Don't work here - Analyst LPL Financial Employee Review

2.0
Sep 5, 2024
Recommend
CEO approval
Business outlook

Pros

Superior 401k match, unlimited PTO

Cons

Management plays favorites - whether the person is good at their job or not, and those are the only folks that get promoted. If you try to better yourself and get a higher paying role within the company, they will only pay you the minimum of the pay range. You are literally punished for trying to grow within the company. Super cheap on pay, pathetic raises, especially if you're not a favorite. They did not even pay me the minimum for their own defined pay range for my role!

Explore other reviews about LPL Financial

5.0
May 3, 2026
Recommend
CEO approval
Business outlook

Pros

Great culture and work life balance

Cons

Pay for area of living on lower side

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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