LPL Financial Employer Reviews

LPL is an RIA/ Broker Dealer for Independent Advisors. So each office has it's own rules - hours - pay - benefits etc. But LPL's Home Office is great. And their Tech Dept. is up to par and some.

I would like to be able to say nice things about LPL. However, experience there was worst ever. May be due to the technology dept I worked in and that manager, than overall LPL where I met nice people.

My second day there I was told that 2 people right before me had quit the position I was just hired for; I did also shortly thereafter. Wish I had knew – more... that before I started and would have accepted one of the several job offers I had. Two other people that worked with that dept had quit just the month before. It was a small department. Highest turnover!

Fact: I was told to lie and cover up for major mistakes that affected successful implementation of project I inherited at the end of the project from my manager for key external customer. The reason there was a problem was due to management, lack of communication, lack of best practices for technology process.

Rather than fix the problems quickly and make client happy, manager wanted to pretend solution was OK when it was glaringly obvious that the project that was worked on for 6 months before I arrived was not what the customer wanted. The customer was furious. And it was a relatively simple project!

It is likely that people quit due to lack of integrity and poor treatment by this particular manager.

My manager was very nice in front of other people; negative, harsh, bordering on psycho behind closed doors. People usually quit a manager not a company. This manager needs some serious training in ethics, integrity, working with people effectively. – less

Great place to work if you are interested in the financial world.

I have enjoyed my time at this company very much. The abiltiy to move between departments and participate in many projects kept the work interesting.

A typical day presents many challenges as there are over 3000 people to support. My biggest learning opportunity was how to integrate internal an external support operations and to create a service delivery function that satisfies the needs of all customers. The hardest part of the job has been to manage a limited number of resources through some very – more... lean times. The management team has tried very hard hard to create a culture of engagement, but this has been difficult because of staffing levels during the last year. The most enjoyable part of the job has been turning my team into a skilled and high performing team. – less

I am constantly building relationships with clients. It is my favorite part of the job and is very gratifying when a client trusts you and you have served them well. I have learned much about the power of honesty and accountability in this role. The hardest part of this job is not currently being licensed to sell investments.

Typical day at work is to manually plug retirement information in the system. I learned alot about 401k, IRA, different policies in regards to retirement. Co-workers and management were friendly and nice. The hardest part of this job is the number of entries we need to plug in everyday. The most enjoyable about this job is the perks of getting free – more... lunches every now and then. – less

Generally very smart, intelligent managerial and technical staff.
Demanding, yet flexible in allowing managers to devise their own approach to constructing systems and managing projects.

Nice place to work!

Management is very reasonable and work with you to develop and grow your career. Everyone isa pleasure to work with and always willing to lend a hand.

I assist the Senior Vice President in his day to day schedule. Heavy calendaring Type correspondence and respond to written and electronic correspondence from Executives.Answer phones and screen calls, as appropriate.

On a daily basis I would review large amounts of data regarding outgoing reinvested shares provided to us by our sponsors as well as cash dividends paid out to our clients. I learned how to skillfully manipulate excel to work with the primary platform used by our firm (Beta - Thomson Reuters) to execute macro commands that would allocate funds and assets – more... accordingly to the reports we created on a regular basis. The environment at LPL was fantastic, everyone was very helpful and encouraging and there was a strong sense of camaraderie among the coworkers. Challenging aspects were typically quarterly audits and everything that needed to be accounted for within a few weeks time and most enjoyable was the environment and the people i worked with. – less

• Typical day was enjoyable, fast and rewarding.
• No benefits or job security as a temp.

Employees typically supportive of each other, however management lacking in communication in the Technology department.
Dependent on manager what you allowed to do or not.
Not standardized but they are trying.
Too many contractors, LPL they say they are trying to hire more FTE but realistically they are not.
Most enjoyable part of the job is working – more... with everyone. – less

Offers plenty of training for employees and mentorship programs.

revolving door because the management is inadequate. management very rarely knows anything about the products they support. it's all about who you know and nothing about what you know.

I typically worked on my own, learning everything as I went on about my work. I learned valuable information regarding investing. Most importantly, I learned the value of wanting to take the time to get everything completed the exact way it should be without needing to stress out about it. I ran the whole office by myself and became dependent upon by – more... my co-workers. Which brings me to the hardest part of the job, sometimes being dependent upon means continually taking on more and more responsibilites of others. Basically, they would not show up to work because they knew I would take care of everything. I though, enjoyed that freedom to work at my own pace. – less

It's an excellent organziation, I've learned many new systems such as Beta to mention one.

A top tier financial services firm that places the client first.

From the very moment I started working at LPL I knew it was different. The management cared about their employees and also rewarded us accordingly. They have an annual survey that the staff would take and based off the results of the survey Senor management made necessary adjustments.

My direct management were personable, fair, kind, and you really – more... felt the compassion that they had for their staff. When the pressures of the work day increased they did what they could to assistance us.

Of course with any job there are negative points, and yes there were some but the positive aspects of the job helped move the focus. The current position I hold is in a call center environment so of course call volume is the bear of our day. – less

Unfortunately they changed the minimum requirement just as I was making some progress A typical day would be watching the markets, researching investments, calling or visiting clients, working from home on occasion, and buying and selling bonds, stocks, and options. I worked with a friend of mine from high school and his daughter in a small office. – more... The hardest part of the job was feeling bad if you lost money on a position and the red-tape. The most enjoyable part was that I was working in a field I always dreamed of doing. – less