Starting a career as a Financial Planner/Advisor - Financial Advisor Equitable Advisors Employee Review

5.0
Nov 26, 2014
Recommend
CEO approval
Business Outlook

Pros

I can't think of any other possible entrepreneurial opportunity where you can begin with no start-up money and build a business that can pay you for what you did year 1, for your whole career. The management team is extremely dedicated to the success of their Advisors. I started in the business over 10 years ago without a strong natural market and was able to build a financial planning practice where I am able to make my own hours, help the people I really care about, and control my income. The atmosphere is very competitive and team oriented and is excellent for previous athletes like myself.

Cons

If you do not want to work a lot of hours at the beginning of your career, or you do not have the entrepreneurial spirit, this is not the place for you. This is a very demanding business and takes a lot of time to build. There is times you have to invest in yourself and your business, so if you do not want to spend your own money to help yourself grow, this will be a bad fit as well.

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 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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