Unbelievable How Little Managemant Cares - Financial Consultant Equitable Advisors Employee Review

1.0
13 Apr 2020
Recommend
CEO approval
Business outlook

Pros

You get a ton of kickback for selling annuities and life insurance as opposed to traditional wealth management investments.

Cons

I was recently asked by management to write a review on Glassdoor about my experience at Equitable due to the amount of negative feedback they were receiving. To my disappointment, instead of trying to rectify the prevalent issues, the management team was only focused on brushing the feedback under the rug to try to feed in as many new employees as possible. This proves to me that this organization is indeed just a pyramid scheme whose end goal is to take your clients when you inevitably leave. I have also come to find out that the management team receives significantly higher compensation for proprietary annuities and life insurance sold, which is why their trainings and everything they sell is focused around these. I wish I noticed these differences earlier in my career so I could have made a change. Instead I feel like I have wasted my time. Before you make the same mistake I have, please consider how you may be taken advantage of.

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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