Product: Lpl Financial Account Clear all filters (0 of 35 reviews match)
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For transactions occurring on weekdays, there is a 24 hour lag time to see anything. If transactions occur on a weekend with a Monday holiday, you will wait 4-5 days to see anything.
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Anonymous
kitty23

not entirely true. when markets close at 4pm on a Friday and monday is a holiday, you will have Fridays close info the next BUSINESS DAY if monday is s holiday...do the math h...

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Lpl Financial Account
#1345393
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After being a customer for 10 years I realized that LPL Financial is suck and they suck their customers. I lost money and capital on their investment. But, even worst they charged me 10% commission to close my account and never communicated with me in 10 years. What...
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1.0
Product
Lpl Financial Account
I didn't like
  • Worst experience ever
  • No customer service
#1212771
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I have over 9 hours into trying to liquidate an account that they send statements on...(they have had my $ for over 15 yrs) They have demanded an account application (7 pages) Fax only, who uses fax? then did that and they said it was the wrong #, so I am sending to...
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LoudCavalierKingCharlesSpaniel
LoudCavalierKingCharlesSpaniel

I totally understand your frustrations... I am on the same boat. These guys are thieves but they don't seem to care at all.

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Lpl Financial Account
#1204900
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Nobody at LPL seems to take action - someone told me Kim could do the transfer but she doesn't, she passively hands off to someone else who delays another 5 business days ... who knows what the market will be by then? So - ultimately - LPL financial has cost me...
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Anonymous
JN

I agree. Totally incompetent and customer service is abysmal.

Anonymous
Anonymous

That is awful how this company can take advantage of peoples monies that doesn't belong to them in the first place. You put your trust in companies like this and they'll do wh...

1.0
Product
Lpl Financial Account
I didn't like
  • Being coerced
#1186734
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Just like many of the other complaints here, I was lied to and stonewalled when trying to close my account and get my money back.I had a structured CD that I was assured had no fees, yet they charged me to close the account. Took talking to 6 different customer service...
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Lpl Financial Account
#1171548
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Lpl Financial - Theft of account funds.

TERRIBLE INVESTMENT COMPANY!!!.after account showed ridiculous small gain in etf & bond gain,two days after request to transfer entire acct into a preferred stock,which was booming,they did so,but acct showed 600.00 less in balance that was transferred.where did 600.00 go in two days? They stole that amount right off the top.
1.0
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Product
Lpl Financial Account
#1145018
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My husband died over a year ago. Even though I have notified LPL Financial twice and provided the death certificate both times, they will not close the account!! This is a terrible way to treat a widow. The account balance is not much, but dwindling due to them...
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2.5
Product
Lpl Financial Account
#1037317
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I lost 10K within the first three months of signing up with their West Bloomfield Michigan office.The talked me into staying with them promising to make gains in my account. After three years of giving them a chance I ended up loosing just over 30K. They proposed a...
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Lpl Financial Account
#999143
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Lpl Financial - Lost a lot of money
Moved a nice account that had made money in the past to LPL Agent.Was advised to sell stocks that had paid good checks each year, which was done. Advised to sell tax free bonds in 2015, which was done. Advised to sell all stocks in August 2016, which was done. Advised...
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Anonymous
Anonymous

The same thing happened to me with LPL financial. The salesman at LPL in West Bloomfield Mi is very poor at what he does. As a note I lost over 40K there in three years

1.8
Product
Lpl Financial Account
I didn't like
  • Need adviser not salesman
#974314
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Lost over twenty thousand dollars in 5 years.Did not put our stocks where we asked, and was put in a high risk account. Not what we wanted! Finally pulled our stocks out. I would have made more money in a savings account. Did not answer phone calls, the stacks of...
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Product
Lpl Financial Account
I liked
  • Initial speal on making us money
I didn't like
  • Not cooperative
  • Advisor collected fees even when account lost money
  • Did not listen to us
#973798
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