LPL Financial reviews

Don't stay here long. You'll be overworked, underpaid, under-appreciated and then you'll watch someone come in with the same title, with little experience, no drive, "clock-puncher" and find out they make $7-10k more than you. LPL is a corporation who has stockholders, their mission is for the betterment of their stockholders, which is understandable. Over the years, I've seen completely incapable people in major decision making roles with no obvious repercussion when they put the firm at risk for (or actual) regulatory fines. Then at the same time LPL makes a decision to offshore a large chunk of operations including parts of departments I feel should never belong belong outside of the US. I also don't understand how they made the individual decision to lay certain people off, it screams of agism. I wish those people the best but I would imagine that it's quite difficult to find a new position when you're in your early 60's and you work in an operation role. At the time I thought that maybe it was just a fluke but as we transition thru another layoff (3rd that I've seen in less than 6 years although there have been more in additional departments) while they move more of operations to the SC office, I've seen the oldest people on the impacted list. Plus, again I don't know how they made their decisions to cut certain people. Many of whom have incredible knowledge of this industry and of the positions that they were in. It won't be a smooth transition especially since they are letting go the "best and the brightest" while leaving the incompetent leadership to lead departments they don't understand. And to add salt in the wound, it was pretty obvious that while they were laying off people some lower leveled management were promoted so that they wouldn't be impacted by the layoffs. LPL has no heart for their employees but at least we have free soda and a new building. Cheers, great job LPL!