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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3.0
Mar 24, 2013
Recommend
CEO approval
Business Outlook

Pros

Entrepreneurial. Unlimited earnings potential, work as much or as little as you like, you're basically a small business owner. Open architecture, advisory and brokerage platform through LPL Financial (largest independent broker/dealer). Insurance products, in addition to AXA Equitable Life & Annuity can be sourced through other companies (MetLife, Genworth, Allianz, Prudential, Hartford, Genworth, WilliamPenn, Banner, etc). *See advice to management*

Cons

"Eat what you kill" culture. Zero base salary, 100% commission. You need to find your own clients/prospects generally through old calling. Unless you have an established network that can provide sustainable/consistent lead sources, but that is the exception not the norm. Highly political management is all sales guys who are given incentives to increase their override over what's necessarily right for the advisor or client. *See advice to management.

4.0
Mar 4, 2013

Decent so far

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

*everyone is friendly and wants to see you do well *managing team does well with pre contracting meetings to help you see what's in store when you pass all your licensing exams *they don't bs with you, they tell you straight up that this is a difficult profession, you get out of it what you put in

Cons

*have you pay for your tests up front (reimburse after you contract) *paynwont be great to start *at the beginning the only way you'll make decent money is by going through your natural market

3.0
Mar 3, 2013

Tough to make it

Recommend
CEO approval
Business Outlook

Pros

-Entreprunial -Earning potential -Flexible -Good money if you can sell, but they want you to sell to friends and family. Once you run out of them, alot of people can fail

Cons

-Start up cost -Turn over rate -Chop Shop -Hard work

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