Pros
*Access to a wide variety of investment options and the ability to access banking products for clients that are interested.
Cons
*Incredible waste and overhead from redundant layers of management. Many could be fired tomorrow and employees wouldn't notice. There are also unnecessary job positions like "productivity consultants" that do nothing except forward e-mails with information that's already available to us. *Technology is awful. My computer constantly freezes for the most basic functions like minimizing a window. I've had several computers and essentially they are so cheap they can't run our software efficiently. Things that should be done in a few minutes end up taking much longer. *Advisors have pay cut almost every year except when the bank had the scandal and they couldn't afford to lose more Advisors. *They only care about high net worth clients and nobody else. *Advisors are unable to discount trades beyond 5% without paying for it themselves. *Back office support is extremely incompetent, inefficient, and has no accountability.