Pros
Decent initial structure, they force you to overcome fear of door knocking and cold calling.
Cons
I'd leave but they will sue me if I do (unless I don't take my clients with me.) You must buy the partnership (disguised Preferred share). If you buy Dividend growing stocks you can avoid filing a us tax return and will eventually outpace the initial attractive income of LP. 2) An award trip is a taxable benefit. You'll get hit with a significant tax bill on you're next pay cheque. You're taking vacation with all your coworkers and force fed the green Koolaid. 3) no support on advanced financial planning topics. When engaging the Advanced Financial Planning Team (for High Networth Clients only) they will not publish a planning memo that is approved to show to the client. So what's the point?