Vantaggi
Compensation is solid. New grads will make half a million dollars a year for the first 2 years and then grow slowly from there. Benefits here are unmatched. Great health/vision/dental insurance, PTO is good for finance - 15 days for <2 years, 20 days if you have 2+ years of experience, plus 2 floating holidays and 2 personal days on top of the 10 NYSE holidays every year. There's also a company policy where you can expense dinners for free up to $100 per person if you have 4 or more colleagues present. On top of that, free food and drinks at the office plus uber eats for dinner if you stay past 7pm. Free Ubers to and from the office as well if you go in before 7am or after 7pm.
Svantaggi
Comp growth and upside is lacking compared to other top shops. Compensation grows by a fixed percentage every year rather than a meritocratic model based on performance. There is a very small personal/team performance metric; it is much smaller than any other top shop. The benefit here is that people/teams are hedged on bad years. Large mismatch between compensation for lateral hires versus traders who joined as new grads. Lateral hires are often over-compensated. Home-grown traders comp almost always lags behind even if both people have the same YOE. A lot of inexperienced and incompetent managers who are often hired laterally. Complete bozos running some desks.