LPL Financial Reviews | Glassdoor

LPL Financial Reviews

Updated February 12, 2019
636 reviews

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3.0
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LPL Financial CEO Dan Arnold
Dan Arnold
78 Ratings

Employee Reviews

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More Pros and Cons

  1. "Associate Service Consultant"

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

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

    Pros

    Wonderful training to prepare you for job.

    Cons

    Fast paced call center work


  2. "Great company, great pay, good people, long drive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Operations Specialist in Fort Mill, SC
    Current Employee - Senior Operations Specialist in Fort Mill, SC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LPL Financial full-time (More than 5 years)

    Pros

    Benefits, pay, atmosphere, opportunity for advancement, employee development programs, training, for mill campus amenities

    Cons

    Long commute, pay increases, workload, burnout, micromanaged, unorganized, political favoritism

    Advice to Management

    Listen to front line staff and actually implement reasonable requests, hire and increase pay based on employee ability rather than who knows who, incorporate more work from home positions, explain pros and cons of working in sc and living in nc to all employees, be transparent and honest about internal business.

  3. "Customer service"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Amenities are a huge plus. The gym is fanrastic.

    Cons

    Unorganized with training and knowledge base.


  4. "Registered Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LPL Financial part-time

    Pros

    Receive hands on experience with clients, grow as a financial professional with new skills and financial knowledge

    Cons

    no cons to speak of


  5. "Great work life balance"

    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 (More than 3 years)

    Pros

    work life balance, flexible schedules, routine time off policy

    Cons

    compensation not aligned with what management philosophy preaches


  6. "Good jumping off platform"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Operations Specialist
    Current Employee - Operations Specialist

    I have been working at LPL Financial full-time

    Pros

    Very good cafeteria and house staff

    Cons

    Below average pay and promotions are scarce


  7. "LPL Working Experience"

    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 5 years)

    Pros

    Good Salary, Good Morale, Friendly Environment. Good Benefits.

    Cons

    Not much room for growth in Customer Service or Operations.

    Advice to Management

    Open up more opportunities for advancement.

  8. Helpful (2)

    "Unfair treatment by management and HR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Ops Specialist in Fort Mill, SC
    Current Employee - Ops Specialist in Fort Mill, SC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    The job is easy.

    Cons

    There is outright discrimination and it's noticed by everyone. They groom who they would like in certain positions even though there are more qualified people. They tend to have different rules for different people and HR just covers it up. They nickle and dime you on pay raises and you're constantly worry if you are gonna be taken off track to stop you from getting that 1% raise.

    Advice to Management

    Diversity is a good thing if you use your talent no matter the race. You can't change the culture if you don't change the managers who are actively discrimnating.


  9. Helpful (3)

    "Atmosphere is Always Changing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service 360 Representative in San Diego, CA
    Former Employee - Service 360 Representative in San Diego, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at LPL Financial full-time (More than 5 years)

    Pros

    A lot of helpful resources to find answers to common inbound questions and also procedures.

    Pretty laid back work environment. Most of the management teams are very easy to speak to, and are very helpful if you need anything.

    Multiple events throughout the year to encourage positive morale (Ice cream social, holiday parties, health and wellness fair, etc.)

    Cons

    Communication is not always the best between different departments.

    Some of the systems have glitches, and periodically break down or are not accessible due to maintenance.

    If you work in the service department, get used to getting yelled at by the financial advisors, and then getting push back from operations.


  10. Helpful (3)

    "Bad corporate culture does not promote collaboration"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Fort Mill, SC
    Former Employee - Manager in Fort Mill, SC
    Approves of CEO

    I worked at LPL Financial full-time (More than 5 years)

    Pros

    Good pay great working surroundings provides good tools

    Cons

    Does not promote to next level dose not collaborate on changes

    Advice to Management

    Look at experience and stop the management bullying