Low morale. Don't work here if you plan to get securities licensed! - Anonymous employee LPL Financial Employee Review

3.0
Dec 28, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

* Better than unemployment * Paycheck * Colleges

Cons

Middle management barely knows the business and lack comprehensive knowledge of operation day to day practice. Also, some managers barely know how to construct a complete sentence. Perhaps, they should enroll in the LPL University. The company verbally give recognition but no monetary compensation for delivering best practice for efficiencies. The singular word used most often at LPL is transparency. Please don't ever mention to advisors that offshore processors are in India! We can't be that transparent. Don't expect to get sponsorship to get your securities license if your job or department doesn't require it. The company doesn't pass the cost saving from offshore to reinvest career development.

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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