Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,517 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 2,517 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
Aug 28, 2013

Don't do it

Recommend
CEO approval
Business Outlook

Pros

Flexible schedule(depending on your manager and how long you've been there), Potential for good income(but not very common)

Cons

Poor training, No base salary, Poor benefits(no 401k match), Force you to sell to your family and friends, Have you tell prospects you sell outside products but base your benefits requirement and bonus on AXA Equitable proprietary products, Have you sell primarily life insurance and annuities regardless of clients best interest, every expense is paid for by the advisor including but not limited to: computer rental(required), Errors and Omissions insurance(required), cubicle or office(required), office supplies, personal office equipment(printer, additional monitor, etc), postage on work related documents, etc. No one knows who the company is so you have to sell them on using you and the company. Claim you get several resources from company but most are no longer legitimate since they have been recycled so many times by employees that have quit.

3.0
Aug 23, 2013

BQ

Recommend
CEO approval
Business Outlook

Pros

Unlimited potential for growth and income.

Cons

No base salary, heavy sales focus, no formal training. Success/failure rate highly dependent on manager.

4.0
Aug 20, 2013
Recommend
CEO approval
Business Outlook

Pros

AXA Advisors is a great place to learn the business and build a thriving financial practice, covering planning, asset management, and risk management. The company provides a combination of online learning, classroom learning, and mentoring. The benefits include commissions, stock options, 401K, and pension plan. Successful advisers typically make over $100,000 after three to four years.

Cons

The company makes clear that it is looking for people who are entrepreneurial. This job is not easy. Fewer than 20% of the people that start at AXA Advisors (similar to industry avg.) can make it a career. Advisers after six months most pay E&O insurance, software licensing fee, etc. It adds up, if you're not making money.

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