Pros
Lots of enthusiastic people. You can basically work anywhere you want in the country. Best thing about is being paid to get licensed.
Cons
Where to begin. First of all, if you are not 150% comfortable with doing door -to-door solicitation/sales do not even think about beginning consider this job. I wish someone had told me how much of my life would be going door to door, it is the ENTIRE extent of your job for the first several months and will continue to be a part of your daily life for about 2 years on average. The training isn't what it once was and there is an extremely high attrition rate among management (never a good sign.) The benefits are basically non-existent. High-deductible health insurance, no vision or dental, the 401k match is $500 MAX. And it is unlikely you will even receive that until your second year. The salary is $30k MAX for financial advisors, and your commission payout is 20% for the first few years. The salary also steps down by 30% to about $21k after the first year regardless of performance, in fact the $21k is the best possible salary and there are many others below it. Good luck surviving on $21k/year and a few hundred dollars a month in commissions. Everyone wants to talk about freedom, and autonomy. The flip side of those that no one tells you about is isolation. You will be utterly alone most of the time you are not in a meeting with a client. Additionally, it is highly unlikely Jones will hire you a BOA for the first several (3-4) years, again no one bothers to mention that until you've already signed away your soul. The stress level is unhealthy and will have serious health consequences. I couldn't even begin to count the number of advisors who have high blood pressure solely because of this job. Anxiety levels in advisors are also high, I know several advisors in Dallas who have to take Xanax just to come into work. At least half of the advisors, successful or not, have Psychiatrists they see regularly (red flag?) Not to mention being bald, gaining weight, alcoholism, and too many sleepless nights to count. If you value your mental health, this is not a good position for you. Another thing no one wants to tell you:7/8 advisors fail within the first year. Not a good statistic for morale, but its the truth. They will not hesitate to fire you, regardless of your tenure of practice management level, if you fall behind standards. In layman's terms: little to no job security. You will get the cops called on you eventually when you're knocking, so be prepared for that because Jones will not pay any citation you receive as a result. If none of these examples have made you think twice how about this: as of August of 2016, the firm had successfully retained a cumulative total of 116 new advisors in 2016. 2016 has seen the worst new advisor retention in the firms history. Ask your recruiter why no one is making it. By the way, they get bonuses to get people hired so think about whos best interest they truly have in mind. The reason they receive all these accolades for being a great place to work is because the only people participating in those are already successful advisors, anyone on the lower end of the totem pole isn't given a chance to be represented because they quit or are fired. Finally, you won't be offered partnership for the first several years, so if they try to bring that up as an example of what so great about Jones, ask how soon it will be offered to you and watch them squirm.