Great place for minorities to get promoted ahead of their skill level. - Senior Compliance Analyst LPL Financial Employee Review

1.0
3 Oct 2008
Recommend
CEO approval
Business outlook

Pros

Friendly atmostphere, Great office location

Cons

If you are female or a minority...this is the place to work and get promoted quickly. I have seen numerous highly qualified white males passed over for promotion and newly hired females (black, hispanic etc) be placed in positions of responsibility for which they then have to be trained by those same passed over white males. I have seen instances where a young white male leaves the company on good terms and is not hired back, but a young white woman leaves for a rival b/d and then comes back only to be promoted to a senior management. Senior management has said (off the record) that while they are aware of areas that we should improve our compliance oversight (of our 11,000 plus financial advisors), they won't do so until FINRA or the SEC fines us.

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.

2
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