Equitable Advisors reviews

3.8

68% would recommend to a friend

(2,516 total reviews)
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Mark Pearson

84% approve of CEO

67% positive business outlook

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).

Reviews by job title

3K reviews
1.0
Feb 26, 2019

Run!!!!!

Recommend
CEO approval
Business Outlook

Pros

You can get your Series 7 here which is pretty much the key to getting hired at a legitimate financial advisory services firm. But......you have to pay for it yourself.

Cons

-First 6 months without a base salary only on commission (which you wont get much of because you just started). Don't expect to make anything for 6 months. -You are expected to sell the 403(b) which requires you to sit in teachers lounges all day at public schools in the middle of nowhere and badger every teacher who comes in to buy a product that you know won't make them any money. -I wouldn't do this job if it was the last opportunity on earth. The first six months are the equivalent to a cutco knife sales internship. -Commission structure is terrible -Impossible to maintain fiduciary responsibility and be successful at the same time.

1.0
Dec 18, 2018

Pyramid Scheme

Recommend
CEO approval
Business Outlook

Pros

Getting so many days off and working in schools are the only positives

Cons

-unlivable salary -commission based on if you luck out with good school district - no real incentive for manager to help you / be on your side once you contract -pyramid scheme - selling annuities - when you leave you owe them thousands - you have to pay for everything yourself

1.0
Mar 15, 2018

Absolute Joke

Recommend
CEO approval
Business Outlook

Pros

Seriously not one good thing.

Cons

I went into this job ready to work hard and make my way in the business. I was told if you put in the time and effort you will succeed here. This could not be farther from the truth. Working 50-60 hours a week with absolutely NO compensation led me into just about the worst 4 months of my career. I spent thousands of dollars on my licenses, commute and expenses with NOTHING in return from AXA which is funny considering they love to tell everyone you will make 80k-100k in your first year. LIES. While I was there the "management" and "training" I thought I would get were all just broken promises. You are taught nothing and you are basically given a phone and told to build a book of business. Might I add it such a revolving door of recent graduates that on my first 2 days they didn't even have a desk for me to sit at basically waiting for someone to leave so I could sit. The managers who tell you they believe in you and are investing time in you only want to spend time helping you if there is opportunity for them to make money off of you. I was told time and time again that they don't push people to reach out to family right away but yet they like to insert as many times as possible to tell your family what you are doing aka the only way you will make money here in the beginning is if you harass your family into buying something. Overall, I consider myself an intelligent person but wasting my time at AXA was one of my worst decisions thus far and I would advise/ beg anyone to not let the same tricks that convinced me to accept this job let them. Stay as far away.

Viewing 43 - 45 of 2,516 Reviews

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