Can no longer recommend as a good company to work for - Senior Branch Examiner LPL Financial Employee Review

3.0
9 Aug 2024
Recommend
CEO approval
Business outlook

Pros

Flexibility, opportunity for career mobility and growth, company is steadily growing, the business is interesting,

Cons

The company has always been tight with money, but the growing disconnect between the company's financial success and the declining treatment of it's employees is alarming. Leadership will brag about unprecedented growth and financial success of the company and then in the same meeting announce that the $40/month reimbursement to employees who use their personal cell phones for business is being discontinued. I can no longer confidently say that LPL Financial is a company that sees its employees as valued assets. It's all about the bottom line and reducing costs wherever possible.

Explore other reviews about LPL Financial

5.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

Great Resources and support teams!

Cons

Too much back office turnover at times leaves support team lacking accurate answers

1
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
See reviews by: Helpful|Rating|Date|All