Vantaggi
It has a nice office space within a nice building. One feels informed within the atmosphere due to the constant live Bloomberg stream. Small boutique atmosphere. Other brokers are willing to help you with your cold calling skills
Svantaggi
Initially broker's have to work insanely long hours (13 hours per day) for less than minimum wage, forced to use overly aggressive sales tactics with absolutely no autonomy or deviation from the cold calling script. Job is 100% cold calling and nothing else. Questions are discouraged and any question in regards to finance or as to why you are pitching a certain stock, or why you are pitching in a certain way is frowned upon. The senior brokers are all immature and have fun picking on new brokers while staying in the office for about 4 hours while new brokers work through the nights. The job is tedious, repetitive, boring, and stressful.