Beware---You are not valued or trusted - Associate Service Consultant LPL Financial Employee Review

1.0
8 May 2015
Recommend
CEO approval
Business outlook

Pros

Nice facility (gym, cafeteria and desks that go up and down to allow you to sit or stand). Decent benefits (401K, health, dental). Many nice people to work with.

Cons

Terrible, unfair pay for loyal employees. I have been in the Service Center for over 9 years and the new hires make nearly as much as I do under the new, improved compensation guidelines...LPL will not adjust the salaries of the long-term, loyal employee. The Service Center is integrating Monet workforce software which is indicative of a management that does not trust its employees...I can no longer go to the bathroom when I want and breaks & lunches are no longer consistently planned...I can only go to break or lunch if the software program indicates that call volume is at an acceptable level for me to go eat. "Bottom-line" mentality also manifests in rampant outsourcing which creates endless operational errors. Hugely inefficient processes. You must be married to a working spouse in order to make enough to live sufficiently

Explore other reviews about LPL Financial

5.0
3 May 2026
Recommend
CEO approval
Business outlook

Pros

Great culture and work life balance

Cons

Pay for area of living on lower side

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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