Nothing too spectacular. - Operations Specialist. LPL Financial Employee Review

2.0
23 Oct 2008
Recommend
CEO approval
Business outlook

Pros

LPL is a fast growing company and is a great way to get some financial experience. There are many entry level positions for recent college graduates.

Cons

The employee retention rate is low because the salary is extremely low. Its tough to live on a low salary in expensive San Diego. Also, I feel that this company does not care very much for their employees (will not sponsor non citizens and no letter of references allowed). A lot of the structure in the back office needs to be cleaned up. LPL LOVES to low-ball people on salary... It's borderline abusive business practices. I can't believe this company is so stingy when it is doing extremely well.

Explore other reviews about LPL Financial

5.0
27 May 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.

2.0
23 May 2026
Recommend
CEO approval
Business outlook

Pros

LPL Financial offers a flexible hybrid work model, which is one of the better aspects of the company. Managers are generally not overly strict about specific in-office days, giving employees some flexibility in managing their schedules.

Cons

Work-life balance is a major challenge. Weekend release work is common, often averaging two weekends per month, yet there is no overtime compensation. Employees are essentially expected to work a full workweek plus weekends when needed, which has contributed to high turnover on some teams. The culture can also feel harsh and impersonal. Leadership rarely expresses appreciation or recognition for employee contributions, which negatively impacts morale. Some managers come across as cold or overly task-focused, creating an environment where employees feel valued only for output rather than as people. There also appears to be a lack of trust between employees and leadership. Many teammates do not seem confident that leadership understands or genuinely addresses their concerns. Overall, morale feels low, and recognition for strong performance appears limited.

2
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