Service Center, specialized team- decent pay but DONT DO IT - Service Center Representative LPL Financial Employee Review

1.0
9 Jan 2019
Recommend
CEO approval
Business outlook

Pros

Time off, on-site gym with classes, game room (but you never get to use it), on-site nurse, training program

Cons

I used to love it here but I can tell you now, I hate it more than ever. Being in service is miserable! You’re constantly watched and on time constraints for everything. Lunch is only a half an hour. You’re questioned every second you’re off the phone. You’re expected to speak to financial advisors 97% of your day and if you need time off the phone to research issues you must apply for it. Call volumes are excessive (taking upwards of 50 calls a day). Being on the specialized line, you get call transfers from the other service teams, and they do not try to help the advisor or solve the problem and they have miserable attitudes, they transfer to get advisors off the line. Not all of your teammates are trained equally, and then the others don’t care if they give bad information, leaving you to handle an angry advisor calling in for the third time. But you can’t correct anyone because they cry to your manager that you’re mean. Your team mates will team up against you and bully you. Management doesn’t hear both side of the argument and make rash decisions. Management will ride you like a work horse. Unfair advantages are given to the wrong team members. The financial advisors like to call in and yell and swear and call names. There’s rapid depression and anxiety amongst most people in service. Do 99 things right and you’ll only hear about the 1 thing you did wrong.

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.

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