Turnover, Non-Productivity and Micromanagement, Oh My! - Technology Analyst LPL Financial Employee Review

2.0
20 May 2022
Recommend
CEO approval
Business outlook

Pros

If you don't like doing real work, this might be the place for you.

Cons

Our department has lost 3/4 of the people since being hired 18 months ago. Most without notice or a peep from their remaining teams or managers. For every employee, there is a manager or "AVP". To say they have a "management problem" would be like saying the Atlantic Ocean has a fish problem. Nothing gets done here. We're talking about the same things in meetings we were a year ago. I have no idea how and why these people collect paychecks when they have nothing to show for them.

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