Equitable Advisors reviews

3.7

65% would recommend to a friend

(2,516 total reviews)
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Mark Pearson

80% approve of CEO

65% positive business outlook

Equitable Advisors has an employee rating of 3.7 out of 5 stars, based on 2,516 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Equitable Advisors employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
2.0
Oct 4, 2016

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Plenty of opportunity to make money Great location in Midtown Manhattan Good leadership among upper management

Cons

As a first year financial advisor, I expected a little bit more guidance Cold calling all day every single day

2.0
Jul 13, 2016
Recommend
CEO approval
Business Outlook

Pros

-Ability to obtain Series 7, Series 63/66, and Insurance Licenses relatively quickly -Gain immediate exposure to clients -Fairly independent process with meetings and organization--you are your own boss -Young environment with lots of flexibility and free time

Cons

-Poor compensation and no benefits for new employees -Little support from senior management -Environment characterized by favoritism and immoral business practices -Essentially no training in investment advisory--each training session emphasized teaching us about poorly structured AXA products that benefits the advisor far more than the client -Way too much emphasis on selling their own insurance products (biased) rather than focusing on the clients interests -High-pressure marketing job with significant cold calling With the newly passed Dept of Labor laws concerning commissions from this type of work, it is likely that most of the advisors will get out of the business--AXA Advisers works completely off of commissions. The DOL passed this law to get rid of scumbags like this.

2.0
May 11, 2016

Good company but do your research

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

AXA is a global fortune 500 company.

Cons

They are a life insurance and annuity company but try to sell you as it being something more. This is a insurance sales position and not as much a financial advisor position. Also, you have to pay up-front for all the exams/licenses required. You get reimbursed 3 months after you reach a certain production benchmark.

Viewing 94 - 96 of 2,516 Reviews

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