Equitable Advisors reviews

3.7

64% would recommend to a friend

(635 total reviews)
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Mark Pearson

77% approve of CEO

62% positive business outlook

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635 reviews

Reviews about "Compensation"

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5.0
Apr 28, 2020
Recommend
CEO approval
Business Outlook

Pros

A++ in every aspect you can ask for from an employer. Benefits are great! Health, Dental, and Life Insurance are practically free (for top of the line plans, the contribution is peanuts). Salary is very reasonable, but when considering all the benefits that are provided it all adds up significantly. Culturally, I can speak on behalf of the Century City office, it the BEST office environment I’ve ever worked at. How many people can honestly say that they love going to work and miss their co-workers? Well I'm more of a realist than optimist, so for me to say that is saying something. The cultural vibe of the office has a perfect balance of professional etiquette mixed with fun and exciting energy. The leadership also puts a big emphasis on having a happy and healthy culture and are very generous when it comes to continuously enhancing that; from dinners to happy hour’s and awesome holiday parties, and events, they do not skimp on anything. You really get the sense that the management generously cares about their people. The leadership is incredible, just being in their presence alone is so motivating to become the best. There’s so much respect and support for each other no matter where in the hierarchy you’re in. They trust and respect their staff, which in turn allows us to work autonomously and run with projects and different initiatives. At the same token, they make themselves available to assist and support with anything we need. Besides creating such a great culture, they’ve also built such incredible systems to help people reach their career goals (so long as you put the effort in tapping into it, the sky is the limit here). The amount of digital tools, training's, and overall support we’re provided with is unparalleled to anything I’ve ever seen before. From helping advisors on social media, to really cool integration tools for Salesforce that cuts down on hours of data entry, they thought of it all. If you’re looking for a career in finance, this is definitely the place you’d want to be.

Cons

Literally can't think of any besides parking, but that's nothing to do with the company it's just the reality of being in Beverly Hills/Century City (which come with it's perks)

3.0
Apr 28, 2020
Recommend
CEO approval
Business Outlook

Pros

If you are willing to work unlimited hours cold calling, contacting friends/family - you can make a lot of money. However, you have to be okay with pushing products that are proprietary (cash value life insurance, annuities). You can't start out here trying to manage money (barely any salary so you have to make your money off of products that pay large commissions). Goal here is to find an older guy who will help you out, teach you stuff that isn't advertising for proprietary products. Very nice office in Bala. Great sales experience. They pay you to get licensed.

Cons

Glorified Life Insurance Agent for 5 years until you make it. Salary is terrible. Management are also advisors so they want you to sell expensive products to your client because they make more money. Training is basically internal wholesalers trying to get you to sell Equitable products to your clients so you aren't necessarily learning what's best for the client.

4.0
Apr 27, 2020
Recommend
CEO approval
Business Outlook

Pros

Flexible Schedule The ability to create your own success If you like working hard, it will pay off

Cons

If you have a safety net, don't pick the salary option, it will greatly reduce your commissions.

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