Absolute Joke - Financial Professional Equitable Advisors Employee Review

1.0
15 Mar 2018
Recommend
CEO approval
Business outlook

Pros

Seriously not one good thing.

Cons

I went into this job ready to work hard and make my way in the business. I was told if you put in the time and effort you will succeed here. This could not be farther from the truth. Working 50-60 hours a week with absolutely NO compensation led me into just about the worst 4 months of my career. I spent thousands of dollars on my licenses, commute and expenses with NOTHING in return from AXA which is funny considering they love to tell everyone you will make 80k-100k in your first year. LIES. While I was there the "management" and "training" I thought I would get were all just broken promises. You are taught nothing and you are basically given a phone and told to build a book of business. Might I add it such a revolving door of recent graduates that on my first 2 days they didn't even have a desk for me to sit at basically waiting for someone to leave so I could sit. The managers who tell you they believe in you and are investing time in you only want to spend time helping you if there is opportunity for them to make money off of you. I was told time and time again that they don't push people to reach out to family right away but yet they like to insert as many times as possible to tell your family what you are doing aka the only way you will make money here in the beginning is if you harass your family into buying something. Overall, I consider myself an intelligent person but wasting my time at AXA was one of my worst decisions thus far and I would advise/ beg anyone to not let the same tricks that convinced me to accept this job let them. Stay as far away.

Explore other reviews about Equitable Advisors

5.0
2 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Cons

Support staff are more hands off, not a lot of in house support staff members.

1.0
8 June 2026
Recommend
CEO approval
Business outlook

Pros

Good place for career changers to get financial licenses (they will license anybody)

Cons

Very bad pay model for new hires- will tell you 6% commissions on certain products but then you have to kick up 10% to your manager and the other half of what's left to whoever is working w you because they make you go out in pairs...and mostly seem want to get ahold of all your friends and family for sales you can't participate on without the 66....but you have no time to study that bc you are too busy selling for the products that don't require it to make quota, as your clock starts when you pass the 7, so pretty much they just want your people. It's very eat what you kill, and then only after it's been picked over.... which is fine if you're young with no obligations, but not great if you have a family. If you were an existing advisor and had your own book/contacts it could work. Otherwise get your licenses, learn a little, but don't be afraid to move on to other opportunities.

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