Pros
Location is easy if you live on the Westside
Cons
Cetera suffers from years of being handed off by one private equity firm to another. In their latest past life, prior to the 2016 Bankruptcy, RCAP piled on additional acquisitions to a company already beset with crumbling technology, infrastructure, and offices. In the last 5-10 years the lack of investment in the company as left them in dire straits. To this day their IT department has not been given the resources or attention needed to manage a conglomerate and the firm has been glued together with spreadsheets and pixie dust. To make matters worse, the current management is years behind the competition when it comes to the eventual move from a mom & pop advisor model to the robo allocation model of business. To keep this short...Cetera is like a cab company trying to catch up to Uber and Lyft. The current strategy by the "top" management has not sufficiently addressed the problem and at best is trying to play catch up far too late. In terms of culture, it's mixed between the different departments. Finance and Accounting suffer from a lack of leadership, HR is suffering from turnover, IT is overly dependent on workers in India and contractors to build any real culture. Every single department faces heavy turnover problems...which is why you have probably been contacted by a recruiter and why why you are reading this. They are a recruiters dream becasue turnover is astronomical and moral is abysmal. In summary....do your homework before you go work for a company that will either be bankrupt a second time or sold again within a year.