Growing pains, growth has caused a change in culture from founder's original culture. - Financial Advisor LPL Financial Employee Review

3.0
5 Nov 2013
Recommend
CEO approval
Business outlook

Pros

Freedom to develope your independent financial practice as you desire. The tools and options are available to create most advisory practice business plans.

Cons

IT and computer systems need to be updated and redesigned to make more user friendly. Charges for technology and systems expensive and less comprehensive then competitors. Most Home office support provided by lower level inexperienced staffers who screen calls and have to get answers from supervisors.

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
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