Pros
Good first job, way to get your foot in the door in the financial services industry. Certainly a good learning experience. Plenty of down time during the day (which can also be a weakness) to use for independent learning and development. Good amount of online training available. Recognized name. Good benefits. Very good 401(k) opportunities and vesting policy. A fairly safe company even given recent economic downturns. Senior and manager level is generally very competent and easy to approach. Located in arguably the nicest area of Boston.
Cons
Low pay compared to other companies in the industry (but also low work load and low initial expectations on job expertise, so probably the level of pay is very fair). Very high turnover. Not much challenge for creative minds. Groups seem to be "love it" or "hate it".