Pros
LPL has an above average 401K lineup, and the benefits are pretty good. It is a great place to build a base knowledge about the industry, and the potential for an upward career path.
Cons
It has been frustrating with the people that get promoted into Manager, AVP, and VP positions. Although they may have the technical knowledge, too many have almost no understanding of what it takes to be a great manager of people. At the same time, this may be because being a manager of people is an acquired skill, which takes not only time, but a desire to learn. And if there is no incentive to try to get the best out of your employees, eventually they become disengaged. Also, almost everyone seems to be paid below average for the industry, and raises for the majority are 2% per year. It takes an act of God to get more than this. Lastly, since the major outsourcing initiative was announced in February, which is still pending, the morale in the affected departments is noticeably low. All in the name of improved efficiency and expense management. But such is the world of capitalism.