Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,517 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 2,517 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
2.0
Feb 10, 2013
Recommend
CEO approval
Business Outlook

Pros

Lots of resources, strong insurance brands, LPL Financial Brokerage Platform

Cons

Commission Only, Extremely high cost to operate your practice (at least 20-30k per year), Nickel and dimed for supbar technology and marketing material. No formal training program with a focus on small account production. Compensation & Benefits are too tied to your insurance production. They claim independent open-architecture but the only products they really want you to sell is AXA Equitable Life Insurance and Annuities.

1.0
Mar 17, 2010
Recommend
CEO approval
Business Outlook

Pros

If you're a cold calling machine...prepare to be a millionaire! Of the less than 1% who make it successfully the contracts and comissions are some of the highest in industry. They have joint partners and experts in all types of planning. They have advisors and offices everywhere! The experienced advisors are some of the best planners in the industry,very professional and polished. Great place for advisors who come with a market already and can easily achieve goals,you will make more money here.

Cons

Poor management Pre contract period where you give all your natural market with no comitment from axa No pay..at all...must put up over $500 out of pocket for exams.. Spray and pray environment........interview 1000 people...5 crazy people join..cold call till you die..see dozens come and go..demoralizing... Stressful environment with management breathing down your neck for calling hours, 15 appts etc.. If you do not raise between $3k to $7k in first 6 months...you're most likely done..and they keep your natural market will be passed on to another senior adviser..they claim work hours are flexible..but expect you there 8am to 8pm every day of the week..including Saturday... Many other companies are far more competitive than Axa in terms of initial compensation and you can get a contract right away somewhere else...people do not buy companies..they buy you One of the worse places for new people to start as an advisor

1.0
Jan 15, 2025
Recommend
CEO approval
Business Outlook

Pros

They allow for tuition reimbursement

Cons

I graduated in 2021 and worked here for about a year. I got licensed and learned quickly this job was an absolute joke. They don't you until pass your Series 7 so you have to earn commission. They don't give you a salary until you pass your Series 66, which is only $24k and then cut your commission in half. Literally tying one hand behind your back. I left this company to find a real company in financial planning, Not this pyramid scheme joke

Viewing 148 - 150 of 2,517 Reviews

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