Financial Consultant - Financial Consultant - Sales Force Associate Equitable Advisors Employee Review

3.0
Sep 21, 2016
Recommend
CEO approval
Business Outlook

Pros

You get to learn alot about insuranc based investment products such as life policies, variable life policies and Universal Life policies. You will also learn alot about annuities and how they can sometimes help clients in certain situations when they are necessary. You get to work the brokerage and investments side of the business as well through brokerage products bring offered by LPL You will gain some real knowledge on how these policies work and who they benefit.

Cons

The con is dealing with complete idiocy when it comes the National Operations Center and working with their underwriters for Life Insurance and the excessivesness it takes to get a policy issued. The Con is also the fact that all of the business you work hard to bring in becomes theirs once you leave. You can leave axa and agree to not reach out to your clients at leaving but its ok for AXA to send you bills months down the line if the client hasnt continued paying their premium. Ive caught multiple when they were still indeed paying for their insurance but somehow I still owe AXA money ?its AXA's business and not my job to keep those clients after I had left... that is not responsibility .

Explore other reviews about Equitable Advisors

5.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Cons

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

1.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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