. - Financial Advisor Equitable Advisors Employee Review

2.0
Mar 4, 2024
Recommend
CEO approval
Business Outlook

Pros

Can work autonomously. The sky is the limit for commissions

Cons

Company is not concerned with advisor retention or happiness. Co is only concerned with making more money and charges advisors with many "fees" related to running a business. Unfair commission policies.

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Equitable Advisors Response
2y
Thank you for taking the time to share feedback. We appreciate you found value in working autonomously as there’s a lot to be gained from aligning yourself with an organization that enables you to be in business for yourself, but not by yourself. We believe our biggest asset is our people which drives us to provide an unequaled value proposition to find and retain top talent. Our retention rate for first-year advisors in 2023 was 93%. The retention rate among our established advisors is approximately 93%. Equitable Advisors’ ESF retention has been exceptional in the 2000s, averaging 91% per year.

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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