Operations Specialist / New Accounts (Current Employee) – Charlotte, NC – March 31, 2014
I processed the applications Third Party Investments Advisors during the morning. During the afternoon I do the Quality Check for off-shore processors. My co-workers are very nice and patient. They are always there when you need help. The hardest part of my job was making sure I didn't make any mistakes. The most enjoyable part of my job was everything. I enjoyed this job tremendously.
Sr. Compliance Specialist (Current Employee) – San Diego, CA – November 30, 2015
Every day is different at LPL Financial. There are always new challenges and continuous changes to processes and procedures. Surprisingly, the firm functions very well considering there isn't much collaboration between the various departments. The culture is work hard and play hard. The firm thrives on employee retention and keeping knowledge in-house by filling positions with internal employees from other departments. A lot of people here started out as contingent workers. But, once you're in, you're in.
Associate Vice President, Application Development (Current Employee) – San Diego, CA – February 29, 2016
LPL Financial is in constant change, with reorganizations occurring before the company can recover from the last reorg. There has been a large effort to outsource jobs to external companies, eliminating the positions in IT and operations. The company eliminates individual contributor positions through attrition, but still manages to grow the executive leadership team.
The projects are increasingly unattainable, due to over-commitment to customers and deadlines that are mandated by conference dates rather than being thoughtfully planned and project managed.
Although some managers offer flexible schedules, the hours frequently involve multiple weekends during the month to support require releases.
The company offers a Stock Purchase program, but the stock price has tanked, leaving employees under water with their stock holdings.
Flexible schedules, supports community
Frequent reorgs, too much Senior Leadership, outsourcing jobs
Fixed Income Trading Assistant (Current Employee) – San Diego, CA – March 6, 2016
I love working for LPL, as it has grown so much over the last few years. We recently moved into a new building that is state-of-the-art with a cafeteria, gym, game room, basketball court, etc. From my experience management has been excellent and I have no complaints.
Service Representative (Current Employee) – San Diego, CA – March 15, 2016
I loved my time here, never felt so valued somewhere, people are so polite and professional, we're a team who actually work well together to take of our clients. Learned so much interesting information, never a boring day. All-round best experience I've ever had at a "work-place," would have loved to made a career here.
Upper management keeps changing direction and keeping the workforce in half dysfunctional state. There are many technologies used so it's good if you want to get exposure to everything under the sun. Most of those technologies are underutilized.
Work/Life balance can be erratic but it improved a little bit. Sometimes you may get killed with a load of work and other times they will go into a "freeze" mode and not let you do anything useful.
Pay and benefits, exposure to many technologies, good people
Frequent illogical change of direction in technology and strategy, frequent company restructuring
Executive Administrative Assistant to EVP (Former Employee) – San Diego, CA – July 31, 2015
LPL Financial is on the cutting edge of technology for financial planners; thereby, soliciting our ideas and fostering an up-beat, creative place to work. We are treated like adults and are expected to act as such. C-Level management truly listens to positive ideas; its refreshing.
Added amenities: Gym on site, Starbucks, Cafe, Medical Clinic, competitive salaries, great benefits
IT support tier I and II (Former Employee) – La Jolla, CA – January 30, 2016
Under contract, would've loved to have been offered a permanent position. The company provide a range of facilities for employee care, their dress code is casual and their management very understanding to employees personal needs.
Project Manager (Former Employee) – San Diego, CA – June 23, 2016
Overall this is a good company that is suffering from too much turnover in leadership. Many departments lack major processes and procedures and seasoned management who can lead and guide the teams though rapid change. CEO is good and will see the company through to the next level as long as he can hold together a solid team of executives who can assist him in taking the company to the next level.
VP (Former Employee) – Charlotte, NC – May 26, 2016
Company is in constant state of change -- change for change not change for improvement. Company doesn't walk the talk to their employees beneath the EVP or at least SVP level or to most of their advisors. Read up on the stock buy-back program and read between the lines. Look at who has left the company and where they went or are going.
There are good effective/productive people there who still believe in what the company WAS.
The executive management no longer appear principled or ethical.
Good place to work 24 hour gym, cafeteria, good health benefits
Employer Plan Services Consultant/Peer Coach (Current Employee) – San Diego, CA – January 18, 2016
Good place to work 24 hour gym,there is a cafeteria on site. the people at LPL are really nice. make lots of good friends. very good health benefits. i like the people who work at the gym they are very nice. it is nice to have a 24 hour gym. to work out all the time.
Service Center Representative (Former Employee) – Charlotte NC – October 3, 2015
Overall LPL is a great place to work, however for someone who has challenges of being able to handle several task at once may pose a challenge. The benefits are standard as to what you should expect with any company i.e. vision dental and medical. The perks of working for a company that deals with the stock market is when the market is closed you are off from work hence the additional days off within a year. The drive for me was challenging since it takes me 45 minutes one way to work, however for someone who lives on the south side of Charlotte this could be a advantage point. The company is slowly transitioning to being a call center for thoose who had worked in that environment.
LPL Financial is a professional institution that gives their clients may different products to choose from in the investment arena.
Jr. Financial Advisor (Current Employee) – New York – April 27, 2016
I have learned a lot at LPL Financial. LPL is a superior Wall Street force that offers their clients a lot of choices, excellent representatives in the industry to service them and decent commissions with which to work with. Overall, LPL Financial is one of the brighter firms on the street.
I worked at LPL at two different points in my career. I only left for greater opportunities. I enjoyed working at LPL. The people are great and the company has come a long way to making it a very fulfilling environment for its employees.
LPL was a serviceable company. They seem to take their cues from competitors in the space rather than innovate. The culture was good and my coworkers were always the highlight of my day. Management was focused on bottom lines which is understandable considering they are publicly traded but it was a little disappointing nonetheless.
Hardworking and Challenging Environment w/ Good People
Senior Analyst (Current Employee) – San Diego, CA – April 6, 2016
Challenging environment due to technology debt but a lot of good people working together to solve these problems. A company going through growing pains. If you have patience then you can wait for the fruits of the labor.
Personal Assistant (Former Employee) – Manhattan, IL – May 21, 2016
A typical day at work consisted of managing clients portfolios whether it be calculating required minimum distributions or building her client database. While working for LPL Financial I learned how to calculate RMDs, communication skills, and organizational skills. The office only consisted of my boss and I.