Strictly sales. Not a fiduciary consultant role - Wealth Management Associate Equitable Advisors Employee Review

1.0
Jul 3, 2023
Recommend
CEO approval
Business Outlook

Pros

There are a few “good apples” there doing good work.

Cons

When I graduated from college, I thought I would be helping people with their finances, helping folks understand investing, and assisting them in achieving long term goals. I was unaware of Equitable Advisors true nature. Instead of acting in the best interest of clients, their primary focus seemed to be pushing financial products that would yield the highest commissions. I have personally witnessed a range of unethical practices, such as advising a 35-year-old individual with a high risk tolerance to invest all her funds into an expensive annuity accompanied by various insurance protections. This was the ultimate reason behind my decision to leave. Definitely look else where, but I would recommend staying away from insurance companies, generally speaking. This type of thing seems to be a reoccurring issue with insurance-focused companies.

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Equitable Advisors Response
2y
Thank you for taking the time to share your experience with us. We appreciate your feedback and are sorry to hear of your decision to leave; your comments do not align with our company core values. Equitable Advisors Financial Professionals are required to make recommendations that are in the best interest of clients without placing the financial or other interests of themselves or the firm ahead of the client’s interest. Equitable Advisors and its financial professionals take this obligation seriously and there are two confidential channels through which concerns involving violations of our Code of Business Conduct and Ethics Policy may be reported.

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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