Pros
Prestige of firm and resume builder. Compensation above average until you realize the hours that are expected...then it might be below average
Cons
Work life balance non existant. Rather work people 60-70 hours a week on manual processes than than spend $$$ to develop or purchase automation. Small firm mentality that cannot handle the growth of the last five years. You may get the title Director, MD etc and all the responsibility that comes with that title but you will not have the authority to do anytihing. The some divsions of the firm with over 200 people in them may have 3 or 4 people globally that have any decision making authority, in some areas it may be less!!! BTW ask someone in Blackrock how they feel when it comes down to bonus time and they are told that it was a tough year but then Larry's salary is published,@ $54M. Recognition is a running joke within Blackrock employees, it smore important who you have lunch with than what you produce. The Old boys club is alive and rules in Blackrock.