license then leave - Financial Advisor Equitable Advisors Employee Review

1.0
Jun 26, 2023
Recommend
CEO approval
Business Outlook

Pros

You can pay for your licenses

Cons

There are different contracts you can be brought in as. You can either be brought into only work with School employees and try and connect with them which is 100% commission or you can have a small base salary after you bring in enough business, but at that point it could be months, since you would do all your own lead generation with warm markets (friends and family then trying to connect on social media) Lack of training structure with weeks in between trainings that could just be recorded and not waste hours of time You have to pay for your own lead generation while paying for more services to be able to either offer life insurance products or advising Weird that you have to split commission with other agents that have access to product services almost like this is to only support agents who have been here a while or you have to pay on your own and if you dont have a lot of clients your fees are eating your income

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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