Equitable Advisors reviews

-technology, no laptop for the first 90 days until you contract. shows how many people make it out of the first 90 days - once you get through the attrition period - you are thrust into a very weak training schedule where they talk about how to sell annuities, nothing else - you have to pay for everything yourself, office space, your technology, licensing, CE credits, your own office supplies like pens, sticky notes, sign here, postage, FedEx/UPS (they have a corporate login you can use but you pay for everything) - there is no direction, they pose it as freedom and autonomy but imagine starting a new job and everyone just lets you go do what you want, you have no idea what you are doing - pay is abysmal, you would be better off working for a local bank branch or schwab or fidelity to start, at least there you get benefits right away, no contracting period and you don't have to beg friends and family to buy the flavor of the month at Equitable -kind of similar structure to a pyramid scheme, once you contract your manager gets a bonus (large btw) and then for every case you find, you have to put them on for 10-25% if you do all the work yourself, if they help they take 50%! - i worked off only commission which was nearly impossible with the state of school/municipal building access given the recent events at schools the last 8-10 years, it is so difficult to make money on your own, and if you do you have to give a chunk to someone who hired you! -not for everyone, some people love cold calling (only met about 2 people) and that is all you are going to do - industry wide, this company is not highly reputable

Company forces people who are not ready/ do not qualify into management which is creating an almost pyramid like structure. Everybody doesn't need to be a manager. Company also provides little to no support financially. They offer a laughable base salary and don't even provide you with a laptop for the first few months (you also aren't able to use your own laptop). Company forces managers to hire almost anybody because they know that there is a 14% industry retention rate. If you are a strong willed entrepreneur that doesn't need immediate income, you can thrive in this role, however you should not expect to make much at all until about 6 months after accepting an offer.