diversity in our customers and in our community. We believe this enhances our company’s strong corporate culture that is grounded in respect, openness, motivation, and teamwork, thereby assuring our ability to be responsive to one another, our customers, and their clients.
If you have an entrepreneurial spirit, a passion for service excellence, and the need to excel, then you share our philosophy at LPL Financial. That’s why by joining forces, we can achieve success that’s exponential. Employment areas include:
If you are a Finance professional who would enjoy the challenge of a career with a visionary industry leader, then LPL Financial may have a job that’s right for you. Finance plays an instrumental role in the management and performance of our organization by managing the analytics and reporting of the company’s financial information, as well as aligning closely with business units to provide strategic financial data and insight.
The members of our Finance team are located primarily in San Diego and have a broad range of responsibilities, including using financial analysis and metrics to support corporate decision making and handling accounting and tax matters for the company. The Finance team prepares financial reports to support LPL’s public company status and regulatory reports. Finance also supports capital management and planning, including managing the LPL Financial debt portfolio and all bank relationships and services.
Governance, Risk and Compliance
When you opt for a career in Risk Management and Compliance at LPL Financial, you will be making a contribution that is vital to the success, stability, and future of our organization. Our crucial functions are to identify, assess, analyze, and control risk that affects every aspect of our business. This includes ensuring compliance with all internal and external standards and regulations, and encompasses a wide range of activities.
If you’re looking for a career that offers a fast-paced, changing environment and the opportunity to make a positive impact organization wide, then consider a future in Human Capital with LPL Financial. Human Capital touches all aspects of our employees’ work lives from talent acquisition strategies and the design and implementation of competency-driven management development initiatives to real estate and workplace design strategies and development of the core messages that contribute to the creation of our culture and alignment to our goals.
In Human Capital, there is a great opportunity for our employees to be part of the solution in developing new processes, tools, and policies for LPL Financial and our employees. To succeed, you must have organizational agility, the ability to focus on strategy, and a willingness to be a hands-on worker. To qualify, candidates must be creative, energetic risk takers with lots of ideas that they can execute independently.
Why choose a technology career with LPL Financial? Because in many ways, our organization is as much a technology company as we are a financial company. In order to deliver excellence in financial services, we believe we must also deliver excellence in technology. As such, our Business Technology Services teams are focused on developing, essentially, the product of LPL Financial to our customers.
If you are an attorney who would enjoy working for a growing financial industry leader, then LPL Financial may be an ideal choice for your career. LPL Financial provides an uncommon in-house practice: legal work that is sophisticated and highly meaningful to the firm in an environment that encourages individual initiative and professional growth. In addition to hiring practicing attorneys with substantive expertise in a particular field, we seek paralegals with strong relevant experience and administrative assistants capable of efficiently supporting and administering the work of the department.
The nature of the in-house practice at LPL Financial provides constant opportunities for professional growth. Attorneys are encouraged to assume responsibility, exercise judgment, and stay abreast of developments affecting their practices. Candidates should be articulate, professional, and have strong interpersonal skills. Our in-house lawyers frequently interact with internal constituencies and outside counsel and also represent the firm to customers, regulators, and other stakeholders.
Would you enjoy the career challenge of helping advisors enable their clients to achieve their financial goals and life dreams? If so, you may find a satisfying future as a member of the LPL Financial Research team.
Research provides advice and guidance to advisors on a variety of different investment fronts: economy, markets, asset allocation, and products. Our goal is to be an extension of an advisor’s investment arm and provide them with the support they need on a variety of investment topics. We provide advice and guidance, client-approved publications, and trade-related information for advisors to use as they see fit.
Areas of employment include ASK Research, our service team that is the first line of contact with Research; quantitative analysts, who provide data and analytical support; and due diligence analysts, who provide initial and ongoing approval and/or recommendations across a variety of different product types. We also hire marketing and communications professionals and market, portfolio and investment strategists. If you are an independent worker and thinker and are motivated to do more, then you will have the opportunity to thrive in a Research career.
Sales & Marketing
Our Sales and Marketing area is responsible for the management, satisfaction, retention, and recruitment of independent advisors and financial institutions. With employees based in Boston, Charlotte, and San Diego, we ensure customers receive the programs, services, and support they need to run a successful practice.
If you are a sales or marketing professional looking for a career that provides satisfying challenges and opportunity for exciting growth, then LPL Financial is an excellent choice.
