Supervisor - Anonymous employee LPL Financial Employee Review

2.0
Sep 2, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Convenient location, good medical benefits, and had the privilage of working with an exceptional group of people that brouugh positive energy

Cons

Too many know nothing managers better suited for retail than a brokerage firm. Promotional opportunities are far and few between; awarded to the best connected rather than the most competent. Compensation is for the most part based on seniority and not ability. Someone having spent a decade in the same job, performing the same menial tasks will make more than an individual performing the duties of two people and engaging in more challenging activities because they're one of the few people competent enough to do it. Staffing levels are slim resulting in overworked, stressed, and employees eager to leave the company should the opportunity arise. Outsourcing to india compounded many of these issues. Upper management badly miscalculated what they were capable of and the advisors are paying for it with delays, reduced quality, and irritated clients.The indian partners dropped the ball right out of the starting gate and cant seem to hold on to it long enough to justify their role outside of the gains being made in reduced payroll costs which have been cancelled out by liabilities/losses incurred by them. The qualititve costs are far worse

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5.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Great Resources and support teams!

Cons

Too much back office turnover at times leaves support team lacking accurate answers

1
3.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great pay and getting OT pay. Awesome team of SMs and RTEs who felt like family and we all wanted to see each other succeed. I was exposed so a lot of situations which strengthened my skill set. Learned the SAFe model and it looks great on resumes. I personally had a great boss, bosses boss, and RTEs.

Cons

Executive leadership is ruining the culture. Many of the amazing Directors, AVPs and RTEs left due to the poor Executive leadership who do NOT know a single thing about Agile principles. Releases are 1x/mo so you have to work one Saturday a month which can sometimes be longer than a normal workday. Release Mgmt team is very difficult to work with and can be very disrespectful. They don’t hide it and it’s accepted. Execs killed remote work.

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