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      Equitable Advisors

      Engaged Employer

      Equitable Advisors reviews

      3.7

      63% would recommend to a friend

      (635 total reviews)
      avatar

      Mark Pearson

      80% approve of CEO

      63% positive business outlook

      Ratings by category

      4.0

      Diversity & inclusion

      4.0

      Career opportunities

      3.9

      Culture & values

      3.9

      Work/Life balance

      3.9

      Senior management

      3.4

      Compensation and benefits

      Ratings by demographic groups

      Reviews by job title

      635 reviews

      Reviews about "Compensation"

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      2.0
      Nov 27, 2012

      Not an entry level position

      Financial professional
      Recommend
      CEO approval
      Business Outlook

      Pros

      Everyone in the office was very friendly and answered any questions you may have had. It was also a clean and welcoming office atmosphere.

      Cons

      There is no salary. I was promised salary plus commission and the salary disappeared once I finished training. This is not an entry-level position and I was very uncomfortable trying to sell to my friends and family. Also, the office is not as "team-oriented" as they say. Although I received guidance from my mentor, I was on my own making phone calls day. This is great position for someone with years of experience and the ability to live off of full commission.

      4.0
      Oct 21, 2012

      Financial advisor, great place to start or finish.

      Financial planner
      Recommend
      CEO approval
      Business Outlook

      Pros

      Many trainings, access to a variety of detailed concepts in financial planning. Denver office very knowledgeable and helpful. Provide ability to offer a variety of products from outside companies.

      Cons

      Low comp on outside products, not everything available through outside companies. Must sell prorietary products to qualify for benefits. No company 401k match. Cannot replace proprietary products with better outside company products and get compensated. Life products not the best, annuity products good, fee based products not count towards benefits. No advertising help in media or charitable events. Must pay for all marketing yourself. Not as organized in helping with centers of influence as should be.

      3.0
      Sep 11, 2012

      Company with great (marketing) message but your success will depend a lot on your manager and your own personal drive

      Financial professional
      Recommend
      CEO approval
      Business Outlook

      Pros

      AXA Advisors is great at teaching concept/story selling to newcomers. They also have a strong line of (life) insurance and annuity products that makes the sale easy for the right clients. If you manage to pass the initial hurdle of $3,000 of production credits (6 month probation period), you will be given some form of salary (as a draw) that can extend up to 3 years. Benefits are pretty good too and includes a pension down the line. Depending on the office you are in, you can potentially have access to some very experienced advisors with whom you can partner with.

      Cons

      It is first and foremost a sales position. If you are in the traditional advisor position, be ready to start contacting all your friends and family to get you started in addition to going out and prospecting through networking or cold/warm calling. If you are in the 403(b) division, get ready to eat your pride and walk school campus with the hopes of meeting teachers even when school policy technically forbids you to be there. Thought you CAN have access to some very experienced advisors, they don't always seem to care about your success (which is kind of natural since I'm sure they see a lot of people come in and go). You really have to develop mentor and partner relationships early on if you want to succeed. Also, AXA Advisors is primarily an insurance carrier. If you are big on investments through mutual funds, if you want to be more of a fee-based financial planner, AXA may not be the right place for you.

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