Pros
1. As close to being an independent financial advisor as you can be while still having a lot of support (home office and in your branch) 2. Very competitive salary to start, compensation percentage increases as your profitability and tenure increase. 3. One of the best life styles in the financial industry - families are included in the rewards (travel, etc), you set your own schedule, no immediate manager looking over your shoulder.
Cons
1. It is a tough five years to get started. You need to have an entrepreneur mindset who is willing to do what it takes to get your business off the ground. 2. If you have a total independent mindset, you will find some of the compliance restrictions to be limiting. For example, you may nothave a financial blog. You must be willing to stay within the boundaries given to you.