Like all places... good and bad. - Anonymous employee LPL Financial Employee Review

3.0
23 Feb 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

All of my bosses have been good about flexible schedules in regards unexpected events or family emergencies. Work life balance is very manageable. Yes there are bad days where you need to put in 10+ hours but there are also the days where you leave early because it is slow. Moving up isn't that hard if you are smart and work hard. There is a lot of legacy thinking at the firm that makes it easy to shine.

Cons

Salary has nothing to do with your talent or value you bring to the firm. Some areas are loaded with AVPs and VPs who all get 100K plus for doing nothing while there are others who are actually running the ship get peanuts. Get in with the right areas and it is a cake walk with little to no responsibility. Very little tuition assistance (3K per year). To compare, Commonwealth and US bank do 5K each.

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.

3
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