Equitable Advisors reviews

Long Hours and little pay can put into debt, a minor investment to begin working as a financial adviser. No expenses are covered. Beginning with your licenses, costing around $800.00 of your own money. Then you have to pay for business cards, envelopes, and letter headings with your name and information before you even sign a client. I for example wasted 8 months of my life, just to start working (or being able to sell), and then I found out after a month on the job that I did not want to be a financial salesperson. Also, you have to be comfortable working in public schools. Your typical day involves waking up early in the morning to go into a high school and prospect (looking around for staff in their rooms) and then after the high school, go to an elementary school to do the same. Then the middle of your day you have to set up appointments with either new clients or current clients. Then do prospecting after-school. I loved giving people advice on their retirement, but I hated selling variable annuities as a solution to retirement income and I felt like I was not abiding by the schools prospecting rules. You have to be a salesperson. Also, any work you do with current clients you don't get compensated for, since your just providing them a service, unless you sell them a new product.

Way behind in technology, it takes waaaaay to much time to fill out paper apps. Compliance is very very strict and AXA is a very conservative company, which could also be viewed as good. If you are new to the industry, look elsewhere! There is no training at all and you are basically thrown in to sink or swim. Most of the management is sub-par and are clueless when it comes to growing new advisors.