Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,519 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 2,519 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
Aug 10, 2015
Recommend
CEO approval
Business Outlook

Pros

Opportunity to use multiple companies through the AXA Network. Work/Life balance is good meaning you can go in to work and leave for home or work 4 days a week if you want just know that you only get paid for sales so it's in your best interest to hold yourself accountable and work 50+ hours

Cons

Management lacks in just about every department, they promise education training and support but after years with axa I'm no better off. They recruited me on the great team they had and that they would help take me to the next level since I was already a Financial Advisor. The team fell apart and new guys with no education or experience replaced them on the first week, and the few guys that had been there years had no idea how to train. I managed millions of dollars before joining axa and after years with axa I didn't pick up a single new client. Needless to say I can do much better with another company. Stay away from this one there are better opportunities if being an insurance and investment professional is your goal. They pay system is screwy, at almost all other firms you receive 1099 at AXA if you sell a $100 monthly life insurance policy you 'get' $50 a month for 12 months, however because of the w2 tax treatment the almost $600 in monthly fees for salesforce and 'technology' that never works you never actually 'get your $50 & REALLY expensive E & O. Theres way better opportunities

3.0
Aug 9, 2015
Recommend
CEO approval
Business Outlook

Pros

AXA is the largest insurance company in the world and when you work in a company that large, it feels great. The name alone speaks volumes when you talk to others and explain what you do. In a sales role, that can be very helpful, especially when you sell insurance and retirement solutions. The spirit of everyone, although slightly competitive, is very friendly and there is a lot of camaraderie.

Cons

I joined the company with the understanding that there will be a lot of training provided by my manager. I did not get the support that I was promised and my education stopped short almost instantly. It left me feeling lost and unsure of what to do. This was my first true sales position where I had to find my own clients and I just didn't get the support I needed from my manager. I was not the only one--a lot of people had the same issues.

3.0
Aug 7, 2015
Recommend
CEO approval
Business Outlook

Pros

Good sales and product training. I had an excellent manager who cared about my success. I was part of the Retirement Benefits Group that targets teachers and being part of that group it was easy to get leads, because my business partner and I had access to the schools where we can do a staff talk or set up in the teachers lounge. We also got leads at the beginning of the school at new teacher orientations. Very little cold calling on my end because my manager had a good relationship with the school districts I was working at. Good way for anyone to start the business and build their book. 403(b) cases are very easy to close because teachers need it anyways. AXA is a good place to start your financial planning career especially if you are fresh out of college and do not have any high net worth people in your natural market.

Cons

Unlike other companies, AXA does not provide you with marketing materials or pay for your seminars. They also make you buy the companies laptop and get your own printer. It gets very expensive, because you do alot of driving if you are in the RBG market. Also, after 3 years if you are in your "pop" contract, you will have to start paying for your cube...yes your cube...and mine costs a little over $700 a month. Alot of other companies will not make you pay for your cube and if they do its only $50/month. You also cannot get an outside job...not even selling Mary Kay. I left AXA because I feel like even though they had good training and connections with the school district, they were not generous with their employees compare to other insurance companies. AXA also does not paid as much as some other companies.

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