Equitable Advisors reviews

3.7

65% would recommend to a friend

(2,516 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 2,516 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
5.0
Sep 2, 2011
Recommend
CEO approval
Business Outlook

Pros

AXA Advisors is where I started my career and after just 3 short years, I can easily say it is where I will likely finish it. A company is only as good as the people who comprise it, and I will say the people that make up our organization are truly amazing. In a day where financial services companies seem to offer any and every product and service under the sun, AXA Advisors has been able to differentiate itself through its innovation, dedication and support. The platform we operate on is extensive, the level of training is unparalleled, and the resources available to a 24 year old financial professional are unmatched. When I started, if you would have told me I would be teaching CPAs and attorneys about certain elements of complex trust and estate planning strategies across the country, I would have thought you were crazy. The leadership, management, and resources backing our firm allow me to not only work in that space, but to thrive in it. From a compensation standpoint, I have found AXA Advisors’ payouts to be amongst the most competitive in the industry. The potential for virtually unlimited compensation and my entrepreneurial spirit allow me to work when and where I desire and ultimately say, "If it's to be, it's up to me." I have been truly blessed to come into a situation with phenomenal leadership, excellent systems, and a career opportunity where the demand for what I do appears to be increasing exponentially as the baby boomer generation continues to age. I believe that successful people will be successful regardless of the situation they are in. AXA Advisors enables those types of individuals to truly impact the lives of hundreds if not thousands of people, while providing the potential for substantial income.

Cons

Describe some of the downsides of working at AXA Advisors

2.0
Apr 4, 2011
Recommend
CEO approval
Business Outlook

Pros

Opportunity to obtain Series 7/66 licenses; If you don’t wash out, you can have some success. Series 7/66 is very marketable in the Financial Industry and allows you to find better opportunities after AXA.

Cons

Management tends to mislead and sugar-coat what the job is really about and how your first year or two will go. When you are “hired” initially and after you pass your exams, you enter into a pre-employment period (6 months) where you are an independent contractor of AXA (frees them of liability if you mess up) and must hit a sales quota and a certain number of production credits before you are eligible for your benefits or salary. If you hit your quota, you have what is basically another interview for management to decide whether they want to bring you on full time. If you do not make your quota in the allotted time or they don't want you, you are terminated and you now have a nasty red flag on your Form U4. This will make getting another job in the financial industry difficult . Management will downplay this pre-employment period big time and not say much AT ALL about this period during your interviews if you do not ask and pry, so be sure to do so. They have no skin in the game during this period and it is managements job to heard as many people in. If you don't stick, they keep your contacts. If you stick, you make them money. Win/win. It is very important and I probably would of passed on the job had I known about this, so ask questions!

1.0
Feb 19, 2010
Recommend
CEO approval
Business Outlook

Pros

Freedom to work how and when you want. Very little to no micro-management. Incredible amount of earning power if you stick with it 5+ years or have people working under you.

Cons

The interviewer completely misrepresents the position as being a financial advisor that helps people with their finances. In reality you are a sales person that will end up mainly selling life insurance to people who don't need it. Very unethical sales strategies. The best way to make money is basically lie (mostly by omission but sometimes outright) about the products features, and if you are an ethical person you will go broke from paying gas and food expenses. No help and very little pay first 2 years. More of a fraternity than office. They call it a multi-level marketing strategy, which are fancy words for pyramid scene. Your boss will make money on everything you sell. Working there will give you absolutely no skills or experience that will be transferable to another employer.

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