Too many managers idling while the rest of us are overwhelmed - Anonymous employee LPL Financial Employee Review

2.0
Sep 11, 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good folks you'll get to know and its nice to share the frustration with others.

Cons

Extremely political, most managers all got their positions by political means. They could not last a week doing the work of whom they manage. It is upsetting to see them chat in circles while our phones and incidents are increasing. There is no sense of humor or relief to be found. Expect heart burn and high blood pressure as a result of being a LPL employee.

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5.0
May 12, 2026
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CEO approval
Business outlook

Pros

Great Resources and support teams!

Cons

Too much back office turnover at times leaves support team lacking accurate answers

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2.0
May 23, 2026
Recommend
CEO approval
Business outlook

Pros

LPL Financial offers a flexible hybrid work model, which is one of the better aspects of the company. Managers are generally not overly strict about specific in-office days, giving employees some flexibility in managing their schedules.

Cons

Work-life balance is a major challenge. Weekend release work is common, often averaging two weekends per month, yet there is no overtime compensation. Employees are essentially expected to work a full workweek plus weekends when needed, which has contributed to high turnover on some teams. The culture can also feel harsh and impersonal. Leadership rarely expresses appreciation or recognition for employee contributions, which negatively impacts morale. Some managers come across as cold or overly task-focused, creating an environment where employees feel valued only for output rather than as people. There also appears to be a lack of trust between employees and leadership. Many teammates do not seem confident that leadership understands or genuinely addresses their concerns. Overall, morale feels low, and recognition for strong performance appears limited.

2
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