Equitable Advisors reviews

3.7

63% would recommend to a friend

(635 total reviews)
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Mark Pearson

80% approve of CEO

63% positive business outlook

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635 reviews

Reviews about "Compensation"

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3.0
Sep 12, 2023
Recommend
CEO approval
Business Outlook

Pros

There are a few key employees I enjoyed working with, some good lessons that came from running client meetings, and inspirational/emotional stories of how senior advisors got started in the business.

Cons

Lack of training, lack of consistent pay, condescending tone and attitude towards new advisors, "PEP" period can last for several months if you do not get any good cases to close right when you start, the "base pay 2k/month" contract is not good, senior leaders act like Equitable is the only company that pays financial advisors fairly but this company is just structured to where the top 10% of advisors make all the money and the other 90% make under 40k/year, with the average new person's income being about 10-20k in their first year from my experience.

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Equitable Advisors Response
2y
Thank you for taking the time to share your feedback. Wonderful to hear about your positive and inspirational experience with employees and advisors in your branch. Equitable has an Open Door Policy, in which open, honest communications between you and your manager is a day-to-day business practice, and employees are encouraged to raise any concerns with their managers. Our RBG program is beneficial to those without an immediate natural market. Financial Professionals are entrusted to employers who have selected us as a product provider and includes people who work for public schools, colleges, universities, hospitals, nonprofit organizations and municipal governments. This opportunity gives our Financial Professionals immediate access to prospects and people needing help. As your relationships with these individuals grow, you’ll be able to work with them in other areas of their personal wealth needs.
1.0
Sep 12, 2023
Recommend
CEO approval
Business Outlook

Pros

Able to get your Series 7 Securities License

Cons

This company will pressure you to sell insurance products to your family. They market you as an "advisor" but you are simply a commission only insurance salesman.

5.0
Sep 5, 2023

Great Employer

Recommend
CEO approval
Business Outlook

Pros

Diverse and inclusive company No age discrimination Continuous training Opportunities to grow

Cons

Could be more competitive on salaries

Viewing 127 - 129 of 635 Reviews

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