Vantaggi
This broker/dealer truly cares about their securities reps/financial advisors. They want us to grow our individual business, and have many departments and opportunities to do so, the home office staff are knowledgable and professional and the technology is top of the line.
Svantaggi
The fees are higher than most independent B/D's but they are worth it. Also, you need to have a trailing 12 commission as an independent advisor of at least 200k for them to consider you for a branch office with them. Lastly, you are running your own office, so you need to be a self started, and know how to run your own show, they are there for the support. There are no benefits as you are running your own business, I actually need to pay benefits for my own employees as my business grows.