LPL Financial is not employee friendly - Anonymous employee LPL Financial Employee Review

2.0
Oct 26, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are a lot of good people that work at LPL. The relationships that I have been able to gain by working at LPL I will be able to take with me forever.

Cons

Executive management doesn't have a clear vision as to which direction the company is heading. Executive management also is not transparent to it's employees about what direction they are planning on taking the company although they pretend to be. They'll tell you on Monday that there will be no more layoffs and on Friday there will be a round of layoffs. The company is also notoriously cheap.

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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