LPL Financial
More Ratings Needed
RepVue Score
LPL Financial
LPL Financial Sales Development Representative Salary
Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Sales Development Representatives typically hit their quota here
What percent of Sales Development Representatives hit quota at LPL Financial?
Approximately 62% of Sales Development Representatives at LPL Financial meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at LPL Financial
Frequently Asked Questions
The average base salary for a Sales Development Representative at LPL Financial ranges from $55,000 to $70,000, with total on-target earnings (OTE) typically between $60,000 and $110,000. These compensation ranges vary based on experience, location, and specific territory assignment.
LPL Financial Sales Development Representatives are paid on a 80/20 mix. Variable pay depends on pipeline‑creation metrics - activity volume (calls, emails, etc.), converted opportunities, created opportunities, and scheduled meetings. SDRs at LPL Financial report that Converted Opportunities is the metric that most directly drives their variable earnings, and accelerators typically apply once targets exceed 100%.
Assuming a median OTE of $65,000, Sales Development Representatives at LPL Financial can expect between $3,750 and $8,250 in annual variable compensation.
The median base salary for Sales Development Representative at LPL Financial is $57,500 per year, which is 4% lower than the median base salary of the global salary role.
Top-performer earnings for SDRs at LPL Financial typically range between $290,000 and $500,000. Top SDRs usually exceed meeting or pipeline goals by 115-130%, and additional upside is possible for exceptionally high activity and conversion rates. The highest reported total compensation for this role last year was $395,000.
Approximately 62.0% of Sales Development Representatives at LPL Financial meet or exceed their annual quota based on ratings submitted in the past year.
Percent that Attain Quota?
of Sales Development Representatives typically hit their quota here
What percent of Sales Development Representatives hit quota at LPL Financial?
Approximately 62% of Sales Development Representatives at LPL Financial meet or exceed their annual quota based on ratings submitted in the past year.
Explore Sales Development Representative Salaries
Marsh McLennan
Salary data from 5 ratings
OTE
$85,000
Wells Fargo
Salary data from 5 ratings
OTE
$125,000
State Farm Insurance
Salary data from 5 ratings
OTE
$75,000
FIS
Salary data from 5 ratings
OTE
$80,000
Base variable split?
80% / 20%
Product - Market Fit?
4.1
Have a question for LPL Financial about compensation for this job? Ask
your question on the Q&A page
Ask a question Frequently Asked Questions
The average base salary for a Sales Development Representative at LPL Financial ranges from $55,000 to $70,000, with total on-target earnings (OTE) typically between $60,000 and $110,000. These compensation ranges vary based on experience, location, and specific territory assignment.
LPL Financial Sales Development Representatives are paid on a 80/20 mix. Variable pay depends on pipeline‑creation metrics - activity volume (calls, emails, etc.), converted opportunities, created opportunities, and scheduled meetings. SDRs at LPL Financial report that Converted Opportunities is the metric that most directly drives their variable earnings, and accelerators typically apply once targets exceed 100%.
Assuming a median OTE of $65,000, Sales Development Representatives at LPL Financial can expect between $3,750 and $8,250 in annual variable compensation.
The median base salary for Sales Development Representative at LPL Financial is $57,500 per year, which is 4% lower than the median base salary of the global salary role.
Top-performer earnings for SDRs at LPL Financial typically range between $290,000 and $500,000. Top SDRs usually exceed meeting or pipeline goals by 115-130%, and additional upside is possible for exceptionally high activity and conversion rates. The highest reported total compensation for this role last year was $395,000.
Approximately 62.0% of Sales Development Representatives at LPL Financial meet or exceed their annual quota based on ratings submitted in the past year.
