Toxic Leadership and Unsavory Practices in EPMO - VP LPL Financial Employee Review

1.0
18 Dec 2024
Recommend
CEO approval
Business outlook

Pros

The company offers competitive compensation and benefits. Flexible work options for some roles.

Cons

Leadership Concerns: Senior Vice Presidents (SVPs) and Executive Vice Presidents (EVPs) prioritize personal alliances, fostering a culture of favoritism. Toxic Environment: The EPMO is plagued by "mean girl" cliques, who are protected and rewarded regardless of their divisive and toxic behavior. Favoritism Toward Contractors: Contractors are often treated better than full-time employees, receiving preferential treatment in workload, recognition, and sometimes opportunities. Lack of Transparency: Abrupt layoffs with minimal communication erode trust, leaving employees blindsided. Workplace Politics: Hardworking employees are often overlooked or dismissed, while toxic individuals and contractors aligned with leadership are shielded and rewarded. Erosion of Morale: Promises of stability and fairness from leadership often contradict their actions, creating widespread frustration and dissatisfaction.

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.

3
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