Pros
- Great products - first ones to create Defined Outcome - Get to leverage Bruce Bond & John Southard names -The upside is big and the AUM growth is steady, if it takes off and you were on the groundfloor you'll be glad you stuck it out. - Growing distribution channel - Big Territories - Tier 1 basis point pay - lunches, haircuts, open floor plan which makes you feel connected.
Cons
- ETF industry wide issue is that it's on net flows and it can be a tough quarter if your biggest client rotates out of your ETFs. Learn to save your money when you do have a strong quarter. - Smaller name in a startup, can be tougher to have conversations not being one of the big issuers - no 401k match but you'll run into this a lot at smaller firms. I still don't have a match now after changing jobs.