Axa Advisors Morristown NJ - Financial Consultant Equitable Advisors Employee Review

4.0
Feb 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Great people and atmosphere, Morristown is a good town to work in, Flexibility, if you have a big family or know a lot of wealthy people who you would feel comfortable approaching you can make a good amount of money pretty easily and quickly. Compensation is great once you start getting clients. Once you have all of your licenses you can offer most financial services and actually offer comprehensive plans not just pure investments or pure insurance.

Cons

You are responsible for getting in front of people so if you don't know a lot of people who would be willing to let you review their situation, cold prospecting can be difficult and time consuming. Be prepared to not see income for a good amount of time while you are starting out, unless you get lucky, building a solid book of business takes time. You also have to get your series 7, 66, life and health which can take a while and are tough for some people.

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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