Really Figure Out What You're Getting into Before you Apply - Financial Representative Equitable Advisors Employee Review

2.0
Sep 5, 2017
Recommend
CEO approval
Business Outlook

Pros

Unlimited Gains Potential Management is great, they stay up to date with you throughout your licensing and certifications process. They make sure you aren't doing it alone

Cons

They will literally hire anyone. My dad is 54 and currently in job search, he was contacted by AXA as a "great fit" for the position when he has zero finance and sales experience. They just want to ramp up numbers and whoever doesn't make it they don't care. They really trick you with your gains potential, in the sense that it takes way longer to make money than they make it out to be. If you are not financially stable going into this position I suggest pulling out now because it costs over $1000 to pay for study materials and the actual exams. Yes, they reimburse you, but it won't be for at least 3-4 months after you actually start the testing phase. After you do finish the testing, in our first 4 weeks you only make $1400 plus commission (which hardly anyone makes in this phase). If you have a lot going on in your life, I suggest staying away because the early stages of this position will only make matters worse. Office Space is outdated and crammed.

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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