Do not waste your time - Service Experience Professional LPL Financial Employee Review

1.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Cafeteria. Get your birthday off.

Cons

Where do I even begin. The service department at LPL is horrible. The culture is awful and everyone hates helping anyone in other departments. The advisors are extremely rude. You are expected to be a robot and take call after call. You are micromanaged down to the second. There are no paid sick days so you are expected to use your PTO when sick. The pay is very low. The annual merit increase is a joke ( literally like 20 cents)even when you performance at a high level and earn the 7% increase (they tell you the department was only given x amount of dollars for merit increase). If you want to get licensed, good luck trying to get them to sponsor you. Promotions are based on favoritism. Company claims to be "client centric mindset" but it’s just all about numbers. Let's not forget about how the new hires are being paid more than current employees with more experience and LPL hasn't planned anything on raising salaries.

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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