Poor Management - Anonymous employee LPL Financial Employee Review

2.0
5 Jun 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great coworkers. Since it’s poorly managed team members pitch in and help one another to solve issues. Also it’s something to have on your resume while you search for a career at a better company.

Cons

It’s poorly managed. They do not listen to employee feedback. When employees try to tell management areas of concern managers blame employees for there being problems and disregard all complaints. Management doesn’t care to understand what is really going on and will make changes without realizing how it affects day to day processes. They reduce the workforce as much as possible and make people accountable for too many processes leading to employee burnout. Management regularly leaves their responsibilities for lower level employees to do but do not compensate them for the extra responsibility. There are very few opportunities for advancement. You will not learn much here except how to look for another job. The health insurance could be better and bonuses are a joke, firms are more competitive. They will tell you

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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