Pros
You can rise through the ranks of this company with very little expertise (show up and don't make mistakes) and earn a moderate salary. However, even the pay is not consistent with other wall street firms. (See cons below for why) The bar is set very low here.
Cons
LPL pays it's advisors the highest payout in the industry. This is not done through innovation or technology advantages, it's done through cutting regulatory corners, outsourcing critical business functions and paying low wages to everyone from executives to front line staff. (Thus often attracting a lack of expertise in key roles). LPL's customer facing technology is out dated. Management is aloof and the culture is one of blame and never ending crisis. (It's always a crisis for the above reasons, money isn't invested in smart ways and corners are cut across the board)