LPL Financial
2.8 of 5 179 reviews
www.lpl.com San Diego, CA 1000 to 5000 Employees

179 Employee Reviews (View Most Recent)

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Flexibility for Seasoned Financial Advisors - some improvements still needed like everyone else

Financial Advisor (Current Employee)

I have been working at LPL Financial as a contractor for more than a year

ProsExtensive managed account programs
Huge bond inventories
Non proprietary products allows an advisor to be very competitive and not lose business to other firms
No pressure to meet targets
No forced retirement program
Lots of choices
You can market yourself
High payouts

ConsThe company is growing rapidly and so there are new people who don't always know the answer at home office.
Systems need some work like every other company out there.
It does take some time to figure out the easiest way of doing things and how to maximize the payouts.
Inexperienced advisors might have a hard time as LPL does not train.

Advice to Senior ManagementWatch how advisors work to improve their efficiency.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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3 people found this helpful  

Great company if you work under the right vice-president.

Clerk (Former Employee)
La Jolla, CA

I worked at LPL Financial as a contractor for less than a year


Pros: No age discrimination seen and the company seems to value experience. My initial vice-president was great. He was in his late 30s and very mature… Cons: Horrible parking if you are assigned to the plaza 2 building. Plaza 8 has no inside area to sit down and eat so you either… Advice to Senior Management: There are too many vice-presidents doing the work of supervisors. The vice-presidents should really be called supervisor… Yes, I would recommend this company to a friend More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
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  • Disapproves of CEO

 

stressful

Senior Administrative (Former Employee)
San Diego, CA

I worked at LPL Financial full-time for more than a year


Pros: none, this is a very bad company, I would NEVER… Cons: bullies, angry individuals, very disorganized and incompetent Advice to Senior Management: get new management No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

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