Great environment and people but not the best pay - Trader LPL Financial Employee Review

4.0
Mar 6, 2019
Recommend
CEO approval
Business Outlook

Pros

Great campus including awesome cafeteria. Business casual, comfortable, vibrant atmosphere. Good to their employee and encourage internal growth.

Cons

Although LPL encourages internal growth, they have promotion compensation cap of like 6 or 8%. So it pushes employees to leave the company just to get compensated their worth within a position. Ex. You start their making $50k. Eventually get promoted. Since you are only allowed to get an additional 6% you now make $53k. However, if they hire someone off the streets for this role they may hire them at $80k (the positions worth)

Explore other reviews about LPL Financial

5.0
May 12, 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
3.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great pay and getting OT pay. Awesome team of SMs and RTEs who felt like family and we all wanted to see each other succeed. I was exposed so a lot of situations which strengthened my skill set. Learned the SAFe model and it looks great on resumes. I personally had a great boss, bosses boss, and RTEs.

Cons

Executive leadership is ruining the culture. Many of the amazing Directors, AVPs and RTEs left due to the poor Executive leadership who do NOT know a single thing about Agile principles. Releases are 1x/mo so you have to work one Saturday a month which can sometimes be longer than a normal workday. Release Mgmt team is very difficult to work with and can be very disrespectful. They don’t hide it and it’s accepted. Execs killed remote work.

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