Vantaggi
It looks great on paper- "partnership" opportunities, VP, SVP, MD career track, above average office space and a sales pitch suggesting that the organization is a private bank desired by Buy Side and Sell Side executives alike for their personal financial management.
Svantaggi
It's all simply untrue. Lenox is n insurance agency that bills itself as a "wealth management" organization. IT'S NOT TRUE. Their broker dealer is Mass Mutual- a life insurance company. Feel free to back check it on the finra website. They try and run the place like a trading firm- in by 7am(??) until 6pm every day....to SELL INSURANCE! Please don't be fooled. A handful of people do well there- and they are all long term insurance sales people. Lenox is not the real deal. They want to be- but they fall dramatically short in delivery. They are, however, very proud of themselves- which has made them the laughing stock of real wall street firms.