Great People - Horrible Pay - Assistant Vice President LPL Financial Employee Review

3.0
Mar 28, 2010
Recommend
CEO approval
Business Outlook

Pros

I have worked at LPL for almost 8 years and have had a certain amount of success mostly due to my immediate managers and coworkers. I have worked my tail off and have consistently been recognized with promotions and additional responsibility.

Cons

What I haven't received is any significant raise, bonus or other benefits. The firm has been talking about going public for 10 years as if that would benefit those of us who do the day to day heavy lifting. So far no one but the senior executives has gotten anything. In fact they cut 401k matches while giving themselves additional shares. All while asking us to do more for less. It's insane.

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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