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      Equitable Advisors

      Engaged Employer

      Equitable Advisors reviews

      3.8

      68% would recommend to a friend

      (2,516 total reviews)
      avatar

      Mark Pearson

      84% approve of CEO

      67% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      4.0

      Culture & values

      4.0

      Career opportunities

      3.9

      Work/Life balance

      3.9

      Senior management

      3.6

      Compensation and benefits

      Equitable Advisors has an employee rating of 3.8 out of 5 stars, based on 2,516 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Equitable Advisors employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      1.0
      Mar 9, 2018

      For most, a pyramid scheme

      Financial advisor/professional
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you already have a book of business at another firm, you'll probably get better multipliers and bonuses with AXA. If you somehow end up working with one of the top 3 producers in ATX (not their underlings) you have a chance. Office location. You will likely work with friends- because they will have lured you in for the interview in the first place.

      Cons

      First months you'll be pre-contract you pay for tests, must make $5k before its repaid. Accompanying you on meetings with your "natural market" will be your managers' (or managers chosen lieutenant) main priority. These will be your parents, friends (over age 25), and family friends. You will be given scripts to read that pitch everything from a "second set of eyes" to your new divine calling to "faith based financial planning" to set a meeting. If you don't plan on drinking the koolaid/ building your book on your friends and family, start elsewhere.

      5.0
      Dec 5, 2014

      Excellent opportunity, provided with all that is necessary for success

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Eat what you kill. For those individuals who possess great ambition such as myself, this is the perfect platform to create an income to suit your lifestyle. For those who prefer an average lifestyle making a comfortable base salary, you have entered the wrong industry. "I am a lion; I rather starve in the wilderness than be fed in a cage." -Rewarded for your efforts. It is very easy to see the differences in character regarding an employee who makes $35k a year and is destined for failure versus one who makes $700k a year. You WILL make $150k your first year if you are a person who strives for greatness. -Not once was an attempt made to tap into my natural market. -Great leadership from my manager in developing the habits of successful people. I cannot speak for any other manager, however if you do not feel your manager is up to par I cannot imagine it is too difficult to seek a transition. -Team support alongside friendly yet fierce competition.

      Cons

      -Around a 90% turnover rate. If you lack self-motivation and determination, are not hard-working, pessimistic in nature and tend to make excuses on a regular basis--you will fail. Please save your time and find employment featuring a stable salary. This industry is not for the weak of mind, the turnover rate is incredibly high for a reason. If you can envision yourself making the excuses seen in many of the posts on this page, written by failures who cannot own up to their faults--I am speaking directly to you. -There are some rotten apples as in any office, it is difficult to understand how some made it through the interview process. Perhaps I shouldn't judge a book by its cover, but laziness is evident from the manner a person dresses and conducts themselves--as well as their attitude towards life. -Start up costs among other fees. Not really a con considering these are involved in any business venture in addition to the fact that you are investing in your career and book of clients--but again--this is geared towards those who tend to make an excuse for their own failure. What is $3k to a $1M+ producer? A single fitted suit?

      1.0
      Apr 14, 2020

      Never Ever Work Here

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      There aren't really any except learning the industry and making friends with co-workers who are fighting for survival with you.

      Cons

      You will be thrust into a legal pyramid scheme. Your manager will coerce you into exploiting your friends and family for clients into terrible insurance products. When you burn through that you will cold call. The majority of positive reviews left for this company are from managers who rely on higher ratings so they can recruit more unsuspecting young people or from new advisers that that don't know any better yet that they asked to leave good reviews. You will sell insurance products and you will not learn true wealth management. This is a fair warning.....90% of people will hate working for this company. The turnover rate is EXTREMELY high.

      Viewing 28 - 30 of 2,516 Reviews
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      ReviewsEquitable Advisors reviews

      Glassdoor has 2,908 Equitable Advisors reviews submitted anonymously by Equitable Advisors employees. Read employee reviews and ratings on Glassdoor to decide if Equitable Advisors is right for you.