Pros
The way the company is set up is great. This was an entry level position for me, and they had a program that took two years, but would put you into a management position right after that. Pretty great. They pride themselves on never having had a lay-off. They give you time off to study if your job requires that you get licenses (I had a month and a half of paid "no work" time in order to study and test for my Series 6 and 63). I believe that they will do that for the Series 7 too if you go into brokerage. They match 5% of your 401(k) contributions.
Cons
They are only located in Scottsdale, AZ, and Valley Forge, PA. So you had better want to live in one of those spots. Pay is bad. Starting salary for my entry level job was $33,500.00 non-netgotiable. I was in a management meeting once and even management was joking about how bad the pay was (but they say that they make up for it in job security, by never having a lay-off). Dress is very conservative. Even non-client-facing positions require guys to wear suits and ties (except in summer they're allowed to wear a polo because of the heat in AZ). Women must even wear stockings under their pants (my manager actually enforced this, but I've heard that some let it slide).