AXA Advisors Reviews | Glassdoor.com.au

AXA Advisors Reviews

Updated 21 February 2017
190 reviews

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3.0
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
38 Ratings

190 Employee Reviews

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Pros
  • Ability to make A LOT of money (paid for what you do) (in 16 reviews)

  • Unlimited earning potential, flexible schedule (get what you put in), growing need for the industry, "be your own boss" (in 16 reviews)

Cons
  • no base salary is annoying really (in 22 reviews)

  • This of course is after you have recruited your friends and family to the company (in 20 reviews)

More Pros and Cons

  1. "registered representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Negative Outlook

    I worked at AXA Advisors full-time

    Pros

    great environment, co-workers will help

    Cons

    limited exposure, not much marketing


  2. "Great opportunity for sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Professional in Wellesley, MA (US)
    Former Employee - Financial Professional in Wellesley, MA (US)
    Doesn't Recommend
    Positive Outlook

    I worked at AXA Advisors full-time (Less than a year)

    Pros

    Amazing compensation structure for successful sales people
    Great people work in the office, super friendly
    Nice location, easy parking
    Good support staff

    Cons

    Unclear at time of recruitment as to the details of the position
    The position is a salesperson, do not let anyone tell you otherwise
    Unethical business practices are required if you are to succeed

    Advice to Management

    Be more clear on recruitment, do not oversell your "captive audience"
    Do not tell people that if they put in the work they cannot fail
    Do not only share stories of the best but also some stories of those who did not succeed


  3. "AXA Advisors - Great experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)
    Doesn't Recommend
    Neutral Outlook

    I worked at AXA Advisors full-time (More than a year)

    Pros

    - there are very few places that you can start out as client facing
    - great experience in sales and communicating
    - really knowledgeable people

    Cons

    - money
    - for your first 2-4 years this is a sales job, don't let anyone tell you otherwise
    - getting paid for a case, then having the case fall through, then having to pay AXA back

    Advice to Management

    -set correct expectations
    - there is no accountability for senior partners. After cold calling 250+ numbers a day and setting meetings rejection after rejection, it becomes disheartening when you do sit down with someone who needs financial help and nothing is done. There's two sides to everything and its up to you to completely buy in.


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  5. "Great Place to Work, Not for Everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional in San Antonio, TX (US)
    Current Employee - Financial Professional in San Antonio, TX (US)
    Doesn't Recommend

    I have been working at AXA Advisors full-time (More than a year)

    Pros

    Completely self sustained, make your own schedule and hours, get out of it what you put into it.

    Cons

    No structure, not a lot of help from management. No formal training process. A lot of testing to start the job, very expensive and the company only reimburses you for it months later.


  6. Helpful (3)

    "Financial Advisor"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Compensation is essentially only the commissions earned. The benefit is that there are many different types of products with varying payout schedules, and most allow the advisor to accumulate a very large income through the recurring commission trails.

    Cons

    When beginning your career, it is very difficult to generate a consistent stream of commissions. Without finding one or two very large deals in the first year, many people cannot afford to continue and leave the business


  7. "Financial Services Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Advisor Intern in Houston, TX (US)
    Former Intern - Financial Advisor Intern in Houston, TX (US)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at AXA Advisors as an intern (Less than a year)

    Pros

    Relations with financial advisers and seeing how the process of cold calling and sit-downs with customers.

    Cons

    Long hours and multiple financial products to learn and sale.


  8. "Resume Builder"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY (US)
    Former Employee - Intern in New York, NY (US)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good opportunity to step into this industry

    Cons

    Trivial work, limited career development

    Advice to Management

    Pay the intern


  9. Helpful (1)

    "Know What You're Getting Into"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in New York, NY (US)
    Current Employee - Financial Advisor in New York, NY (US)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at AXA Advisors full-time (Less than a year)

    Pros

    -extremely driven coworkers
    -very focused culture
    -excellent location
    -flexibility once you are established

    Cons

    -insane hours starting out
    -100% commission and no benefits starting out
    -you can expect no pay for the 1st 3 months
    -deceptive about workload during interview process

    Advice to Management

    Layout exactly what the job entails during the interview process and make sure prospective candidates understand what they are getting themselves into.


  10. Helpful (1)

    "Financial Professional"

    Star Star Star Star Star
    Former Employee - Financial Professional in Dallas, TX (US)
    Former Employee - Financial Professional in Dallas, TX (US)

    I worked at AXA Advisors full-time (Less than a year)

    Pros

    You have the ability to set your own schedule which can be a blessing and a curse. There is also the ability to make as much as you want.

    Cons

    Although you can make as much as you want, you will have to sell primarily life insurance or annuities or you will not make enough money. They give you the idea that you will be able to use any product, but after a certain time period you will have to sell proprietary products to be eligible for benefits. They also charge you a lot to work here, and offer 0 base pay.

    Advice to Management

    Let the job applicants know that they will be life insurance sales people up front, and that they will pay significant fees to work here.


  11. "Very tough work. High Payout is possible if you follow the plan."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Fort Lauderdale, FL (US)
    Current Employee - Financial Advisor in Fort Lauderdale, FL (US)
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fantastic experience, great company, no cap to your earnings. Reputation and open architecture are a big plus. Sales training is great. Gives great leads.

    Cons

    Charge you to work there, basically life insurance salesmen, no salary, very very very tough to start out as they don't give you leads to start with.

    Advice to Management

    Even a small salary and no nickel and dining employees would go a long way.



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