LPL Financial Employee Reviews

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4.0
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It's ok
Regional Director (Former Employee) –  Boston, MAJuly 9, 2018
It could have been managed better from the top. The firm started to cut expenses by laying people off and reducing the money spent on advisors. I think it could be a great place if the right people called the shots.
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4.0
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Overall Good Company
Sr. Ops Specialist (Current Employee) –  Fort Mill, SCJuly 9, 2018
LPL is a pretty good place to get your feet wet for brokerage careers.
Overall satisfied with work/life balance.
Decent pay and work schedules
Some Opportunity for advancement
Pros
free beverages and cereal, company parties and workday events, diversity and inclusion, good benefits, stock options, work/life balance, decent pay
Cons
take home compensation could be a notch higher, more vertical movement in job opportunities vs lateral
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4.0
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As an intern
Internship, Finance (Former Employee) –  Lebanon, NJJuly 6, 2018
As an intern, the people I worked for were wonderful. It was my first real experience in a professional setting with people who were extremely successful. What I saw from my time there was if you were motivated you could be largely successful and control your own world.
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4.0
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Growing company
Vice President (Current Employee) –  Fort Mill, SCJuly 3, 2018
The organization if focused on growth, but the infrastructure is a little antiquated. The leadership team is trying to change the culture, but it's been slow adoption to this point.
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5.0
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Very professional environment with a lot of perks
Client Services Representative (Former Employee) –  San Diego, CA 92121June 30, 2018
Working conditions and facilities were first-rate. I made several attempts to be considered for a permanent job there, but was unsuccessful. I would go back without question.
Pros
First-rate facility and working conditions
Cons
Managers were unresponsive to some questions
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2.0
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Contract position
Tax Associate/Compliance (Former Employee) –  Fort Mill, SCJune 30, 2018
Compensation was good for contract work however the culture was stressful. Good management examples were inconsistent. Training was often insufficient for the tasks assigned.
Pros
Salary
Cons
Distance was over an hour commuting time.
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4.0
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very good
Service Representative (Current Employee) –  San Diego, CAJune 28, 2018
great place to work theres always something new to learn. Management is great and they are always there to help. Benefits are great they take real good care of their employees there.
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2.0
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ok place to work. Poor management
Senior Operations Specialist (Current Employee) –  Fort Mill, SCJune 20, 2018
Company needs train managers. Great environment to work in. They just need to work on management skills
Company needs train managers. Great environment.
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4.0
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Choose Not to Respond
Vice President - Home Office Supervision (Current Employee) –  Fort Mill, SCJune 14, 2018
Choose Not to Respond. Would be happy to discuss any questions about the company, typical work day, management, workplace culture, and the best/most difficult parts of the job.
Pros
Choose Not to Respond
Cons
Choose Not to Respond
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3.0
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Managers and Leaders are not trained or developed
Service Delivery Manager (Former Employee) –  Charlotte, NCJune 12, 2018
Within the organization I worked most of the managers and leaders were once individual contributors who got promoted to management and leadership position. In my opinion they were selected by their performance and achievements as an individual contributor and not an assessment of management and leadership readiness. Most managers did not possess or apply people management skills, process and procedure, etc...
Pros
Compensation, Work enviornment
Cons
No operational framework or structure, very few professionally developed managers and leaders
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5.0
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Very busy and professional
Administrative Assistant (Former Employee) –  Naperville, ILJune 11, 2018
It is a great company to work for. Always learning something. It was very challenging for me as I did not know a lot about investments.
Very enjoyable atmosphere. The management was great and always patient with my learning curve.
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4.0
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Workplace culture
Sr. Ops Retirement Specialist (Former Employee) –  San Diego, CAJune 10, 2018
The workplace culture was wonderful. I worked with people of all races, ethnic groups, religions and lifestyles.
I enjoyed the interaction and learned so much.
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3.0
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You have to understand the business
Financial Advisor Assistant (Former Employee) –  Manhattan Beach, CAJune 8, 2018
The financial advising business isn't the field where you just show up and "do your job". You have to really be creative and work on interpersonal skills to acquire new business and make sure you're upto date with compliance. Not for everyone but if you can you build a career here then you're pretty much set for life. Very hard working in the first 3-5 years.
Pros
Solid industry
Cons
Must have very thick skin
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2.0
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n/a
Compliance Surveillance Analyst (Former Employee) –  Charlotte, NCJune 7, 2018
I hope things have changed, I've been away from the company for over 6 years now. I would hope that the room for advancement has changed and management changed too,
Pros
free lunch
Cons
no advancement for black people
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5.0
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productive work place / fun
Customer Service Representative (Current Employee) –  San Diego, CAMay 30, 2018
the culture is amazing and the management was extremely helpful i especially enjoy the Starbucks and on site gym. I learned something new every day at LPL , and have the opportunity to work with a lot of smart amazing people
Pros
gym, Starbucks, basketball court
Cons
none
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5.0
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I love this job
Client Service Representative (Current Employee) –  Fort Mill, SCMay 30, 2018
The environment in this job is very laid-back everyone is cool including management. No one is micromanaging or over your shoulder the con would be that you would have to train yourself rather fast to do the work because you don't get much floor support or help on your calls you have to know what you're talking about and how to do the calls on your own and the calls are very complex you have to do a lot of research but they do allow you the time to do research because they're not very strict on numbers. they're not really strict on cell phones or just being able to have fun at work. they allow you to be an adult as long as your doing your work. The job is very clean and professional the cafeteria is awesome. the pay and bonuses are really good. Also another con is that the job is located in Fort Mill South Carolina which could be long driving distance depending on where you live.
Pros
Not micro managed, pay, bonused, fun and laid back environment
Cons
training, pto, location, Support, work life balance
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1.0
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Not worth the pain
Senior Service Representative (Former Employee) –  San Diego, CAMay 25, 2018
It was such a stressful experience, I cannot find the words to fully explain the depths of the frustrations. I still have nightmares from working at this place.
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4.0
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Fast paste place where you can grow and acquire skills
Financial Analyst (Former Employee) –  San Diego, CAMay 6, 2018
LPL is a constantly changing environment, which will put you in many opportunities to learn different roles. They have unlimited vacation time, but the work life balance could be improved. The culture of long work hours, even on weekends is expected from senior leadership in the department.
Pros
Happy hours, game room
Cons
Work life balance, no room for upward mobility
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1.0
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No communication
Customer Service Rep. (Former Employee) –  San Diego, CAApril 30, 2018
The company is only concerned about their bottom line. They only hire on the employees that are not liked, & struggle with their job. Advancement has nothing to do with performance. Management lies about opportunity to get you to produce. There is a huge lack of communication, their employees are not trained, and give misinformation. Their advisors are upset and not advocates of the company.
Pros
No micromanagement
Cons
No training, no communication, high stress, no concern for their employees, or advisors. Only concerned with bottom line $$$$.
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4.0
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great pay
Operations Specialist (Current Employee) –  Fort Mill, SCApril 26, 2018
The Job Work/Life Balance depends on you position.
The Compensation/Benefits are great for the area.
Very little Job Security.
The Job Culture depends on the manager and team
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Overall rating

3.6
Based on 333 reviews
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3.7Work/Life Balance
3.5Compensation/Benefits
3.0Job Security/Advancement
3.1Management
3.4Culture

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3.3Personal Development

2.8Career Opportunities

3.1Family Support

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