AXA Advisors
2.9 of 5 238 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees

AXA Advisors Reviews

Updated Apr 15, 2014

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2.9 238 reviews

                             

79% Approve of the CEO

AXA Advisors Chairman and CEO Henri de Castries

Henri de Castries

(56 ratings)

41% of employees recommend this company to a friend
238 Employee Reviews
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Review Highlights

Pros:
  • "Flexible hours, you're in charge of your own future"
    in 11 reviews
  • "Opportunity to make a lot of money, if you work hard enough or get lucky"
    in 6 reviews
Cons:
  • "Sell to family and friends" marketing mentality"
    in 6 reviews
  • "No base salary, heavy sales focus, no formal training"
    in 7 reviews
  • Show more review highlights

Reviews

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1 person found this helpful  

Awesome

Financial Consultant - Sales Force Associate (Current Employee)
Woodbury, NY (US)

I have been working at AXA Advisors full-time for more than 3 years

ProsGreat compensation package, they allow you to earn as you learn and they do not ask for a project 100 or project 200

Conslacking upward mobility, the chances of moving to corporate are very slim and to be successful one should have a network already in place and also be able to prospect.

Advice to Senior Managementwork with developing sales force

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1 person found this helpful  

Great place to work for self motivated people

Anonymous Employee (Current Employee)

I have been working at AXA Advisors

ProsGreat office environment, team atmosphere, the sky is the limit for compensation, set your own work hours

Conshard to build your own client base. high turnover.

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1 person found this helpful  

Success in this field is generating volume

Financial Consultant (Current Employee)
Irvine, CA (US)

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

Pros- Creating your own work schedule/ Flexible Hours (This is not a 8-5 job)
- Running your own business with minimal start-up costs
- Associates that are willing to help and work with you
- Learning to have a entrepreneurial mindset
- Company has existing client base to work with

Cons- You must be self-disciplined
- Abnormal working hours, especially when you have appointments with clients
- You are not told what you do, you basically have to figure out things by yourself
- Training is unorganized
- The only thing you have control over is making appointments

Advice to Senior Management- Recruit better candidates for the position and inform them about the fundamentals of this position
- Have more product/sales training geared towards first year representatives

Yes, I would 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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1 person found this helpful  

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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It was an interesting experience

Anonymous Employee (Current Employee)

I have been working at AXA Advisors

ProsFlexibility and is great if you want to work your own hours.

ConsHave to generate your own client base

Advice to Senior ManagementCreate an assistant position for new reps to learn the business before making them agents

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Amazing

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

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

ProsIt is a fast pace learning atmosphere

ConsThey are hard on hiring long term

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2 people found this helpful  

Don't fall for the lies...

Financial Consultant (Former Employee)
New York, NY (US)

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

ProsEarned and was reimbursed for my NY Insurance license and my Series 7 & 66 exams. Received some valuable insight into the workings of the financial industry.

ConsI almost went bankrupt and nearly had a nervous breakdown. Spent the last month or two just spaced out, staring at my computer screen and wondering why I didn't continue studying to be an accountant.

Highly aggressive sales and prospecting environment that encourages use of deceit and intellectual property misappropriation such as lifting corporate directories from conference rooms at target companies to gain access to prospects. Managing VP's tacitly condone misrepresenting relationship between AXA Advisors and other companies to add false legitimacy and get appointments. Advisors are routinely expelled/ banned from office buildings.

You have to sell your soul to be successful. I saw through the lies pretty fast but was in deep denial, and chased a few opportunities that did not pan out. Hours are not flexible in reality, because your managing VP will guilt you into being there 12 hours a day.

Watch out for the full of himself guy that has hair like a troll doll.

Advice to Senior ManagementClean house, it's not just about the money but also integrity. Put the rotten apples in the trash.

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

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1 person found this helpful  

Low retention rate nationally, but if you make it then you make it.

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

I have been working at AXA Advisors full-time

ProsFlexible hours, you're in charge of your own future

ConsConstantly struggling to stay afloat in the first year

Advice to Senior ManagementPass on more leads

– I'm not optimistic about the outlook for this company

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1 person found this helpful  

Challenging Career with Unlimitied Potential for Growth Professional and Financially

Financial Advisor (Current Employee)
Columbia, MD (US)

I have been working at AXA Advisors full-time for more than 3 years

Pros1. Support from the Management Team 2. Products and Services available to my Clients 3. Professional Development 4. Flexibility 5. Training and Mentoring Program for all new Advisors.

Cons1. This is a challenging career, and you must be willing to work extremely hard. Your early hard work will pay off, though. 2. Depending on the type of practice you want to run, your connections will be invaluable when growing your business. It's tough to relocate.

Advice to Senior ManagementContinue to innovate our technology platforms. The addition of SalesForce and online application processing has been great.

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

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AXA Advisors – Why Work for Us?

What we stand for… We connect people in communities with financial services and products that help protect the futures they build for themselves and their families. At AXA Advisors, we work hard to help our financial… Full Overview

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