Stretched Thin - Recensione dipendente - Dipendente anonimo presso LPL Financial

2,0
14 set 2012
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Number one independent broker dealer. Decent benefits

Svantaggi

Staffing levels inadequate to handle onslaught of new advisors. LPL upper management unwilling to hire needed bodies to compensate for this and are taxing current resources to the point of forced/volunteered exodus. Service Center new hire training reduced to bring new hires online sooner, thus creating a crop of uninformed, useless personel. Middle , management more concerned with calls answered in a timely manner than quality. LPL recruiters consistently oversell the product (LPL). Advisors come onboard with misguided expectations, requesting Service perform research they are other wise expected to perform and various other tasks suited for an assistant. The founding principals of this company are to provide advisors with the bare minimum as to comply with regulatory requirements and in return for basic services, the advisors are expected to perform the remaining duties themselves for greater commission retention. This being said, many advisors are sold on the idea that their Service Center representative will provide service above and beyond what they're paying for. The fault lies with recruiting, a corporate culture that undervalues their employees, and advisors willing to abuse the system without repercussion.

Esplora altre recensioni su LPL Financial

5,0
27 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

I loved my internship here. It was very immersive and everyone was very kind and supportive. Loved the team I worked with.

Svantaggi

Could have been a bit more to do.

3,0
26 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good work life balance and benefits are pretty good depending on management. Really the only thing that kept me here so long was the people in my team.

Svantaggi

Pay is lacking compared to competitors. CEO makes 15 million and CFO makes 10 million, but they don't want to pay competitive wages. Senior Leadership in finance space have brought it up, but little to no change

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