Turnover high... Moral low - Anonymous employee LPL Financial Employee Review

1.0
Sep 22, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free food (fruit, cereal, peanut butter, jelly). New offices and young group.

Cons

Too many bosses, structure is confusing in company. Moved to a new floor to become "one company" only to be separation between operations/tech/executives. Pay for parking (company is too cheap to pay the $30 per month/per employee and only $30 commuting benefits when metro costs $2.85 each way during rush hour. Autonomy since company purchase is low (Fortigent to now LPL Financial), feels like LPL is Big Brother. Reviews are a joke, perception is everything and actual work is nothing. Flexibility is gone, punch in/punch out is like being in 5th grade, no upward mobility, do the same thing year after year with little changes.

Explore other reviews about LPL Financial

5.0
May 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture and work life balance

Cons

Pay for area of living on lower side

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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