Pros
Geographically desirable location for residents of the East Bay Area. Benefits are OK. Modest salary may be sufficient for those looking to be comfortable without taking on risk (culture encourages staying under the radar and not questioning management). Asset allocation approach saves clients from severe underperformance. Firm owner is very good at marketing Hard to come up with additional good reasons to work at YCMNet Advisors.
Cons
Lack of managerial talent - no training program, limited opportunities to advance, modest salary Investment process lacks discipline No communication between Financial Advisors and investment team Investment decisions mostly arbitrary based on the mood and sentiment of firm owner Firm owner spends too much time trying to get on TV and not enough time understanding the investments he solicits to clients High rate of employee turnover (might wonder why so many people come and go)