LPL is losing its grip - SVP Operations LPL Financial Employee Review

2.0
Apr 11, 2025
Recommend
CEO approval
Business Outlook

Pros

Great company with lots of great attributes and very innovative but all of this means nothing if the bad seeds are allowed to infest the organization.

Cons

LPL has systemically let go of all of the employees who have any courage at all and has promoted a group of "YES" men and women to leadership most of whom have no idea what they are doing and are great at managing up. If we are to properly service 50K advisors, we simply need people who have courage and can get the work done and know what they are doing and if not have the courage to ask! Stop hiring people who don't know our business and moving out the people who actually know whats going on... There are departments on fire where everyone is leaving! What is being done about this?

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.

1.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Competitive pay — Compensation is solid compared to industry averages. • Pockets of good people — There are teams with genuinely decent, hardworking individuals trying to do the right thing. • Occasional bright spots — A few groups operate professionally despite the broader culture.

Cons

Retaliation everywhere — Speak up and you’re targeted. • Fabricated reviews — Feedback is made up to justify punishment. • Toxic cliques — Closed circles run the place and crush anyone outside them. • Hostile leadership — Belittling and aggression are normalized. • Politics over skill — Competence is irrelevant; alliances decide everything. • Fear‑driven culture — Employees stay silent because retaliation is guaranteed. • Hypocrisy everywhere — You’re excluded, then blamed for not being involved. • Values are a façade — The company talks integrity but operates on intimidation.

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