Financial Professional/Consultant/Adviser - Financial Consultant Equitable Advisors Employee Review

4.0
Aug 23, 2018
Recommend
CEO approval
Business Outlook

Pros

Being an financial adviser is one of the most rewarding jobs in the world. On the same level as being a doctor or lawyer. If you work this business correctly it will pay you back ten fold. If you are passionate about insurance/investments and want to build a business that you control this is the right career for you. AXA pays commissions upfront so if you close big business that can be a great pay day for the advisor. The benefits and training are great too. The NYC branch of AXA is the only place to work in this company because we are the largest and most prestigious branch so there are a lot of resources to be successful here.

Cons

I know I said a lot of good things about AXA above and I mean it all. For full transparency, I will eventually leave the firm/industry. None of that has anything to do with the firm. I have become less passionate about financial services and I want to start selling something else. If you are reading this I caution you to only take this role if you want to grow a business and are prepared to undertake the initial pains of becoming an entrepreneur(or any finanical adviser role). People will reject you and it will be hard to get your business running in the first 6 months to a year. I think the reason most people leave the industry is because they glorify what it means to be an adviser(They think of gordon geeko or Jordan belfort). This job is much more than that and if you aren't 100% dedicated then you won't make it past the 3-5 year mark. I have had a pretty successful run here but I have realized over time that even though I am good at this job I don't know if i want to dedicate myself to this career for the long term. Any one can be successful here you just need to have the drive and passion and think very long term.

Explore other reviews about Equitable Advisors

5.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

great upside within this industry

Cons

poor benefits compared to other full time jobs

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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