Pros
If you're fresh out of college and want to get into the financial industry this would be a great place to start. They will cover the cost of your licensing teach you about mutual funds and annuities. They will help you obtain your series 7, 63 and 65 or 66 (combo 63/65). The benefits are great, and they pick up a lot of the cost of your health insurance premiums.
Cons
If you are over 45 years of age, forget advancement. It's a 20 -30 something company if you're re-inventing yourself. Lower and middle management is immature and inexperienced. Last week's process was A, this week's is B. Communication is so poor, you'll only find out about B because you're getting written up about still performing A. Innovation on the bottom ranks is not rewarded, and sometimes presented to upper management with the lower supervisor's name as the originator.