Financial Professional - Financial Professional Equitable Advisors Employee Review

2.0
Sep 5, 2017
Recommend
CEO approval
Business Outlook

Pros

You and your office of financial professionals all go through hell together starting out your first three years. Overall good group of financial professionals to work with.

Cons

HIDDEN FEES everywhere you go. Pay your own E&O insurance after 6 months on contract in excess of $280 per month. Have to purchase a new computer that meets their 'security specifications'. You have to pay a 'technology fee' of $80 a month to use their specific poor excuse of sales force and illustration software. Whatever AXA tells you during the interview, they are a LIFE INSURANCE company first. If interested in an investment practice you will have to pay $50 a month to use their awful third party broker dealer affiliate LPL' and their software. Overall, I have seen a ton of Advisors make a commission check just to have it all go to AXA to pay all of these hidden fees. This place is a money pit.

Explore other reviews about Equitable Advisors

5.0
Apr 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Cons

Support staff are more hands off, not a lot of in house support staff members.

1.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Good place for career changers to get financial licenses (they will license anybody)

Cons

Very bad pay model for new hires- will tell you 6% commissions on certain products but then you have to kick up 10% to your manager and the other half of what's left to whoever is working w you because they make you go out in pairs...and mostly seem want to get ahold of all your friends and family for sales you can't participate on without the 66....but you have no time to study that bc you are too busy selling for the products that don't require it to make quota, as your clock starts when you pass the 7, so pretty much they just want your people. It's very eat what you kill, and then only after it's been picked over.... which is fine if you're young with no obligations, but not great if you have a family. If you were an existing advisor and had your own book/contacts it could work. Otherwise get your licenses, learn a little, but don't be afraid to move on to other opportunities.

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