Pros
-Ability to obtain Series 7, Series 63/66, and Insurance Licenses relatively quickly -Gain immediate exposure to clients -Fairly independent process with meetings and organization--you are your own boss -Young environment with lots of flexibility and free time
Cons
-Poor compensation and no benefits for new employees -Little support from senior management -Environment characterized by favoritism and immoral business practices -Essentially no training in investment advisory--each training session emphasized teaching us about poorly structured AXA products that benefits the advisor far more than the client -Way too much emphasis on selling their own insurance products (biased) rather than focusing on the clients interests -High-pressure marketing job with significant cold calling With the newly passed Dept of Labor laws concerning commissions from this type of work, it is likely that most of the advisors will get out of the business--AXA Advisers works completely off of commissions. The DOL passed this law to get rid of scumbags like this.