No advancement opportunity. Get a good package at time of hiring or FORGET IT!
Pros
stability, benefits (although they are decreasing due to bad managment and stingy management only interested in themselves).
Cons
Management (especially upper level) is only interested in their bonuses and don't care about what you contribute to the company or what your opinon of the company is, frankly (prove me wrong FINRA--I beg you). 360 degree reviews have been suggested by the workforce for SOME time now (like years, possibly a decade) and NEVER approved by management because, why??? I don't know but I can make some pretty fact-based conclusions. Outside applicants are ALWAYS seen as worth more than internal candidates (grass is ALWAYS greener). Management doesn't know how to lead and upper management doesn't care as long as the are "subject-matter" experts. How about some training on how to manage people for managers--oh, I forgot--you tried that one time and then decided it cost too much and, to boot, you didn't give the trainees (that you were allegedly training for managment positions in FINRA so you didn't loose them in the marketplace) that completed the program ANY additional responsibility or possiblities for advancement! FINRA is LUCKY that they were given the "monopoly" that they were over the regulation of stock markets and broker-dealers. So, they essentially have a corner on the market in that respect (I've actually heard senior level managers brag about this) and don't have to "earn" their stripes as any commerical entitiy would have to do.