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LPL Financial

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LPL Financial

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LPL Financial Reviews

Updated Dec 2, 2022

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Found 1,304 of over 2K reviews
3.9
70% Recommend to a Friend
LPL Financial CEO Dan Arnold
88% Approve of CEO

Found 1,304 of over 2K reviews

3.9
70%
Recommend to a Friend
88%
Approve of CEO
LPL Financial CEO Dan Arnold
Dan Arnold
436 Ratings

What people are saying about LPL Financial

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Top Review Highlights by Sentiment

Pros
Cons
  • "Low pay and failure to reward performance(in 69 reviews)
  • "Poor Management(in 56 reviews)
  • "Low salary based on my peers recent job offers in similar fields(in 32 reviews)
  • "Some managers have no experience(in 32 reviews)
  • "No training material is provided for new hires that are in supporting roles.(in 26 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
    Former Employee

    Great job

    Dec 1, 2022 - Financial Advisor 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Very entrepreneurial and valuable work

    Cons

    Like all financial advisor roles, only earn as much as business you bring in.

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  2. 1.0
    Current Employee, more than 3 years

    Extremely Political and Slow Moving

    Nov 3, 2022 - SVP Technology 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    LPL as a company is strong, growing and clearly experiencing a lot of success. There are many people within the company that are trying hard to make a difference and have nothing but good intentions. The teams I have worked with our amazing and despite all the internal challenges have delivered over and over again.

    Cons

    LPL has brought in a number of individuals over the last few years in the technology executive team that spend more time focusing on mastering politics and projecting success than the core mission and delivering results. They started in to the organization with preconceived judgments on individuals and never put in the time to truly learn and ultimately help with transformation. Many of them spread rumors and lack integrity to have a candid honest conversation with the individuals they disparage. Despite seeing through the façade, everyone that is focused on getting work done and keeping the lights on continue to do so. These individuals are impressive and represent LPLs biggest asset.

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    1 person found this review helpful
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  4. 3.0
    Current Employee, more than 1 year

    Workload for admin POD unsustainable for even the best employee

    Nov 22, 2022 - Admin Solutions Consultant  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Remote position Easy to use PTO

    Cons

    Pay is extremely low for the workload. Advisors expect you to work like a full time employee. You may have up to 15 separate advisor offices, not to mention their in house staff bothering you constantly. Imagine having 15 bosses constantly giving you work to do.

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  5. 3.0
    Current Employee, more than 1 year

    Company Culture is Top Notch

    Nov 20, 2022 - Admin Solutions Consultant  in Fort Mill, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Company is trying to show they value employees with perks and also monetary bonuses. Company is willing to help you advance your career. Company D&I is getting better each year. Culture is beginning to be very employee-centered.

    Cons

    Lower than average pay. They expect you to keep up with an insane workload. Way too many AVP's and VP's and not enough workers. Worried about the bottom line more than anything. They charge advisors too many fees.

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  6. 5.0
    Current Employee, less than 1 year

    Great company great culture

    Nov 30, 2022 - Associate Financial Analyst in Fort Mill, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good people Highly suggest FAR program for student coming out of college

    Cons

    None the company has been good to me as an intern and now a full time employee

    Continue reading
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  7. 4.0
    Former Employee, more than 1 year

    Not too bad...

    Nov 29, 2022 - Customer Service Representative in Fort Mill, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great coworkers, advancement opportunities and training.

    Cons

    the relentless calls! There is a lot to keep up with and dealing with frustrated financial advisers

    Continue reading
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  8. 5.0
    Current Employee

    Great Culture

    Nov 29, 2022 - Operations Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Company focuses on continuous growth and provides various resources for employees to fulfill multiple career paths. Work life balance heavily promoted

    Cons

    Onboarding still needs further development at the department level.

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  9. 5.0
    Current Employee

    A rocket ship with great leaders

    Nov 30, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Grab the rocket and go for the ride!

    Cons

    Always lots to do with the growth of the firm

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  10. 5.0
    Current Employee

    great work

    Nov 30, 2022 - Finance Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    great company great pay awesome

    Cons

    none at all great to work

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  11. 5.0
    Former Employee, more than 1 year

    Personal benefits

    Nov 7, 2022 - Administrative Assistant 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    They try to make the employees happy, they have lots of events throughout the year to spark happiness and motivation, they have a nurse on site with a Friday masseuse, a gym on site, Starbucks on site.

    Cons

    No cons really, just the normal corporate try to pile more and more work as people quit and make it into a one person job when it used to be five

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Viewing 1 - 10 of 1,304 Reviews
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LPL Financial Reviews FAQs

LPL Financial has an overall rating of 3.9 out of 5, based on over 1,529 reviews left anonymously by employees. 70% 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.

70% 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 3.7 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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Glassdoor has 1,529 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.