Pros
1. Customers are great and (i know it sounds cliche but....) it feels good knowing you are helping them achieve their goals. 2. Good benefits like health card, free banking, discount on iTrade 3. Huge organizations so lots of potential for growth (If by some miracle you get called for a position you applied for online, usually promotions given to friends and favorites
Cons
1. Office gossiping is very high and the Managers sit and do nothing to help the sales team meet goal. The pressure is completely on you. 2. Tremendous amount of paperwork and service issues that takes up the advisors time. Your whole day can get ruined with paperwork 3. Sales goals are ridiculous and stressful 4. Compensation is not worth the stress. FA4 $40k, FA5 $50k, FA6 $65k. Goals 12mil, 18mil, 26mil respectively for a medium size branch 5. High turnover (Maybe treat current staff properly and this will change). Also customers hate when their advisor changes often 6. When you leave work your mind will still be there (high stress environment)