Pros
Great team-based culture, depending on the Financial Manager you get hired under. Great trainings for a new financial professional. Good starting place for an individual looking to make a career out of financial advising.
Cons
Primary focus is on sales and not on financial knowledge. Focuses on client acquisition through high single commission annuity products. Typically, not the best option for clients. Not a great model for building a book of business long term, as this model equates to minimal trail commissions. Work life balance is poor as you're expected to work 12 hours days, most of which is wasted time. The claim is that you're self-employed and that it's your book of business. You are not and it is not. You are an employee of Equitable and "your" book is really their book.
