Some good people, but many not so good - Anonymous LPL Financial Employee Review

2.0
Oct 31, 2024
Recommend
CEO approval
Business Outlook

Pros

Most of the people who work here are great. Some of the leaders lead by example, especially the new CEO, and the heads of Technology and Legal. Challenging work. Decent benefits but getting worse and more expensive over time. ESPP plan and stock performance.

Cons

Some coworkers and leaders are entitled, rude, full of themselves and surround themselves with yes men/women. Company culture has eroded in the past couple of years. The return to office hasn't been widely embraced. Workload is never ending and compensation is not great. Big focus on growth and bringing in new business but a poor infrastructure and lack of resources to support those faced with serving that new business leads to frustration for employees and clients. New head of HR is not great and a huge step down from the prior HR leader. Leaders at the EVP and MD levels are a mixed bag.

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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