Equitable Advisors reviews

The focus is on heavy client acquisition and not building a sustainable practice with trails or re-occurring income. High-cost high-commission variable annuities with poorly rated sub accounts are pushed. This is very rarely in the best interest of "your" client. Your is in quotes because your client is really the companies client. You are sold on the position as if you are independently contracted and have the freedom to build and run your practice in the manner that you see fit. This is not the case. You will be expected to put in a minimum of 60 hours weekly, attend numerous company meetings throughout the week, and work weekends. There is very minimal work-life balance. Although, this isn't a knock on the company specifically. More so on the outdated financial industry as a whole, as this is all common practice throughout the industry.

I was recently asked by management to write a review on Glassdoor about my experience at Equitable due to the amount of negative feedback they were receiving. To my disappointment, instead of trying to rectify the prevalent issues, the management team was only focused on brushing the feedback under the rug to try to feed in as many new employees as possible. This proves to me that this organization is indeed just a pyramid scheme whose end goal is to take your clients when you inevitably leave. I have also come to find out that the management team receives significantly higher compensation for proprietary annuities and life insurance sold, which is why their trainings and everything they sell is focused around these. I wish I noticed these differences earlier in my career so I could have made a change. Instead I feel like I have wasted my time. Before you make the same mistake I have, please consider how you may be taken advantage of.