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
Mar 6, 2015
Recommend
CEO approval
Business Outlook

Pros

there are no pros, they don't help you get clients, the training is a joke, and they fire you if you don't hit quotas also they have a big turn over rate.

Cons

you must pay for you licenses and they only reimburse a 80% and managers are there to take advantage of you.

3.0
Dec 16, 2014
Recommend
CEO approval
Business Outlook

Pros

-The harder you work, the more you will make. Almost entirely commission based -If you have a lot of customers/clients from another business who trust you, this job is for you. I would say this is ideal for people with previous sales experience and knows a little about finance. Be prepared to contact all your old clients. If you don't have 50-100 people minimum you have worked/sold for in the past, forget it.

Cons

-sell to your friends and family if you don't have enough former clients -rent your office back to you

3.0
Apr 11, 2014
Recommend
CEO approval
Business Outlook

Pros

*Free to set schedule (most of time, if traditional, or non-RBG group) *Easy to join even with no finance background; may help you get experience other firms need before they'll consider you. *Online training and frequent branch training (though sometimes too frequent). *Cumulative quotas means, if you are lucky, one big case can set you ahead for years. (Though falling behind can also make the next "validation" period much harder.).

Cons

*High turnover rate - majority stay less than a year; better (or luckier) offices keep maybe 25% of new hires past 4 years, though a lot retain less than 5%. *Rigid quotas (Contrary to popular opinion, they CAN make AN exception once if you miss the deadline however it's VERY rare. Even if you do, you must make up the missing production on top of your next quota or else.) *Sure, can set own schedule, but new "advisors" should expect to spend 80% or more of their time as a telemarketer/mailbox stuffer if you want to stay expect 80+ hrs/wk unless you have a lot of rich friends/family or if you pay for an assistant. *Cannot retain clients upon leaving. Your accounts will eventually be given out in orphan call lists for other new hires to telemarket. (Note: Plenty of firms do not put a non-compete in their contract.) *Even if you close more life sales than your peers, a string of bad luck could cause every one of your cases to be rejected by underwriting.

Viewing 202 - 204 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.