You will likely make no money ($0) while working at AXA. They pay you $1,200 or something when you pass your exams, but that's only because they lost a lawsuit in California forcing them to. After you pay for your three licenses yourself that $1,200 quickly approaches zero. There is pressure to sell products you do not understand haphazardly to friends and family. The only retirement products you have available to sell are life insurance and annuities, making you an insurance agent. To make matters worse you can only sell AXA insurance and AXA annuities versus other options that could be less costly or produce a higher return for the client. There are other insurance companies like AIG that let you sell non-proprietary products and pays you a salary on top of commissions to do so. Managers received promotions based on their ability to sell annuities, and do not have a clue how to recruit or train new employees. Not a protocol firm, meaning you cannot take your clients with you. Many other firms will allow you to take your practice with you, furthermore firms will pay you up to 3 times your residual income in the form of a bonus, to do so, this is not available to you at AXA. There is also a severe lack of training, expect to spend one day (if that) with your manager then you are on your own to learn all about the securities industry and bring in clients.
