Equitable Advisors reviews

3.7

63% would recommend to a friend

(635 total reviews)
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Mark Pearson

80% approve of CEO

63% positive business outlook

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635 reviews

Reviews about "Compensation"

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4.0
Aug 23, 2018
Recommend
CEO approval
Business Outlook

Pros

Being an financial adviser is one of the most rewarding jobs in the world. On the same level as being a doctor or lawyer. If you work this business correctly it will pay you back ten fold. If you are passionate about insurance/investments and want to build a business that you control this is the right career for you. AXA pays commissions upfront so if you close big business that can be a great pay day for the advisor. The benefits and training are great too. The NYC branch of AXA is the only place to work in this company because we are the largest and most prestigious branch so there are a lot of resources to be successful here.

Cons

I know I said a lot of good things about AXA above and I mean it all. For full transparency, I will eventually leave the firm/industry. None of that has anything to do with the firm. I have become less passionate about financial services and I want to start selling something else. If you are reading this I caution you to only take this role if you want to grow a business and are prepared to undertake the initial pains of becoming an entrepreneur(or any finanical adviser role). People will reject you and it will be hard to get your business running in the first 6 months to a year. I think the reason most people leave the industry is because they glorify what it means to be an adviser(They think of gordon geeko or Jordan belfort). This job is much more than that and if you aren't 100% dedicated then you won't make it past the 3-5 year mark. I have had a pretty successful run here but I have realized over time that even though I am good at this job I don't know if i want to dedicate myself to this career for the long term. Any one can be successful here you just need to have the drive and passion and think very long term.

1.0
Aug 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Can make your own schedule

Cons

Sales position, not actual financial planning Starting salary is a joke No concrete training program so you are constantly asking for help from senior advisers which cuts in to your commissions Constant pressure to hit your numbers for validations

3.0
Jul 30, 2018

AXA Review

Recommend
CEO approval
Business Outlook

Pros

Great training, constant learning. Training salary and option to choose two-year salary to ease into commissions. Quick path to client-facing responsibilities. Good first step into finance world. Extremely motivated and dedicated types will do well here. Sponsored testing for Series 7 & 66.

Cons

Somewhat lack of structure in the office. No guarantee you will succeed. Production requirements that were not transparent before hiring. Full commissions is not for everyone.

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