Equitable Advisors reviews

There are different contracts you can be brought in as. You can either be brought into only work with School employees and try and connect with them which is 100% commission or you can have a small base salary after you bring in enough business, but at that point it could be months, since you would do all your own lead generation with warm markets (friends and family then trying to connect on social media) Lack of training structure with weeks in between trainings that could just be recorded and not waste hours of time You have to pay for your own lead generation while paying for more services to be able to either offer life insurance products or advising Weird that you have to split commission with other agents that have access to product services almost like this is to only support agents who have been here a while or you have to pay on your own and if you dont have a lot of clients your fees are eating your income

Brutal industry, prepare to cold call endlessly or go in person to grovel for money random people. Also really low salary or full commission. Fees are fairly high in their products and performance isn’t great. Those 2 aspects are the main selling points and it’s important to work for a competitive firm on both. Seems like they try to hire a bunch of people new to the industry which allows them to get away with a lot. They came to my school with lofty stories about “I made $250k my first year” because it’s unlimited commissions. They don’t tell you it’s a lot about who you know and getting lucky by landing a big case. If you aren’t, be prepared to live at home with your parents or live paycheck to paycheck. I would recommend looking for a firm with better name recognition, offers a decent salary based on where you live, helps you build your book of business, has a huge list of self directed clients that you can prospect on, and has natural organic growth of their client base. Equitable/AXA had none of these aspects when I worked there but now I work for one of the top 5 brokerage firms and it’s a better experience