Upper Management Should Take an Inward Look at Themselves - Legal LPL Financial Employee Review

1.0
May 28, 2019
Recommend
CEO approval
Business Outlook

Pros

I thoroughly enjoyed this position when I began my career path with LPL. I had high hopes and fully intended to make a career within this company by becoming an expert in my field and thriving within the legal department. I thought I had an opportunity to do so and did meet a number of professionals along the way that were a pleasure to work with and would have helped any of their colleagues achieve their desired goals. Morale was great and the team that I worked with was friendly and effective. A number of us, past and current colleagues, still keep in touch. This was a family. Once the leadership of the company began to change all of the aspirations I had and the culture of the company were suddenly no more.

Cons

Leadership of all levels are oblivious as to how to treat their employees or run said departments. A company that once looked to their employees for feedback no longer cares for their opinions or the value they add to the company. Senior management has taken a position to harass and bully employees forcing many to seek new employment. The toxicity and hostility of the environment has forced other former colleagues to quit without securing employment elsewhere when the environment has become unbearable. You are honestly left with the decision of choosing between a paycheck or your mental and emotional health - I took the first position I was offered outside of the company as well as a pay cut because I could not handle the hostility of the department I was working in or the ineptitude of Senior and Executive Management. Senior management has tormented colleagues both publicly and privately among immediate colleagues and colleagues outside of the department. Numerous pleas to HR and employee relations have gone unanswered or ignored. Apparently all you need to do is have a connection with an executive to destroy the morale in department without consequence.

Explore other reviews about LPL Financial

5.0
May 27, 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
May 23, 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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