AXA Advisors Reviews

Current Employee – been working at AXA Advisors full-time

Pros – *everyone is friendly and wants to see you do well
*managing team does well with pre contracting meetings to help you see what's in store when you pass all your licensing exams
*they don't bs with you, they tell you straight up that this is a difficult profession, you get out of it what you put in

Cons – *have you pay for your tests up front (reimburse after you contract)
*paynwont be great to start
*at the beginning the only way you'll make decent money is by going through your natural market

Former Employee – worked at AXA Advisors full-time for more than 10 years

Pros – Breadth of products; LPL; global presence

Cons – Little name recognition, unstructured training;

Current Employee – been working at AXA Advisors as an intern for less than a year

Pros – Great management, Tons of training and opportunities given to you. Many different pay/stock options

Cons – Finding clients, starting salary is low, no set hours how hard you work= how big your pay check is

Advice to Senior Management – none

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at AXA Advisors part-time for less than a year

Pros – -Entreprunial
-Earning potential
-Flexible
-Good money if you can sell, but they want you to sell to friends and family. Once you run out of them, alot of people can fail

Cons – -Start up cost
-Turn over rate
-Chop Shop
-Hard work

Current Employee – been working at AXA Advisors full-time for more than 3 years

Pros – Open architecture, great colleagues, emphasis on teamwork, solid products

Cons – Not for unambitious or unmotivated people, must be a self starter

Advice to Senior Management – Better coffee

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at AXA Advisors

Pros – Get to know people in insurance industry

Cons – Too much work for intern

Former Employee – worked at AXA Advisors as an intern for less than a year

Pros – Generally friendly people. There is no office politics because everyone is on their own. Like all insurance business the reward is substantial if you do it well, and you don't really need to come to office

Cons – Office has poor ventilation. Low starting wage. If you don't fill targets you're in deep trouble.

Advice to Senior Management – Renovate the office. It's not 1980s

Current Employee – been working at AXA Advisors

Pros – Everyone is great to get along with and knows how to help.

Cons – Can't seem to find any cons.

Former Employee – worked at AXA Advisors full-time for less than a year

Pros – Sponsorship for Series exams, entrepreneurship, time management.

Cons – Pressure to solicit family and friends, poor guidance, salaried for only the first month then 100% commissions.
It's a tough business and extremely difficult to begin with any company in this industry.

Advice to Senior Management – Focus on providing more guidance for your employees to help get the ball rolling. Stop pressuring new hires to ask all their family and friends for business and instead help them develop a book of clients. Also provide longer financial support for your new hires rather than the one month make it or break it.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at AXA Advisors full-time for more than 3 years

Pros – Lots of resources, strong insurance brands, LPL Financial Brokerage Platform

Cons – Commission Only, Extremely high cost to operate your practice (at least 20-30k per year), Nickel and dimed for supbar technology and marketing material. No formal training program with a focus on small account production. Compensation & Benefits are too tied to your insurance production. They claim independent open-architecture but the only products they really want you to sell is AXA Equitable Life Insurance and Annuities.

Advice to Senior Management – It's not AXA Equitable, it's AXA Advisors. Insurance is not the end all be all for financial planning. Invest in your producers with a base salary and stop charging them for everything. Also, train your producers to build a pipeline of prospects with minimum asset levels. They spend far too much time servicing non profitable clients with under 100k in assets and don't have the platform to support HNW clients. They can't live and die by VUL and VA's because post financial crisis clients expect a lot of liquidity and are very fee conscious.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company