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Most Helpful
1.0
Details
You cannot talk to anyone at LPL, only your advisor which in my case is the one who initiated the infraction in the first place. When they find out you have a complaint they refer you to an attorney and now you are in "quick sand" as nothing moves. This has been going...
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3 comments
Anonymous
#1757797

LPL Finicial advisor, advised my elderly mother to purchase non trade funds, which the advisor made a high commission. Now my mother is not able to get rid of without a large lost.

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Review
#1519061 Review #1519061 is a subjective opinion of poster.
Cons
  • Illegal and unethical practices
  • Advisor qualifications
Reason of review
Poor customer service
Loss
$55000
Preferred solution
Full refund

LPL Financial - Lost 1% of my account from 6-2018-6-2019

It's embarrassing to admit I let this happen, I'm not that sharp on the market etc and went to LPL years ago from a Dave Ramsey reference. I'm sure Dave got paid by them to promote them as trustworthy. But in my case it was an absolute joke. I'm not in any aggressive funds etc, and I could have done better hiding my money in the mattress.
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Review
#1559632 Review #1559632 is a subjective opinion of poster.
Reason of review
Bad quality
Loss
$13

LPL Financial - LPL advisors are liars, criminals, thieves, con artist, crooks, and scammers!

1.0
Details
If you're thinking about investing with LPL financial DONT! If you already have you're a victim toof crime. You may just not realize it yet.
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Review
#1518426 Review #1518426 is a subjective opinion of poster.

LPL Financial - LPL is a scam.

1.1
Details
LPL is a network of crooked used car salesmen masquerading as financial advisers. They know nothing about financial products. All they can do is push whatever pays them the highest commission. DO NOT INVEST IN LPL!
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Review
#1496896 Review #1496896 is a subjective opinion of poster.
1.0
Details
Was sold these stocks when I was 66 years old, without any explanation or what they were, but now find out that they are not paying dividends, and I can't even cash them out! LPL broker must have made a lot of money selling these HIGH RISK stocks, and now I just sit...
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2 comments
ScrawnyScorpionFish941
#1721438

Don't you have the ability to switch to other investment packages? Don't they have different choices?

I would think you wouldn't be stuck with one investment.. I've been contemplating dealing with the company and now I'm wondering after seeing this page of complaints.

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Review
#1485855 Review #1485855 is a subjective opinion of poster.
Reason of review
Sold REIT's, junk stock

LPL Financial in Springfield, Missouri - Crooks

Ed fredericks with the connecticut group in westport ct is the most unethical lying non fiduciary individual pc of garbage one could ever meet. Lpl financial should never ever let him or anyone at the connecticut group ever sell for them again
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Review
#1485602 Review #1485602 is a subjective opinion of poster.

LPL Financial in Sumter, South Carolina - LPL is a horrible company and their advisors are liars.

1.0
Details
Advisor traded securites without my knowledge and lost money during a raging bull market. She lied consistently and steered me into other garbage "investments " that lost money but earned her a huge commission. Notjing but a common criminal who belongs in prison. The only positive from the experience is I now no longer trust ANYONE with my money other than yours trurly so now I manage my own portfolio. I encourage everyone to do the same. Find an online brokerage firm and invest in a low cost index fund. Vanguard and others have several that will fit your needs. No advisor fees, no custodial fees, no 25 dollar trades, no mystery fees, no lies and no games. It's easy and anyone can do it.
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Review
#1480973 Review #1480973 is a subjective opinion of poster.
Reason of review
Poor customer service

LPL Financial in Logan, Utah - Proud of two LPL Brokers, sons, who sponsor a chess tournament in Ephrata, WA

February 2, the 13th Annual Waypoint Management chess tournament was sponsored by Roger and Troy Pugh in Ephrata, WA. Edward Jones and the Rotary Club in Logan, Utah also promote an annual tournament like this. Please view: TED X with Cody Pomeranz and TED X with Eugene Brown and chess. The recidivism rate for chess playing inmates is 31% vs 68%. This was the 13th year for Roger and Troy.
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Review
#1478065 Review #1478065 is a subjective opinion of poster.
Reason of review
Able to communicate w/you I think.

LPL Financial in Bridgeport, Connecticut - Annuity scam

Purchased 400 k of annuities with ed freaericks from the connecticut group in westport ct. Lied thru his teeth on how they paid out. If LPL allows ed fredericks to continue to sell for them. Then shame On lpl
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Review
#1477253 Review #1477253 is a subjective opinion of poster.
Doesn't anyone have anything positive to say about this company?
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1 comment
Anonymous
#1651429

They are prolific liars, crooks, thieves con artists, scammers, and all around horrible dishonest people . They are excellent at steering you into garbage products.

They do a good job at losing your money. They are excellent at fraud, self dealing, and did I mention lying? They are prolific liars, crooks, thieves con artists, scammers, and all around horrible dishonest people . They are excellent at steering you into garbage products.

They do a good job at losing your money. They are excellent at fraud, self dealing, and did I mention lying?

Review
#1450696 Review #1450696 is a subjective opinion of poster.

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

LPL Financial in Richardson, Texas - No proactive leadership

If you put your money in LPL good luck. No repositioning, no pro active look ahead. Your money is dead if the market doesn’t move. Very sad they don’t weigh in on trends. Take the fees and poor customers. Never again after many years!
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Review
#1424542 Review #1424542 is a subjective opinion of poster.