My 4 years at LPL Financial - Senior Operations Specialist LPL Financial Employee Review

2.0
26 Mar 2018
Recommend
CEO approval
Business outlook

Pros

Working indoors, no clock punching. On site clinic.

Cons

Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any. There were no raises for 3 out of the 4 years of my tenure. During my 4 year employment at LPL Financial, I discovered that the company has the Mcdonalds and Walmart leadership philosophy, which is, lets take advantage of the labor market by capitalizing on low pay and high turnover and not consider the cost savings of higher paid and happier employees (low turnover). Employees are considered expenses not assets. Also, this company wishes to outsource and resource as much as possible. I saw an entire department almost vanish overnight, putting heavy strain on the few employees that remained in that department. Overall, the leadership at the highest level disgusts me. Building Office conditions are deteriorating, the carpet is never steamed cleaned and vaccumed poorly, vents also are accumulating dust. The drinking water taste like tap water, without adequate filtration. Many employees feel my sentiment, it is especially felt in the town hall meetings. Overal uptight atmosphere, low employee morale, low pay, high volume work, high expectations with strict deadlines, the executives think an occasional free lunch is adequate to keep employees happy.

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
15 June 2026
Recommend
CEO approval
Business outlook

Pros

The people are nice to talk to.

Cons

You take 35+ calls back to back all day. You’re expected to be triple skilled which which is a lie. It’s always a lie, and you’ll always be gaining more skills, but with no greater pay. You also have to say when you’re going to the bathroom. Every single part of your day is tracked and you will be micromanaged and you have to text a group chat every time you get up from your computer even for scheduled lunch and breaks.

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