Unbelievable fees - Advisor Equitable Advisors Employee Review

3.0
21 Sept 2009
Recommend
CEO approval
Business outlook

Pros

Share plan, AXA Network, some of the seasoned advisors who do joint work

Cons

Although the health plan is a good one, it is hardly affordable. The fees are insane. Although you are W2, you are required to invest in your own computer which is a mandatory Dell model costing almost double of what you would buy on your own and then you have a monthly software fee, broker/dealer fee, E&O insurance, just for starters...

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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