Equitable Advisors reviews

3.7

64% would recommend to a friend

(2,516 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 2,516 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
4.0
Oct 21, 2012
Recommend
CEO approval
Business Outlook

Pros

Many trainings, access to a variety of detailed concepts in financial planning. Denver office very knowledgeable and helpful. Provide ability to offer a variety of products from outside companies.

Cons

Low comp on outside products, not everything available through outside companies. Must sell prorietary products to qualify for benefits. No company 401k match. Cannot replace proprietary products with better outside company products and get compensated. Life products not the best, annuity products good, fee based products not count towards benefits. No advertising help in media or charitable events. Must pay for all marketing yourself. Not as organized in helping with centers of influence as should be.

3.0
Sep 11, 2012
Recommend
CEO approval
Business Outlook

Pros

AXA Advisors is great at teaching concept/story selling to newcomers. They also have a strong line of (life) insurance and annuity products that makes the sale easy for the right clients. If you manage to pass the initial hurdle of $3,000 of production credits (6 month probation period), you will be given some form of salary (as a draw) that can extend up to 3 years. Benefits are pretty good too and includes a pension down the line. Depending on the office you are in, you can potentially have access to some very experienced advisors with whom you can partner with.

Cons

It is first and foremost a sales position. If you are in the traditional advisor position, be ready to start contacting all your friends and family to get you started in addition to going out and prospecting through networking or cold/warm calling. If you are in the 403(b) division, get ready to eat your pride and walk school campus with the hopes of meeting teachers even when school policy technically forbids you to be there. Thought you CAN have access to some very experienced advisors, they don't always seem to care about your success (which is kind of natural since I'm sure they see a lot of people come in and go). You really have to develop mentor and partner relationships early on if you want to succeed. Also, AXA Advisors is primarily an insurance carrier. If you are big on investments through mutual funds, if you want to be more of a fee-based financial planner, AXA may not be the right place for you.

1.0
Sep 11, 2012

Bad

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pros are that the office is in New York, but other than that, none. Unless you like cold calling all day.

Cons

No money at first. All cold calling. Your told you'll make a lot but unless your one of the few who gets lucky, you wont.

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