A cautionary tale - Financial Professional Equitable Advisors Employee Review

1.0
3 July 2019
Recommend
CEO approval
Business outlook

Pros

Great views from the office

Cons

Was lied to regarding pay - if you tell people there are two payment options, stick to it. Don’t say once licensed you can have a salary then reneg on that and state you only want 100% commission based sales people only, especially after paying for study materials and passing exams. As a new advisor the partial salary would have been paramount in allowing me to comfortably launch a practice. Required to pay for all study materials Will receive undue pressure to make at least 100 dials per day, while studying, with a very threatening tone Was pressured to stay from 8am-8pm to make dials Attrition was highly visible as not a single person who joined ahead of remained when I left Bullying was an issue

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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