Horrible - Technical Project Manager LPL Financial Employee Review

1.0
2 Oct 2011
Recommend
CEO approval
Business outlook

Pros

Hard to think of any-- They leverage the fact that they are the only recoginized financial company in San Diego- Soda machines 0.25$. They pay a little better than the market- Great place for PM's with upto 3-5 yrs experience. Sr PM's or PgM's -strictly avoid!!

Cons

From a PM perspective: 1. Lot of churn in the middle management roles.They rotate or Fire PM's like changing shirts. 2. Higher management sucks-- too many cooks and lots of chaos and confusion filters to the next level. 3. No clear vision or strategy from higher management on projects- they start projects , then realize it doesnt make sense and put them on hold leading to churn in the projects. 4.Frankly speaking, its a back office shop for advisors- so not much new advancement in technology 5. Their IT budget is comparitvely small compared to other competitors 6. PM role is more of a glorified co-ordinator- PM's dont have much authority nor do they get to handle project budgets. 7.Lots of favoritism given to ass-lickers and work efforts frankly doesnt matter but i guess that must be there in other companies too 8. No Growth Potential !! You ll be stuck in the same position for years but if you like that then certainly a good place. 9. Worst place for Contractors- they are treated far worse than other companies in my experience.

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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