BAD Pay, decent culture - Senior Analyst LPL Financial Employee Review

1.0
9 Sept 2025
Recommend
CEO approval
Business outlook

Pros

Have overall enjoyed my co-workers. They took away our training, but if you request to have your PD paid for (ie: coursera) then they will give you the green light. The work is good enough. Its constantly changing 2 of my 3 managers have been great

Cons

Biggest con: the pay. They will give a pay scale of 40K and you can make ONLY up to the mid-point, unless you stay in the position without a promotion.... and even then you will only get an annual (merit) raise of ~2-5%. So ie: I got all Exceeds Expectation (4/5) and Outstanding (5/5) for my performance and only received a 6% bonus and am only up to 88% of the midpoint... so still on the Low end of the published scale. If you get a job here, you'll never make the high end, even with Exceeds Expectations reviews... LPL is the type of company that'll give bonus' but then decide they don't have money for bonus'. After our mandatory mid-years, which was just after surprise layoff, this year the company decided they weren't doing any promotions until March. So talk about destroying company culture. You lay off people and then AFTER the employees had to turn in their mandatory mid-year for promotions, HR put out that they weren't doing promotions. .... It's a job. You are a cog in the wheel here. You can get unlimited PTO at Sr. Analyst and up.. but... idk take the job if they offer it.. but keep your LinkedIn open

Explore other reviews about LPL Financial

5.0
3 May 2026
Recommend
CEO approval
Business outlook

Pros

Great culture and work life balance

Cons

Pay for area of living on lower side

2.0
23 May 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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