Pros
paid training while you get your license
Cons
They encourage you to partner with senior advisors when you go after accounts. Then you have to split the revenue 50%. So you do 100% of the work for 50% of the money. No one will help you, mentor you, accompany you on a call, or answer questions without claiming 50% of the revenue for life. Also, they dump accounts on you that generate no revenue - they sold them something years ago, it pays nothing, but the client calls you all the time. And new advisors get zero support or help from admin/clerical people, yet they don't teach you how to do any of it yourself. You spend all your time chasing down admin stuff, while the clerks are outside the building smoking cigarettes. Management does not care about the new people, only the older big producers, and helping them get 50% of everything you do, so they don't leave and go to another firm.
