Pros
- Caliber of people and diversity of backgrounds - Challenging, interesting job opportunities offering great deal of experience/learning opportunity - Strong reputation, good for CV and career advancement - Work/Life balance is better than at Investment Bank - Good culture and working climate
Cons
- Bureaucratic, inflexible structures inside company - Poor monetary reward for individual accomplishments and top performance, e.g. below industry-average pay and limited bonus potential compared to Investment Banking or Hedge Funds - not in line with reputation and top performing employees, most uneven bonus distribution (anything below Managing Director reward is peanuts plus warm handshake) - Systems are entirely in-house (no transfer of knowledge) and inefficient