Service & Operations
A career in service and operations organizations requires an individual with several important qualities. First, you must genuinely enjoy working with people and helping them address issues and challenges. A strong customer-service focus, excellent communication skills, and superior problem-solving abilities are also essential. In addition, candidates must be outgoing, team-oriented, patient, methodical, and inquisitive. If these attributes describe you, LPL Financial can offer you an exciting future with excellent growth potential and multiple career paths. We have service and operations positions within a variety of groups.
LPL Financial is excited to offer a competitive benefits package that supports our colleagues and their families by providing programs that foster health, peace of mind, work/life balance, as well as support for your financial and social goals and commitments. We also provide outstanding professional development opportunities, enabling you to grow and flourish throughout the life of your career.
The following benefits are included in the LPL Financial benefits portfolio:
- Medical, dental, and vision benefits
- 401(k) Roth Savings plan
- Employee Stock Purchase Plan
- Dependent care flexible spending account
- Healthcare flexible spending account
- Paid time off and holiday benefits
- Volunteer time off
- Tuition reimbursement
- Life and AD&D insurance, plus supplemental life and AD&D insurance
- Short-term disability insurance
- Long-term disability insurance
- Parental leave benefits
- Adoption assistance
- Employee Assistance Program (EAP)
- Health advocate
- National Merit Scholarship program
- Employee/advisor referral bonus program
- Fitness center privileges
- Employee discounts
Disclaimer: Eligibility for benefits is subject to company policies and plan documents. In the event of any difference between this summary and official plan documents, the provisions of the plan documents will always prevail. LPL Financial reserves the right to change or modify the benefits offered.
At LPL Financial, we believe that a positive work-life balance is essential for career satisfaction, as well as business productivity. We feel that our people need to "recharge their batteries," so that they have the energy and perspective necessary for performance excellence.
We ensure that our colleagues have ample paid time off and holidays to enjoy with friends and families. In addition, we provide employee-friendly policies respectful of family and personal needs. And, we also offer other opportunities to all employees to balance work-life, such as employee discounts to events and venues and volunteer time off.
Just as we are always striving for continuous improvement in our business operations, we are also committed to improving the lives of our employees and providing an outstanding work environment. For example, in San Diego, we will be consolidating our operations in a new 415,000-square-foot office building, scheduled for completion in mid-2014. The new site will include two acres of park space surrounding a new 13-story office building. A full-service cafeteria with indoor and outdoor seating, a fitness center, and outdoor walking trails will offer convenience and support employee well-being.
LPL Financial strives to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, ancestry, sex, sexual orientation, genetic information, age, disability, marital status, or any other classification protected by applicable local, state, or federal laws.
Our Community Involvement
LPL Financial believes in giving back to the communities where our customers and employees live and work. As a caring corporate citizen, we're committed to improving people's lives, and in the process, enriching the lives of our team members, as well. We provide direct financial support to charitable organizations, offer matching gifts for LPL Financial advisor and employee contributions, and coordinate ongoing employee giving and volunteer activities. Initiatives include:
- Matching Gift Program - LPL Financial likes to support the charitable organizations that our employees like to support. That's why we provide a Matching Gift Program that matches up to $500 for eligible organizations (two contributions maximum).
- Employee Giving Campaign - During our fall employee giving campaign, we also provide a match up to $500 per employee donation. Employees enjoy the ease of payroll deductions to make their charitable contributions.
- Employee Volunteer Corps - A small group of employees serve as leaders within LPL Financial to champion community involvement by engaging employees in various volunteer activities. Members of the Employee Volunteer Corps plan and coordinate volunteer projects, and recruit volunteers to increase our impact in the local community.
- Volunteer Time Off - Each year, LPL Financial employees contribute hundreds of hours of their time to help people in our local communities.To further support this great work, all employees receive 16 hours of volunteer time off each year to perform the charitable activity of their choice-whether for LPL Financial-sponsored events or independent volunteer efforts for a school or nonprofit agency.
LPL Financial is dedicating to helping at-risk individuals become economically empowered and achieve their life's aspirations by providing philanthropic and volunteer support in three main focus areas:
- Education - Our organization tries to help youth get on the right path and stresses the importance of education in attaining career success. LPL Financial provides guidance to students, like hosting our Explore Your Future event, where students visit our office to learn why it's important to stay in school, and how to be successful in life.
- Career Skills - Through mock interviews, resume writing, and helpful tips and tools, LPL Financial volunteers help prepare community members for employment opportunities and long-term economic sustainability.
- Financial Literacy - By teaching financial education classes and workshops, LPL Financial volunteers help teach students the fine art of being financially stable and managing their economic futures.
