Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,518 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 2,518 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
3.0
Sep 11, 2017
Recommend
CEO approval
Business Outlook

Pros

Initial training product training is good. Branch operations/compliance support is great.

Cons

Compensation structure for new financial advisors remains weighted toward commission based products. To be successful and keep your contract you'll need to sell a lot of cash value life insurance and variable annuities. This may not be in the clients' best interest, and new advisors will be hard pressed to navigate this conflict or interest with the focus of doing what's best for the client. Additionally, and perhaps reflecting the AXA's priorities, in response to the DOL ruling, for retirement accounts the only approved variable annuity with income benefits is AXA's own proprietary product. This seems contradictory to the intent of the DOL ruling as other carriers such as Lincoln and Prudential also have similar products.

1.0
Jul 20, 2017

Former Financial Consultant

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you have a large family with lots of money you can sell annuities too then you can make a lot of money. Just make sure they actually know what they are getting into.

Cons

The Empire which consists of Buffalo/Rochester/Syracuse clearly told all of their employees to come on and write good reviews since the company was getting bashed so much. The managers need good reviews on here because that's the only way they can bring new people in. They don't truly make you aware of what your getting into and all the costs associated with working there. They tell you you're a "Comprehensive Financial Planner" but your just an annuity sales person. They hire anyone and would love to sell your family and friends Annuities. in reality you won't last longer than 2 years at the most then they get your family as clients when your done.

5.0
Jul 12, 2017
Recommend
CEO approval
Business Outlook

Pros

Make six figures fairly quickly. Very rewarding to help people and businesses. Flexibility with schedule. Huge backing of resources, support, and training. Able to accommodate any financial situation with complete open product architecture for both insurance and investments.

Cons

Very hard work first few years building client base. Long hours but flexible.

Viewing 181 - 183 of 2,518 Reviews

Glassdoor has 2,911 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.