Fantastic Place to Work If You Value Mediocrity and Lack of Vision - Assistant Vice President LPL Financial Employee Review

1.0
Jan 10, 2025
Recommend
CEO approval
Business Outlook

Pros

Paychecks deposited on time, most employees know their goals by the middle of the year, Halloween party is really fun!

Cons

"Be great from anywhere" abruptly shifted to "return to office" with a confusing and frustrating mandate that could be interpreted differently by each business unit. Business units that wanted to outsource or hire friends chose more aggressive RTO plans that isolated and disengaged team members who were hired as remote. Technology is outdated and not prioritized. "Digital transformation" and "Agile" projects fizzle out because leadership fails to define goals and success metrics, or changes focus before team-defined goals are met. Product teams are really project managers, with no concern for user experience or underlying technology. Despite the relative youth of the firm, most new executive hires come from outdated/old-school companies and don't value innovation or new ideas. Recent layoffs focused on older team members and new hires are focused on junior roles.

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.

3.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work life balance and benefits are pretty good depending on management. Really the only thing that kept me here so long was the people in my team.

Cons

Pay is lacking compared to competitors. CEO makes 15 million and CFO makes 10 million, but they don't want to pay competitive wages. Senior Leadership in finance space have brought it up, but little to no change

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