Awesome 1st year - then hell on earth - Anonymous employee LPL Financial Employee Review

3.0
Jan 11, 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Awesome new building with lots of amenities (I miss the salad bar) and very centrally located. Pay was pretty competitive for my position, and the bonus structure was 'fair'. Benefits are AWESOME. I hated leaving the COMPANY - seemed they really cared about taking care of their employees and making them happy.

Cons

Where do i start? My department was reorganized 3 times while I was there (a little over 3 years) with 3 different top managers. Sooooo many AVPs - and what, exactly is their purpose?? Some of the managers were quite vindictive too and would throw you under the bus in a heartbeat to save their own neck. Or, they would take credit for something you did. When we were shorthanded I would often pull 12 hour shifts even though I wasn't asked. I was salaried so OT didn't matter. I never even got a Thank You or offered help. I was frequently called a liar (not in so many words though) and made to feel about 3 inches tall. The politics are so freaking bad and you can't trust anyone. They talk about getting rid of the silos, but nothing gets done about it. At one point I was in 6 hours of meetings a day, 1 hour for lunch, and that left 1 hour to get 8 hours of work done. If you don't stick to your guns about your time there in the office, it will consume you.

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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