Pros
Capital has great benefits. It has a Master Retirement Plan (MRP), through which the companies contributes 15% of your annual salary to your mutual fund selections. The firm is extremely well respected in the investment management industry. If your work is directly involved in the investment process, then you get to be involved in an amazing investment process. The investment call are intellectually stimulating because the portfolio managers and research analysts are smart and hard working. The investment calls are mostly collegial in atmostphere. The firm is probably the best in stock selection, in the world. You get to learn about the investment process and how portfolio managers and research analyst think about stock selection.
Cons
There are not enough vacation days (counting vacation day and floating holidays). There is not enough flexibility to transition to other full-time positions. It is virtually impossible to become an equity research analyst from within the firm. The firm is obsessed with hiring newly graduated MBAs from Harvard. It's obsession with the Harvard MBA can be considered a borderline behavioral disorder. It'll hire a few from Wharton or Stanford. Other than Harvard, Wharton, Stanford, it might hire someone from Insead or Columbia, once in a long time. The firm also does not focus on quantitative analysis in its investment process, the way other successful firms, such as BlackRock, does.