Pros
- By being immediately thrown to the wolves in their sink or swim environment, I was able to learn and develop certain skills quicker than at other places - Pizza on Wednesdays
Cons
-Their staff is completely inept, and oftentimes you are payed significantly less money than you earned. And on top of that, after they underpay you, they find ways of making it so that you owe them money, not the other way around (based on the experience of the majority of my coworkers as well as my own). AXA will bleed your wallet as much as they can while you are there. - Successful advisors love talking about how much money they made, but none of them address how much they had to spend to make that money (mostly because if they do, their accomplishments are no longer impressive). - You are given minimal support and have to dive blindly into everything you do. They will not help you get leads, and you will receive minimal (if any) guidance on how to build your book of business from the ground up. - The "Financial Professionals" are salesmen with no financial acumen or literacy. Most AXA Advisors are able to memorize presentations, which makes them appear to have the knowledge and skillset that they actually lack - Their commission system and awards oftentimes make FP's have to chose between doing what is best for their client, and doing what is best for their them personally or their family. It is rarely the same thing. - They want their FP's and FA's to blindly buy into what they tell them. Regardless of any evidence contrary to what they say. "I know it hasn't worked for you yet, but just trust the process". This often causes the smart and knowledge-oriented employees to seek opportunities elsewhere.
