Would rather chew on aluminum than go back to work there... - Anonymous employee LPL Financial Employee Review

1.0
Dec 9, 2009
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great for advisers - they get whatever they want when they want...

Cons

Very few graduate (or even college) degrees in senior management = very low competency level, it's hard to have faith in management when you can do a better job yourself...pay is horrendous, raises were running at 1% tops when I left (and this was during the "good" years!), options were handed out to cronies willie-nilly over the years, and when the company was bought out by TPG the better employees received nothing while the laggards were getting paid upward of $200K each when they were bought-in...the list just goes on and on and on...

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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