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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5.0
Nov 30, 2022

Great Place to Learn

Recommend
CEO approval
Business Outlook

Pros

A lot of resources aimed at developing advisors. Great retirement benefits

Cons

Salary is non-existent and the taxes taken are excessive. They give an option for salary but is not worth taking.

3.0
Nov 10, 2022

It's a boiler room

Recommend
CEO approval
Business Outlook

Pros

-Very straight forward path to success -Take the full commission contract and not the salary option -it's a boiler room, make 500 calls a day with a confident pitch and you will find some success -Fantastic jumping off point, get your Series 7, learn how to take constant rejection and then leave

Cons

-You are not guaranteed a manager that will care about you, I was lucky to have one that did -It's likely you will not get paid for your first 2-3 months there -Hard to get to a contract for most -Culture is exactly what you'd expect, lots of kids who haven't faced adversity -Most successful strategy for landing opps is bait and switch

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Equitable Advisors Response
3y
Thank you for taking the time to provide feedback. We value your ambition to succeed and work hard to create a culture where you move forward as fast as you’re capable, not as fast as you’re told. As with building any business, growing your income brings responsibilities. The first year is often the most daunting but the rewards from building your client base are tremendous! We believe in teamwork, collaboration and rewarding hard work. Our culture is one of inclusion, collaboration, continuous learning and professional excellence. Your ambition, independence and individuality are what make you who you are. That’s why we offer so many ways to strengthen relationships with colleagues, invest in yourself, be a trusted resource to clients and give back to the community.
4.0
Nov 8, 2022

EQ

Recommend
CEO approval
Business Outlook

Pros

Great People Good starting point to gain familiarity with the industry

Cons

No base pay Purely Commission based

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