Great people, churn and burn environment - Anonymous employee LPL Financial Employee Review

3.0
Jan 15, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fully remote (pre- pandemic) Caring immediate managers Great, supportive teams

Cons

Upper management does not consider the needs and input of main staff or first line management. Constant, competing and shifting priorities mean all and none are important high pressure environment pay for performance is not honored, though constant output at ever increasing pace is always expected. Also, volunteer... Does nothing but add uncompensated work to your plate. The valued "consultative approach" is not implemented internally. New initiatives, responsibilities and tighter SLAs are pushed upon employees without any consultation or listening tours. Long time employees are not compensated as well as new hires and they know it and resent it.

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.

1.0
Jul 2, 2026
Recommend
CEO approval
Business outlook

Pros

Competitive pay — Compensation is solid compared to industry averages. • Pockets of good people — There are teams with genuinely decent, hardworking individuals trying to do the right thing. • Occasional bright spots — A few groups operate professionally despite the broader culture.

Cons

Retaliation everywhere — Speak up and you’re targeted. • Fabricated reviews — Feedback is made up to justify punishment. • Toxic cliques — Closed circles run the place and crush anyone outside them. • Hostile leadership — Belittling and aggression are normalized. • Politics over skill — Competence is irrelevant; alliances decide everything. • Fear‑driven culture — Employees stay silent because retaliation is guaranteed. • Hypocrisy everywhere — You’re excluded, then blamed for not being involved. • Values are a façade — The company talks integrity but operates on intimidation.

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