Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,517 total reviews)
avatar

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 2,517 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
1.0
Mar 8, 2014
Recommend
CEO approval
Business Outlook

Pros

Sponsorship for the series 7

Cons

You are not even a part time worker until you pass the series 7, then you are only part time until you do enough business to go on contract full time, then congratulations, you have to pay your your desk space and E&O insurance. You cold call all day to sell bankers and lawyers variable insurance or annuities, that's it.

1.0
Jan 18, 2014
Recommend
CEO approval
Business Outlook

Pros

Earned and was reimbursed for my NY Insurance license and my Series 7 & 66 exams. Received some valuable insight into the workings of the financial industry.

Cons

I almost went bankrupt and nearly had a nervous breakdown. Spent the last month or two just spaced out, staring at my computer screen and wondering why I didn't continue studying to be an accountant. Highly aggressive sales and prospecting environment that encourages use of deceit and intellectual property misappropriation such as lifting corporate directories from conference rooms at target companies to gain access to prospects. Managing VP's tacitly condone misrepresenting relationship between AXA Advisors and other companies to add false legitimacy and get appointments. Advisors are routinely expelled/ banned from office buildings. You have to sell your soul to be successful. I saw through the lies pretty fast but was in deep denial, and chased a few opportunities that did not pan out. Hours are not flexible in reality, because your managing VP will guilt you into being there 12 hours a day. Watch out for the full of himself guy that has hair like a troll doll.

1.0
Aug 17, 2013

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Wide variety of resources since the company is international . Company provides decent sales training if you are new to sales. You will virtually be just a salesman who calls themselves a "Financial Advisor" and you don't even have to have any type of financial background to be a financial advisor which is totally ridiculously sad but true

Cons

Company will tell you whatever they think you want to hear to get you in the door. They will tell you that you will earn 100k + if you just work hard which only 2% of advisors really make annually . Most advisors make around 20k their first year and you will be fired if you don't meet certain quotas. It's a revolving door company policy and after most employees really see what the company is about they leave. There is over a 60% turnover rate annually so you can do the math

Viewing 145 - 147 of 2,517 Reviews

Glassdoor has 2,909 Equitable Advisors reviews submitted anonymously by Equitable Advisors employees. Read employee reviews and ratings on Glassdoor to decide if Equitable Advisors is right for you.