Great environment and people but not the best pay - Trader LPL Financial Employee Review

4.0
Mar 6, 2019
Recommend
CEO approval
Business Outlook

Pros

Great campus including awesome cafeteria. Business casual, comfortable, vibrant atmosphere. Good to their employee and encourage internal growth.

Cons

Although LPL encourages internal growth, they have promotion compensation cap of like 6 or 8%. So it pushes employees to leave the company just to get compensated their worth within a position. Ex. You start their making $50k. Eventually get promoted. Since you are only allowed to get an additional 6% you now make $53k. However, if they hire someone off the streets for this role they may hire them at $80k (the positions worth)

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.

1.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Competitive pay — Compensation is solid compared to industry averages. • Pockets of good people — There are teams with genuinely decent, hardworking individuals trying to do the right thing. • Occasional bright spots — A few groups operate professionally despite the broader culture.

Cons

Retaliation everywhere — Speak up and you’re targeted. • Fabricated reviews — Feedback is made up to justify punishment. • Toxic cliques — Closed circles run the place and crush anyone outside them. • Hostile leadership — Belittling and aggression are normalized. • Politics over skill — Competence is irrelevant; alliances decide everything. • Fear‑driven culture — Employees stay silent because retaliation is guaranteed. • Hypocrisy everywhere — You’re excluded, then blamed for not being involved. • Values are a façade — The company talks integrity but operates on intimidation.

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