LPL Financial's leadership team is extremely committed to giving back to the community. Leaders are engaged in community efforts by serving as board members for charitable organizations, and volunteering alongside employees at community events.
To keep our LPL Financial growing and vibrant, we visit campuses to recruit the best and brightest students who are interested in finding a job with an innovative industry leader recognized for innovation and achievement. We're looking for new graduates who embrace the LPL entrepreneurial spirit, who welcome change as a means to growth, who want to make an impact and not just make a living.
Our campus recruitment efforts include interacting with campus career centers, which involves conducting mock interviews, reviewing resumes and providing campus educational sessions. We also connect to student organizations through networking sessions, resume reviews and educational speaking/Q&A sessions. In addition, we partner with Colleges of Business by setting up info tables, attending special events and making educational presentations in the college classroom setting.
Once a graduate becomes a new member of our talented professional team, we provide exceptional training, excellent resources, outstanding coaching, and a career development planning program that lays the foundation for career achievement.
LPL Financial is a dynamic organization built around smart, innovative, and results-driven people. Our people welcome change as a means to continuous improvement. They understand that collaboration is the key to success. And they embrace our mission, our values, and our Commitment Creed, which underscore our strong customer focus.
We're more than a company, we're a family of dedicated professionals passionate about what we do and poised for continuing growth. Here, our employees are empowered to make a genuine impact and watch the fruits of their labor take root. Just as we are invested in our colleagues' success, they are invested in ours. More than that, they are proud to be working for a respected industry leader who genuinely values their contributions.
Assistant Vice President
Business Technology Services
"The world is yours at LPL Financial! If you desire to learn or advance, the company offers several classes for business and professional growth. I started out filing papers and 13 years later, I am an Assistant Vice President."
Assistant Vice President
Clearing and Compliance Services
"It's vital that LPL Financial fosters collaboration and teamwork. This truly contributes to positive outcomes. The most satisfying aspect of my work is collaborating with various folks around the firm to roll out a successful product."
Clearing and Compliance Services
"At LPL Financial, there's so much growth potential, and it's an all-around great place to work. The online learning exchange is amazing. It allows you to sign up and take courses that will assist with your job careers and goals."
Senior Service Center Representative
Clearing and Compliance Services
"LPL Financial allows each of us to make an impact by empowering us in our jobs. We have the ability to assess a situation and make decisions without always getting a manager involved. As an employee, this makes me feel valued and trusted."
Senior Vice President
Advisor and Institution Solutions
"It has been my experience that the opportunities for learning, professional growth, and advancement are unlimited at LPL Financial. The company takes the development of its internal people very seriously and actively works to place folks in positions of opportunity to realize their full potential."
Home Office Specialist
"The company culture has a strong focus on work/life balance. It is encouraged to work hard and push to achieve great things while maintaining a healthy and fulfilling personal life."
Advisor and Institution Solutions
"LPL Financial offers a variety of career development opportunities; they will pay for securities license education and reimburse for college classes. And because the company has so many career opportunities, it is easy to expand your knowledge and try different career paths."
Advisor and Institution Solutions
"The most rewarding thing about this job is each and every day you are working with someone that has made the very brave step of building their own business. I help men and women build a practice based on their value, their brand, and their reputation. How cool is that?"
At LPL Financial, our people are the best in the business
We’re extremely proud of our people at LPL Financial and appreciate their vital contributions to our success. That’s why it is especially nice to see our employees receive recognition that reflects their skill, professionalism, and commitment to excellence.
LPL Financial Photos
- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at LPL FinancialPros
Great company culture, supportive colleagues, opportunities for growth and learning.Cons
Some work becomes monotonous and important decision making can be a drawn out process.RecommendsPositive OutlookApproves of CEO
Getting an Interview
Getting an Interview
- Application Details
I applied through an employee referral – interviewed at LPL Financial in February 2015.Interview Details
Several interviews with senior executives. I am at this point just trying to complete words so that I can get a profile to search for jobs. I hope this is enough words so that I will be able to move onto the next step in this arduos process.Interview Questions
Declined OfferNeutral ExperienceDifficult Interview
- An example of aproject that I completed. Answer Question
LPL is one of the nation's leading financial services companies and a publicly traded company under ticker symbol LPLA. Supporting more than 17,000 financial professionals, we enable advisors to focus on their clients by reducing the complexity of running their practice, and we support their business by offering integrated technology, comprehensive clearing and compliance services, practice management programs and training, and independent research.
We believe that objective financial guidance is a fundamental need for everyone. We enable our clientsto focus on...