Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,518 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 2,518 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
2.0
Feb 15, 2016

Did you find the office alright?

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are some great people in the office, who are fun to be around.

Cons

You must provide your own computer, which has to fit Axa’s specifications. My 2011 MacBook Pro, did not meet the requirements, which meant I had 1 month to purchase a new computer. When I signed my contract, I was told that my job was “to bring clients to the company”. This shocked me, as it gives no consideration as to what is right for the client. There are mandatory trainings for new representatives, which occur 6-8 times per week. You would think these would be helpful, and considered a pro. However, many of the trainings were run by “managers” who were not certified to manage and were not knowledgeable on the topics they were teaching. Think of someone teaching you to swim, who had never been in the water before...When the “manager” didn’t know how to run a training, the subject turn to their own performance at the company and had great of a salesperson they were. In addition, incorrect information was given during trains multiple times. Most new representatives did not notice this, however, I researched the products we were being trained on in order to know exactly what I was selling. As for the job, building a client base consists of either cold calls/cold walk ins, or sending mass emails. This of course is after you have recruited your friends and family to the company. You are expected to work 12 hour days (which I did for awhile) with minimal compensation ($1,700 for 4 weeks of training, then 100% commission). If you know plenty of wealthy people who are willing to give you their money, then this model is great for you!

2.0
Nov 12, 2015
Recommend
CEO approval
Business Outlook

Pros

Very flexible schedule, solid product teaching.

Cons

Total commission based role. Job was "pitched" more than it was explained. Very very much a DIY seller role. Little-to-no practice support, paperwork support, practice development training. Was pitched a "team advisor" type role by the Branch Manager, to find out afterward his definition of team was that everyone in the building was on his team because he was the boss. Not what I was looking for.

1.0
Oct 2, 2015
Recommend
CEO approval
Business Outlook

Pros

They will set you up with good study materials for the Series 7 & 66. You have to pay for them, however.

Cons

Do not work for them right out of college. They only pay commission after the first month of training, and they tell you to sell life insurance to your family to make money. They also throw you out into schools immediately, to push products you know nothing about yet.

Viewing 193 - 195 of 2,518 Reviews

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