Other Options - Financial Consultant Equitable Advisors Employee Review

1.0
Jul 29, 2021
Recommend
CEO approval
Business Outlook

Pros

Easy to get a job there if you are decently intelligent and can pass your licensing tests. They paid for me to get my licenses which is great.

Cons

Brutal industry, prepare to cold call endlessly or go in person to grovel for money random people. Also really low salary or full commission. Fees are fairly high in their products and performance isn’t great. Those 2 aspects are the main selling points and it’s important to work for a competitive firm on both. Seems like they try to hire a bunch of people new to the industry which allows them to get away with a lot. They came to my school with lofty stories about “I made $250k my first year” because it’s unlimited commissions. They don’t tell you it’s a lot about who you know and getting lucky by landing a big case. If you aren’t, be prepared to live at home with your parents or live paycheck to paycheck. I would recommend looking for a firm with better name recognition, offers a decent salary based on where you live, helps you build your book of business, has a huge list of self directed clients that you can prospect on, and has natural organic growth of their client base. Equitable/AXA had none of these aspects when I worked there but now I work for one of the top 5 brokerage firms and it’s a better experience

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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