There are newer employer reviews for LPL Financial
There are newer employer reviews for LPL Financial

See Most Recent

Helpful (1)

Mixed

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Analyst in Charlotte, NC
Current Employee - Analyst in Charlotte, NC
Doesn't Recommend
No opinion of CEO

I have been working at LPL Financial full-time

Pros

Management is open to suggestions from employees and are approachable. Training opportunities to gain additional skill sets has been a focus over the last few years, due to employee feedback. Training is offered via various methods including virtual. Employee benefits have improved over the last several years.

Cons

Low paying salaries and nominal raises. Salaries are still not competitive in the marketplace Very limited growth and limited chances for advancement unless you are a friend with manager, a lot of favoritism. Most people that leave the company leave due to low pay, nominal raises, lak of advancement opportunities and frustrations over seeing people that are promoted in many cases due to friendships with managers. Many jobs going oversees and sourced out to consulting companies.

Advice to Management

Managers of staff should have people and management skills, as well as be good examples. Managers should conduct themselves in a professional manner at work and function related social unctions.

Other Employee Reviews for LPL Financial

  1. Helpful (2)

    Decent Place but Good Ole Boy System in place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Center Representative in San Diego, CA
    Former Employee - Service Center Representative in San Diego, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at LPL Financial full-time (More than 3 years)

    Pros

    Compensation was in line with competitors. The hours were nice (much of that product of the industry). Decent medical benefits

    Cons

    Nepotism and the good old boy system run rampant. The company is very top heavy- Some AVPs were actually doing the roles of a front line manager.

    Advice to Management

    Clean the management ranks with the same willingness that the individual contributor ranks are cleaned.


  2. Helpful (1)

    friendly co-workers, poorly managed company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Center Representative in San Diego, CA
    Current Employee - Service Center Representative in San Diego, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at LPL Financial full-time (More than 8 years)

    Pros

    Decent benefits, friendly co-workers and a decent place to learn.

    Cons

    low pay, horrendous operational problems/inconsistencies that create constant tension and the constant need to "put out fires", outsourcing, low grade facilities.

    Advice to Management

    I won't waste my time with that nonsense.


There are newer employer reviews for LPL Financial
There are newer employer reviews for LPL Financial

See Most Recent

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