AXA Advisors
2.9 of 5 242 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees

AXA Advisors Reviews

Updated Apr 17, 2014

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2.9 242 reviews

                             

78% Approve of the CEO

AXA Advisors Chairman and CEO Henri de Castries

Henri de Castries

(58 ratings)

41% of employees recommend this company to a friend
47 Employee Reviews Back to all reviews
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Position was not as good what was sold

Financial Consultant (Former Employee)
Akron, OH (US)

I worked at AXA Advisors full-time for less than a year

ProsFlexible hours most of the time

Constraining not so good, more product focused verse how to reach out and build practice.

Advice to Senior Managementtry training your new reps. for success

No, I would not recommend this company to a friend

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  • Disapproves of CEO

 

Financial Professional

Financial Advisor/Professional/Consultant (Former Employee)
Buffalo, NY (US)

I worked at AXA Advisors full-time for more than 3 years

ProsYou can make a lot of money if you are truly dedicated and passionate about the job (or about the money). There are some cool people that work here as well and I've made some really awesome friends.
-Certain managers are very good and you can learn a lot about sales from them.
-Company trips if you qualify (and want to spend your vacations with people you see everyday.)

ConsAll commission, you WILL cold call unless you have some connection somewhere dealing with municipalities for example becasue you have an in there. They may try to tell you in the interview that you don't have to but really almost everyone who starts thats what you are doing.
-The company does not give you much to work with. They don't give you leads, you have to find them yourself for the most part. They don't give you a computer, or any perks such as free food etc.
-Long hours are expected even though they tell you your are the CEO of your business...makes zero sense. Especially since you're on 100% commission.

Advice to Senior Management-Hire people you know will succeed, not just any person because even if they fail you can make a couple bucks off of them.
-Be truthful about the job. Don't have kids going to study for the series 7 for two months and come in there first day and quit because they were misled

No, I would not recommend this company to a friend

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Working as a Financial Advisor was a great way to get licenses, and a LOT of headaches.

Financial Advisor (Current Employee)
Los Angeles, CA (US)

I have been working at AXA Advisors full-time for more than a year

ProsFairly easy sales quotas, reimbursement for licensing (and thats it) . Lots of turnover means they hire almost anybody.

ConsTerrible managers in the entire WLA office. New hires are brought in to sell to their families and friends and then dumped.

No, I would not recommend this company to a friend

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Good Learning Experience for a salesperson

Financial Professional (Former Employee)
San Juan, PR (US)

I worked at AXA Advisors full-time for more than a year

ProsMy specific supervisor didn't micromanage, I had a lot of freedom with my time, there was a lit of training mostly on thei products and marketing strategies.

ConsCommissions are not as good as other companies in the industry, it actually costs money to work for them, benefits are not very good and you have to pay for most of them.

No, I would not recommend this company to a friend

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RBG may seem like a good niche but doesn't compensate enough

Financial Advisor (Current Employee)

I have been working at AXA Advisors as a contractor for more than a year

ProsBesides management, almost everyone else is new so people are very friendly with one another. Even if new to the financial field, you learn a bit about it.

ConsIt takes a while to do any real business. They want you to first start off with family and friends. It may seem that's part of their strategy because they help you sign them up, and get a % of the commisssion, but won't help you to acquire any new business.

No, I would not recommend this company to a friend

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Not much you can learn

Anonymous Employee (Former Employee)

I worked at AXA Advisors as an intern

ProsIt is a famous company, and so has name value to put on resume. Also, it is in a reasonably nice location.

ConsHard to learn anything since all you do is face the computer to do your assignment. Supervisor is hardly there for you to communicate.

No, I would not recommend this company to a friend

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Intern

Intern (Former Employee)
New York, NY (US)

I worked at AXA Advisors as an intern for less than a year

Proswork was easy, i had only one supervisor

ConsI came in the afternoon, so didn't really interact with many people. and it was an unpaid internship

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Management and organization is not the best for learning and professional women

Financial Advisor (Former Employee)
Honolulu, HI (US)

I worked at AXA Advisors as a contractor for less than a year

ProsIf you like to be completely on your own and have zero guidance or help, this is the place.

ConsNo training, too much depends on local branch managers, if you luck out to have a good one, it's good, I wasn't that lucky. The management is very pushy about specific products, if you don't meet certain quotas on products they promote, you can lose your job. There was virtually no guidance for a newbie in the business like me.

Advice to Senior ManagementI would advise to pay more attention to new people and help out to learn more about products and business rather than pushing people to sell things they have no idea about.

No, I would not recommend this company to a friend

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1 person found this helpful  

Will take years to become successful unless you have a significant book to begin with.

Financial Professional (Current Employee)
Smithfield, NC (US)

I have been working at AXA Advisors full-time for more than a year

ProsTechnology getting better. Decent wholesaler access.

ConsManagement support is overall poor.No marketing at all. Expenses are high.No help unless you are producing early.Experienced sales force is disengaged with building new business.

Advice to Senior ManagementStop recruiting. Get your experienced sales force to become more willing to grow and get them to recruit for you.

No, I would not recommend this company to a friend

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Deceitful

Financial Advisor (Former Employee)

I worked at AXA Advisors full-time for less than a year

ProsThe people are great, and the flexible schedule is nice.

ConsAll of the compensation is very ambiguous. Definitely favors the firm, heavily. After I started, the "salary" that was pushed and sold as an option during the interview process, wasn't as advertised.

Advice to Senior ManagementBe more transparent during the interview process.

No, I would not recommend this company to a friend

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