My 4 years at LPL Financial - Senior Operations Specialist LPL Financial Employee Review

2.0
Mar 26, 2018
Recommend
CEO approval
Business Outlook

Pros

Working indoors, no clock punching. On site clinic.

Cons

Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any. There were no raises for 3 out of the 4 years of my tenure. During my 4 year employment at LPL Financial, I discovered that the company has the Mcdonalds and Walmart leadership philosophy, which is, lets take advantage of the labor market by capitalizing on low pay and high turnover and not consider the cost savings of higher paid and happier employees (low turnover). Employees are considered expenses not assets. Also, this company wishes to outsource and resource as much as possible. I saw an entire department almost vanish overnight, putting heavy strain on the few employees that remained in that department. Overall, the leadership at the highest level disgusts me. Building Office conditions are deteriorating, the carpet is never steamed cleaned and vaccumed poorly, vents also are accumulating dust. The drinking water taste like tap water, without adequate filtration. Many employees feel my sentiment, it is especially felt in the town hall meetings. Overal uptight atmosphere, low employee morale, low pay, high volume work, high expectations with strict deadlines, the executives think an occasional free lunch is adequate to keep employees happy.

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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