Friendly, Relaxed Company With Questionable Direction - Trader LPL Financial Employee Review

4.0
Aug 21, 2018
Recommend
CEO approval
Business outlook

Pros

Rather laid back atmosphere, company seems to care about employees with nice perks. New campus in Fort Mill is beautiful. Trade floor is very laid back for a trade floor and management is friendly. PTO is reasonable. Reps approve of the traders here and highly praise our knowledge. Help is always available when needed and training is great. Very accepting company when it comes to diversity which is important to some.

Cons

Company is growing extremely fast and upper management seems to have been flooded by some with questionable leadership abilities. Promotions all the time just because they need positions filled it seems. Company seems very silo'd as in nobody really knows what each other does and everyone blames other departments. Some employees here are just rude and not capable of their phone-based jobs. They make it sound painful they are here. From the trading perspective, getting time off is a huge pain, pay is not near as competitive as other companies, and the system is constantly having issues. A trading position often times feels like an IT job.

Explore other reviews about LPL Financial

5.0
May 27, 2026
Recommend
CEO approval
Business outlook

Pros

I loved my internship here. It was very immersive and everyone was very kind and supportive. Loved the team I worked with.

Cons

Could have been a bit more to do.

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.

3
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