Avantages
Base pay, 401k match, opportunity for commission, and good people (could be a con though depending where you’re at).
Inconvénients
Just like any other bank it’s a sales job, you have 3-6 different people depending on your branch fishing out of the same pond. You have to be an expert in lending, banking, credit, and now the investment side for a 2k raise. On top of having a goal of selling 1.5 million in invested dollars a year, and now staying compliant which doesn’t sound too bad but if you’re in a branch with a PRM you’re cooked, since you can’t split commission 3 ways and the prm will want everything over 100k. If you’re in a non prm branch you’re probably cooked as well since there isn’t money in that branch anyways. Other PBs will send the referral to PRM to get the preferred referral credit so it’s just you searching for opportunities. Realistically most LPBs don’t reach the goal anyway and fall off way short. If you finish your licenses and don’t get PRM off rip start looking for other jobs