LPL is losing its grip - SVP Operations LPL Financial Employee Review

2.0
Apr 11, 2025
Recommend
CEO approval
Business outlook

Pros

Great company with lots of great attributes and very innovative but all of this means nothing if the bad seeds are allowed to infest the organization.

Cons

LPL has systemically let go of all of the employees who have any courage at all and has promoted a group of "YES" men and women to leadership most of whom have no idea what they are doing and are great at managing up. If we are to properly service 50K advisors, we simply need people who have courage and can get the work done and know what they are doing and if not have the courage to ask! Stop hiring people who don't know our business and moving out the people who actually know whats going on... There are departments on fire where everyone is leaving! What is being done about this?

Explore other reviews about LPL Financial

5.0
May 12, 2026
Recommend
CEO approval
Business outlook

Pros

Great Resources and support teams!

Cons

Too much back office turnover at times leaves support team lacking accurate answers

1
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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