LPL Financial Reviews | Glassdoor
LPL Financial Reviews
Companies
  • Jobs
  • Companies
  • Salaries
  • Interviews

    LPL Financial Reviews

    Updated October 11, 2018
    618 reviews

    Filter

    Filter

    Full-timePart-time
    3.1
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    LPL Financial CEO Dan Arnold
    Dan Arnold
    68 Ratings

    618 Employee Reviews

    Sort: PopularRatingDate
    Pros

    • "LPL tries on the work life balance" (in 29 reviews)

    • "It is a diverse work environment and they provide various learning opportunities throughout the year" (in 30 reviews)

    Cons
    More Pros and Cons

    1. "great company"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Customer Service Representative in Fort Mill, SC
      Current Employee - Customer Service Representative in Fort Mill, SC
      Recommends

      I have been working at LPL Financial full-time (Less than a year)

      Pros

      great work life balance, management is available and development forward. Culture is welcoming!

      Cons

      none. none as of yet.

    2. "Sr Analyst"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at LPL Financial full-time

      Pros

      Great building and environment, nice people

      Cons

      Lower pay, less attractive, many people come and go

      3. Join the LPL Financial team
      See Our Latest Jobs

    3. "Good company with growing pains"

      StarStarStarStarStar
      • 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
      Recommends
      Positive Outlook
      Approves of CEO

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

      Pros

      I worked with some fantastic committed people. New CEO Dan Arnold seems to have a better understanding of what needs to be done.

      Cons

      Rapid growth of LPL's advisors and so many regulatory changes and new technology systems made it difficult to train new people fast enough so we were always apologizing to the reps for not being able to do our job as well as we would have liked to.

      Advice to Management

      LPL is in the service business, all of the front line service employees are giving their all to support the advisors as best they can. At some management levels it appears there is not a good understanding of the real needs of the advisors. Many have told me they wish management would spend some time in their offices out in the field to better understand their challenges.

    4. Helpful (1)

      "Overall, Good"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at LPL Financial full-time

      Pros

      Very innovative company. Tech-Savvy. Lots of events for advisors to go to

      Cons

      Back office is a mess. Compliance is hard to deal with. Lots of fees.

      Advice to Management

      Pro-rate the fees, instead of hammering young advisors with more fees than they are bringing in. Train you lower level employees better.

    5. Helpful (1)

      "Service Center"

      StarStarStarStarStar
      Former Employee - Anonymous Employee in Boston, MA
      Former Employee - Anonymous Employee in Boston, MA

      I worked at LPL Financial full-time (More than a year)

      Pros

      Salary, location, building, and location

      Cons

      micromanagement, no flexibility, discrimination towards females

    6. "Excellent Company"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Associate Service Consultant in Charlotte, NC
      Former Employee - Associate Service Consultant in Charlotte, NC
      Recommends
      Neutral Outlook
      No opinion of CEO

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

      Pros

      Flexible, Gain Experience, Regular Business Hours

      Cons

      Politics, lack of training, favoritism

    7. "Mixed Bag"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at LPL Financial full-time

      Pros

      Lots of learning opportunities. Lots of growth opportunities.

      Cons

      Employee morale was incredibly low across the spectrum. High rate of turnover among the management team in my department. Was a very challenging environment to work in.

    8. "junior financial adviser"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at LPL Financial full-time

      Pros

      great training program to help career

      Cons

      tough to start out as an adviser

    9. "Large company with a lot of employee resources"

      StarStarStarStarStar
      Current Employee - Senior Operations Specialist in Cornelius, NC
      Current Employee - Senior Operations Specialist in Cornelius, NC

      Pros

      Large company with opportunity to grow

      Cons

      Management and the new location

    10. "Good Place to work at"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at LPL Financial full-time

      Pros

      LPL tries on the work life balance. They LOVE halloween! Managers are good, and generally look out for you.

      Cons

      Some of the coworkers are the worst. HR can't seem to get rid of them. They simply get passed around to other parts of the company if they are bad employees.

    Showing 618 of 699 reviews
    Reset Filters