LPL Financial Reviews | Glassdoor

LPL Financial Reviews

Updated August 17, 2017
514 reviews

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3.2
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LPL Financial CEO Dan Arnold
Dan Arnold
21 Ratings

514 Employee Reviews

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Pros
Cons
  • Drive home takes forever but its San Diego so what do you expect (in 16 reviews)

  • Even Upper Management gets disgusted with the way this area is run (in 14 reviews)

More Pros and Cons

  1. "Nice"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LPL Financial full-time

    Pros

    Good place to start off.

    Cons

    Low Pay compared to rest of industry.


  2. "Past its heyday"

    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

    Depending on what department you work in, you could have a great working experience or a terrible one.

    Cons

    Constant turnover of management, frequent changes in business acquisitions and development of products

  3. "Associate Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Diego, CA
    Current Employee - Anonymous Employee in San Diego, CA
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The people you work with is the best. The potlucks are great.

    Cons

    Few opportunities of career development.


  4. "Great resume builder, but culture needs overhaul"

    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

    Experience to build resume; new facilities;

    Cons

    Hires unqualified candidates; have to play politics to move up; believes they are "employer of choice", but doesn't actually care about the employee

    Advice to Management

    Treat employees fairly (not equally); promote based on performance and not politics; be transparent (i.e. don't spin a communication); if a position requires advanced Excel skills, require a basic Excel prerequisite to get hired; actually write something on an employees annual review


  5. "Investment Management Consultant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LPL Financial full-time

    Pros

    Independent means lots of choices of products for clients.

    Cons

    On your own as far as growth. No accounts come your way like at Merrill or UBS.

    Advice to Management

    Better service/Better technology


  6. "Consultant"

    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 company culture, trying to become more innovative, great top level executive leadership.

    Cons

    Middle management has boss mentality not leader mentality.


  7. "Overall LPL is Good"

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

    I have been working at LPL Financial full-time

    Pros

    The people here are great, along with the facilities.

    Cons

    May be a bit biased towards the Fort Mill locations.

    Advice to Management

    Try to retain the employees in San Diego and pay is below market standards.

  8. "An awesome experience all around"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Center Representative in La Jolla, CA
    Current Employee - Service Center Representative in La Jolla, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    It's a great environment to work in, everybody is friendly and you get alot of specialized knowledge

    Cons

    Traffic is the worst way to start and end a day. Be mindful of that. :)

    Advice to Management

    Hire the contingency workers.


  9. Helpful (1)

    "Decent Experience and Resume Builder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Service Associate in San Diego, CA
    Former Employee - Senior Service Associate in San Diego, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Friendly coworkers
    Great experience and introduction to the financial industry
    Great benefits package
    Flexible hours

    Cons

    Constant change. Misinformation is rampant
    Management is often inept
    Structure is often missing


  10. "customer service rep"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LPL Financial full-time

    Pros

    absolutely friendly environment sometimes overtime required

    Cons

    no cons great job


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