Do not waste your time - Service Experience Professional LPL Financial Employee Review

1.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Cafeteria. Get your birthday off.

Cons

Where do I even begin. The service department at LPL is horrible. The culture is awful and everyone hates helping anyone in other departments. The advisors are extremely rude. You are expected to be a robot and take call after call. You are micromanaged down to the second. There are no paid sick days so you are expected to use your PTO when sick. The pay is very low. The annual merit increase is a joke ( literally like 20 cents)even when you performance at a high level and earn the 7% increase (they tell you the department was only given x amount of dollars for merit increase). If you want to get licensed, good luck trying to get them to sponsor you. Promotions are based on favoritism. Company claims to be "client centric mindset" but it’s just all about numbers. Let's not forget about how the new hires are being paid more than current employees with more experience and LPL hasn't planned anything on raising salaries.

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.

2
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