Jul 7, 2015
Equitable Advisors reviews
3.7
63% would recommend to a friend
Mark Pearson
80% approve of CEO
63% positive business outlook
Race / Ethnicity
Gender
Sexual orientation
Disability
Parent or family caregiver
Veteran status
3.0
Jul 1, 2015
You need to know a lot of people to make good money
Current employee, more than 1 year
Dallas, TX
Recommend
CEO approval
Business Outlook
Pros
This is not a Job, you are are business owner. with all the pros and Cons that will come with that. This is a very challenging Job. It helps if you have a strong natural market, i didn't really know anyone so it was very challenging. I've been here for about a year and I work a lot to stay working here. I averaged around 60 hours per week. The pay is good if you can get a lot of clients 30% bonus on top of your PCS. My gross my first year was about 37k minus expenses that more like 31k. be ready to have at least a year of savings before you start, usually it wont pay anything significant in 6 months.
Cons
my expenses were high since once you contract you pay 85 for the tech package, all your marketing, E/O insurance (250) gas and remaining expenses i averaged about 560 per month. Once you become more established you pay for more stuff, like share the staff salaries, cube space and other things. That will depend on the development of each advisor.
5.0
Jun 19, 2015
Control, Flexibility, Hard Work
Current employee, more than 10 years
Falls Church, VA
Recommend
CEO approval
Business Outlook
Pros
Set your own schedule and you get paid for your results. This is not the place to hide behind your computer screen. Nearly 100% commission which for those of us who build great relationships and deliver results to our clients means handsome compensation. The non-tangible income you receive from helping people retire, send their kids to college or protect them in event of disability or death is priceless. Clients really appreciate what you do.
Cons
You must work 60 hour weeks for your first 3-5 years to build a practice. From what I see most people are not willing to put in this time and not earn much commission. Must make short term sacrifices for long term returns.
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