Equitable Advisors reviews

3.8

68% would recommend to a friend

(2,516 total reviews)
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Mark Pearson

84% approve of CEO

67% positive business outlook

Equitable Advisors has an employee rating of 3.8 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
Jul 20, 2009
Recommend
CEO approval
Business Outlook

Pros

AXA has an open architecture structure giving a financial advisor the freedom to run his business how he wants. Great access to products.

Cons

With the independent feel of the company there is sometimes a lack of team work. Success is based largely on production numbers only.

4.0
Jun 2, 2009
Recommend
CEO approval
Business Outlook

Pros

The harder you work on contacts the more you make. Simple / Fair compensation plan Simple numbers game as are most sales positions

Cons

Very difficult to make any money in the first few years. Company does not pay up front for your testing. If you are not into having your own business, this is probably not the job for you.

4.0
May 11, 2009
Recommend
CEO approval
Business Outlook

Pros

Axa is a good place to work if you are 1. experienced, 2, have an existing book of business or 3. have an extensive business and social network to jump start your career. If your new to the business and have to get licensed and training etc. you better have sizeable savings and/or a working spouse as you are not paid during this period and can't sell anything until you are licensed. Aside from living expenses, there are constant business expense "surprises" that pop up, and are quite costly. You are in "business for yourself" as you are often reminded and you get nickel and dimed for everything. They do offer alot of training you should take advantage of but your real linch pin for success is the abilities and assistance that your ditrict manager provides (or doesn't) you. Some are really committed and go out of their way to help you. Others do the minimum just to get a slice of your action. It's a very conservative company and everyhting is "black and white". Be prepared, you have quarterly "validations" to meet and if not, it's adios, regardless of the reason. It is a revolving door there and people disappear regularly with no explanations. There are many people making alot of money there, it just won't be you for at least 3 years, so expect to work long hours "building your business" while working your schedule around all the time expended on the mandatory (unpaid) training and meetings you are required to attend during the day (8am-5pm) every week. Your AVAILABLE work time will mostly consist of nights and weekends. That is their expectation, this is not a 9-5 job unless you're a manager and have open time during the day to schedule client meetings. In addition to working/training through the day, I work 4-5 (often till 10pm-11pm) nights a week, almost every Saturday and some Sundays. If you can stick it out and hit your quotas it can be lucrative after you're established and able to cover all their expenses. They do have good network and administrative support, as well as longevity (150 yrs) and size in the market.

Cons

High base expenses just to work there. See above

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