Started off great...going downhill - Anonymous employee LPL Financial Employee Review

2.0
Aug 25, 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The new building in San Diego is great, nice to have a subsidized cafe, free gym, health clinic is probably the best amenity. Standing desks are awesome, and health benefits are good. But all those shiny things are starting to become very dull.

Cons

Love the open office concept but it doesnt help with collaboration at all. As each month passes I think our group gets more and more silo-ed. When going through the hiring process they try to lure you in with all the *perks* instead of giving you the salary you deserve, and these things aren't worth making less money. Especially since the raises they give are absolutely PATHETIC. It is almost a slap in the face. And don't even think about getting promoted. Long story short, LPL has the potential to be great. They strive to be an employer of choice, but the only choice they are helping me make is the choice I recently made to start looking for a new job - its the only way I will continue to further my career and make more money.

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.

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