Product: Lpl Financial Account Clear all filters (35 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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1 comment
Anonymous
#1560123

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 here!!! all systems are the Same..that's how it goes...the 3 to 5 day lag you refer to is for ALL MUTUAL FUND TRADES BUYS OR SELLS...also known as T3 in the business meaning the buy date plus 3 days to settle and post to an account at ANY FIRM...get yourself a book on mutual funds or trading before making and promoting illogical rhetoric!

Review
#1345393 Review #1345393 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Problems with payment
1.0
Details
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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Review
#1212771 Review #1212771 is a subjective opinion of poster.
Product
Lpl Financial Account
Cons
  • Worst experience ever
  • No customer service
Reason of review
Bad quality
Loss
$4000
Preferred solution
Full refund
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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1 comment
LoudCavalierKingCharlesSpaniel
#1466761

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

Review
#1204900 Review #1204900 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Return, Exchange or Cancellation Policy
1.0
Details
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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2 comments
Anonymous
#1440788

I agree. Totally incompetent and customer service is abysmal.

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Review
#1186734 Review #1186734 is a subjective opinion of poster.
Product
Lpl Financial Account
Cons
  • Being coerced
Reason of review
Poor customer service
Loss
$4000
Preferred solution
Full refund
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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Review
#1171548 Review #1171548 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Return, Exchange or Cancellation Policy

LPL Financial - Theft of account funds.

1.0
Details
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.
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Review
#1145018 Review #1145018 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Problems with payment
2.5
Details
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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Review
#1037317 Review #1037317 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Poor customer service
Loss
$25
Preferred solution
Full refund
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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Review
#999143 Review #999143 is a subjective opinion of poster.
Product
Lpl Financial Account
Reason of review
Poor customer service
1.8
Details
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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1 comment
Anonymous
#1348076

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

Review
#974314 Review #974314 is a subjective opinion of poster.
Product
Lpl Financial Account
Cons
  • Need adviser not salesman
Reason of review
Bad advise from LPL Agent
Loss
$20683
Preferred solution
Let the company propose a solution

Contact LPL Financial Customer Service

Mailing Address:
LPL Financial
9785 Towne Centre Drive
San Diego, California 92121
United States
Phone:
(800) 877-7210
All LPL Financial Contacts
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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Review
#973798 Review #973798 is a subjective opinion of poster.
Product
Lpl Financial Account
Pros
  • Initial speal on making us money
Cons
  • Advisor collected fees even when account lost money
  • Did not listen to us
  • Not cooperative
Reason of review
Poor customer service