Equitable Advisors reviews

Zero employee loyalty from company

Equitable Advisors has a business model designed to scam prospective advisors and ignores all business and industry ethics when dealing with prospects and clients. Both local and national sales leadership repeatedly insist that managers take advantage of candidates for employment by leading them on until their contacts are known in order to become clients of your own. It was said repeatedly that it doesn't matter if a candidate is ultimately successful as we will either take their contacts or they will succeed and pay up the pyramid to us as managers anyway. We were coached in the interview process to tell someone that has good connections "anything they need to hear to get them on board". Regarding the treatment of clients, they are no better. On multiple occasions I heard senior leadership say that Regulation BI only matters after you as an advisor get paid. This is a blatant disregard for an advisor's legal and ethical responsibility to the client.