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LPL Financial

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LPL Financial

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LPL Financial Reviews

Updated Aug 16, 2022

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Found 1,230 of over 1K reviews
3.8
74% Recommend to a Friend
LPL Financial CEO Dan Arnold
89% Approve of CEO

Found 1,236 of over 1K reviews

3.8
74%
Recommend to a Friend
89%
Approve of CEO
LPL Financial CEO Dan Arnold
Dan Arnold
405 Ratings

What people are saying about LPL Financial

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Financial Advisors

1m

a 

Financial Advisor

In process of transitioning. Currently an FA under a b/d similar to EJ model and have 8yrs of experience. I’ve contemplated going completely independent and I’m not oppose to that but a little nervous to make the jump. LPL and Cetera have reached out regarding me potentially joining an RIA. And now I have an offer on the table for a bank advisor role with a credit union. I’m unsure of which route I should go and want to see if others have experienced this decision? Thoughts?

5

5 Comments

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Top Review Highlights by Sentiment

Pros
Cons
  • "Low pay and failure to reward performance(in 63 reviews)
  • "bad management you can't trust(in 55 reviews)
  • "Low salary based on my peers recent job offers in similar fields(in 32 reviews)
  • "Some managers have no experience(in 31 reviews)
  • "No training whatsoever.(in 27 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of LPL Financial and is not affected by filters.

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  1. 5.0
    Current Employee

    Great Company to Work For

    Aug 16, 2022 - Data Science Intern 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Lots of job growth potential. Tons of ways to learn. Great Environment

    Cons

    More guidance and direction from above.

    Be the first to find this review helpful
  2. 5.0
    Current Employee

    Great

    Aug 16, 2022 - Financial Advisor 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great back office support and resources for advisors

    Cons

    Strict compliance Unstructured work environment

    Be the first to find this review helpful
  3. 4.0
    Current Employee, more than 1 year

    benefits are good

    Aug 16, 2022 - Human Resources Specialist (HR Specialist) in San Diego, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    benefits are good; very nice offices

    Cons

    too many chiefs and not enough indians

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  4. 5.0
    Current Employee

    Great Place to work

    Aug 15, 2022 - Assistant Facilities Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Love it here at work

    Cons

    Need employees back in the office

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  5. 4.0
    Current Employee

    N/A

    Aug 15, 2022 - Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    It’s fair and a good work place to be part of.

    Cons

    Pay increase and promotions can get bottleneck at times

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  6. 4.0
    Current Employee, less than 1 year

    Work From home

    Aug 15, 2022 - Associate Service Professional in Fort Mill, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work from home, good manager

    Cons

    Boring, unexpected schedule changes, micromanaging

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  7. 5.0
    Current Employee

    Na

    Aug 10, 2022 - Associate Wealth Management Advisor in San Diego, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    This is a great company

    Cons

    I don’t have anything bad to say

    1 person found this review helpful
  8. 5.0
    Current Employee, more than 10 years

    Strong leadership and a great employer

    Aug 12, 2022 - VP Technology in Fort Mill, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Excellent employer. We finally have a management that considers the big picture and works toward long-term objectives. They communicate frequently with employees at the lower levels.

    Cons

    Immigration process is slower for employees who need visa.

    Continue reading
    Be the first to find this review helpful
  9. 5.0
    Former Employee, more than 1 year

    Great & Supportive place to Grow

    Aug 9, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    growth visibility support transparancy leadership

    Cons

    slower paced hierarchy compensation time off maternity leave

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  10. 5.0
    Current Employee, more than 1 year

    Good Company to establish career

    Aug 7, 2022 - Sr. Software Engineer 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Nice products Good Technology Good Worklife

    Cons

    Perks can be great Low pay

    Continue reading
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Viewing 1 - 10 of 1,236 Reviews
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LPL Financial Reviews FAQs

LPL Financial has an overall rating of 3.8 out of 5, based on over 1,449 reviews left anonymously by employees. 74% of employees would recommend working at LPL Financial to a friend and 76% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, LPL Financial employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at LPL Financial. This rating has been stable over the past 12 months.

74% of LPL Financial employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated LPL Financial 3.8 out of 5 for work life balance, 3.9 for culture and values and 3.8 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at LPL Financial to be culture, career development, benefits and the cons to be senior leadership, management, compensation.

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LPL Financial photo of: LPL Financial Fort Mill Office
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LPL Financial photo of: LPL won the Wealth Management Industry Awards for Outstanding Achievement in Technology and Corporate Social Responsibility/Diversity 2019
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Glassdoor has 1,449 LPL Financial reviews submitted anonymously by LPL Financial employees. Read employee reviews and ratings on Glassdoor to decide if LPL Financial is right for you.