Pros: none that i can think of
Cons: outsourcing, poor management, old technology, very unhappy employees
If you're considering LPL as an employer please know that the company in the beginning stages of outsourcing all employees including everyone from admin assistants to SVPs and managers.
LPL is doing their best to rid themselves of overhead in any manner possible. There are outsourced workers in the company now, all of whom have had their salaries cut while their health insurance premiums have increased. A double dose of bad for them.
This is the future for anyone, SVP and below who is hired by LPL Financial. The company is ridding itself of expenses chiefly because their stock has remained flat from day one.
Upper management is top heavy with far too many executives. If they were to cut 10% off the top tier, nobody would notice and it would add that much more money to the company.
Interestingly, all the cost cutting is being done while the company builds a state of the art multi-storey tower in San Diego and while their top tier management fly back and forth across the country in rented private jets. Luxury for upper management, low salaries and higher health insurance for everyone else.
My best advice to anyone considering LPL as a future employer is to look elsewhere. Take it from this current employee, avoid LPL at all costs.