Equitable Advisors reviews

Everything from the initial interview sounded great. The manager interviewing me explained the difficulty of a financial advisor and I knew that it's not a cake walk. However, they told me (and the other individuals I started with, who BOTH quit) I'd get a base salary plus commission. My thought was I'd be able to keep my head above water and pay bills. Before getting hired you have to pass the Life and Health exam and SIE. You then start in office and be prepared to call all the people you know the first day and set meetings up for their pyriamid scheme. While in office and setting meetings and training you will also have to pass the Series 7. Until you pass your Series 7 you CANT sell any securities, only life insurance. Not to mention that you will only be getting paid $300 measly for the first week of training, and after that you better hope you are selling insurance to your family members! You won't be making any money for several months. There's a reason there are several young, fresh out-of-college individuals that start here and it's because they don't know anything about the workforce or know better. PLEASE don't fall into this trap. The entire Independence, Income, Impact might be a reality for financial advising, but I'd rethink doing that with this firm.

No base salary depending on your role which is very hard to balance.