Pros
Decent culture overall HSA company contribution Branch co-workers are mostly nice Pension vested after 5 years Seems to value diversity and inclusion
Cons
-Your manager will not care about you or your clients, only numbers -It will be highly suggested that you move most client assets into fee-based accounts, whether it makes sense for them financially or not -You will be held accountable for every customer complaint, no matter how crazy they are -You will be questioned on every trade, guilty until proven innocent -You will be responsible for timely money movements through fax, overnight, and web. Branch didn't tell you about that client check that came in? It's on YOU. Insurance company didn't process that faxed distribution request and customer complains? On YOU -Your thoughts and ideas will be shut down by management because you'll be nothing but risk to them -You will pay outlandish premiums and deductibles for Health Insurance that's pretty much catastrophic coverage only -Your prescriptions will be through Express Scripts, worst company in America winner multiple times -You'll be inundated with e-mails about training, compliance, meetings, activity, branch employees, and everything else unrelated to helping clients manage money. E-mail is the gold standard at US Bank with employees because it's "documented". Your client e-mails, however, are all monitored and you will be at fault if they word something unknowingly suspicious. Most advisors from other banks may find these items as commonplace. However, for those that are thinking about joining a bank for the "introductions", there's always a catch (above). I'd think long and hard before you brought over an existing client base or book. Most new hires, however, seem to be those without a book hoping to catch lightning in a bottle