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
1.0
Sep 21, 2015
Recommend
CEO approval
Business Outlook

Pros

Nice people. Can't come up with 20 words that would be pro comments for this company.

Cons

Absolutely the worst payout of commission in the industry. Only a few proprietary products. Only one excels over the competition. No base salary. Employee pays for all expenses, including office space, study material for exams and testing. Even after multiple years, made less money then when I was in HS! Very little internal training. No guidance in marketing, prospecting or financial strategies. Every new hire in 4 year period, left AXA for competitive companies.

4.0
Aug 18, 2015

Financial Consultant

Recommend
CEO approval
Business Outlook

Pros

-You work as hard as you want -Your hard work is proportionate to how much you can make -Make your own schedule -No stress from management -If you hit your numbers, which are not unreasonable, you keep your job -Great people to work with -Can use AXA products, or a variety of other company's products. Great platform. -Offers life insurance in addition to investments. Life insurance is far easier to sell. -Great benefits

Cons

-Very unpredictable income, month to month, and year to year -Need to build a niche market or team up with senior advisors in order to survive -When you start out, it is very difficult to both learn product, and make a decent amount of money without having to bring someone else along that knows how to sell the product well -Unpredictable hours, most clients work so you need to meet with them at their residence when they get home, 6PM, 8PM, etc -High expenses. Could travel up to an hour and a half north or south to meet with a client at their residence. Gas and mileage on car can really rack up.

3.0
Jul 1, 2015
Recommend
CEO approval
Business Outlook

Pros

This is not a Job, you are are business owner. with all the pros and Cons that will come with that. This is a very challenging Job. It helps if you have a strong natural market, i didn't really know anyone so it was very challenging. I've been here for about a year and I work a lot to stay working here. I averaged around 60 hours per week. The pay is good if you can get a lot of clients 30% bonus on top of your PCS. My gross my first year was about 37k minus expenses that more like 31k. be ready to have at least a year of savings before you start, usually it wont pay anything significant in 6 months.

Cons

my expenses were high since once you contract you pay 85 for the tech package, all your marketing, E/O insurance (250) gas and remaining expenses i averaged about 560 per month. Once you become more established you pay for more stuff, like share the staff salaries, cube space and other things. That will depend on the development of each advisor.

Viewing 196 - 198 of 2,518 Reviews

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