Ok company but back office and technology is really behind - Operations Manager LPL Financial Employee Review

3.0
Apr 20, 2019
Recommend
CEO approval
Business Outlook

Pros

People are friendly but bless their heart they have no clue what they are doing because of the lack of training.

Cons

Back Office Reps aren't trained well and often give you the wrong info. Technology is so way behind everyone else in the industry. You're better off working in a wire house because independent firms are rather cheap in all aspects. LPL spent so much money on the new system ClientWorks and they had to make so many corrections and even brought back the old system because the new one wasn't working properly. As a result of the lack of knowledge and help, our team left LPL and went to another independent B/D. In fact other teams from LPL are here as well so that says something. Intranet is horrible and hard to navigate. No employee Directory!!!!!

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.

3
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