If this would be your first job in financial services -RUN, and don't look back - Financial Consultant Equitable Advisors Employee Review

1.0
17 Feb 2010
Recommend
CEO approval
Business outlook

Pros

flexible schedule, ability to choose your joint work partner and decide commission splits amongst yourselves

Cons

Everyone lies to you, about everything. Start-up costs are never completely disclosed, same goes for on-going expenses (about $450 per month, not including health insurance costs and any marketing you want to do). IF you actually make any money, the commission statements are impossible to read, and costs are deducted -often ending in NEGATIVE commissions that go into "recovery" that they will send lawyers after you to regain. There are SO MANY negatives here, it's rediculous. Unless you have a pre-established book of business you KNOW you can work, DO NOT WASTE YOUR TIME HERE!

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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