LPL Financial – Boston, MA
• Collect, organize, and synthesize personal and financial client information • Preparation of all client… LPL Financial
I have been working at LPL Financial full-time (More than 10 years)
Good learning and career path opportunities but you have to be opportunistic and able to tolerate a strategy that is "all things to all people", a high degree of ambiguity, and lack of organized and standard processes.
NOT a people first culture (clients or employees). Employer of choice and client-centricity commitments are lip service when considering actual actions and decision making. It's mainly a self-preservation, short term, profit motivated organization with decision making dominated by the c-suite, little to no distributed empowerment, and a work environment that is very busy but not productive. It's also very political, increasingly so in the past few years.
Advice to Management
Be more focused from a strategy perspective (make hard choices and divest from something) and genuinely put your clients and employees first, not yourselves or other shareholders. Shareholders get taken care of if you focus on creating value for customers and employees -- that's what creates a great business. LPL was once a great business, not so much anymore.