Pros
Being part of a privately held multi-international franchise business that doesn't require a large sum of money to obtain. You are independent and represent the ONLY profit center for the partnership (no internal competition). Running a legal, honest, moral, and ethical business that promotes the client's interest first in all cases, is promoted and expected by management with dire consequences for violation. The Financial Advisor is held responsible and accountable. Performance is rewarded for profitability and service excellence thru the benefits package, profit sharing plan, 401K plan, travel incentives, bonuses, and being invited to become a partner/owner of the firm.
Cons
The autonomy of each Financial Advisor can leave you isolated from the face-to-face sharing of ideas and support with other Financial Advisors unless you reach out and seek for that type of support. Tax structure/deduction for business expenses as an employee are not as good as they could be as an independent advisor.