Terrible company - Financial Advisor Equitable Advisors Employee Review

1.0
7 June 2022
Recommend
CEO approval
Business outlook

Pros

None. You learn a lot though which is good

Cons

They lied about compensation saying that it would be a base plus commission. When I started the job, they paid me for my first week of training and then I was 100% commission. Very unethical.

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Equitable Advisors Response
3y
We appreciate you taking the time to post. You can indeed learn a lot in our industry and we use that knowledge to help our clients -- they bring us their vision, we build the plan, and together we face the future with courage, strength and wisdom. Regarding your con comment, we do offer multiple options including Base Pay plus Commissions or Commissions plus Bonus. We are looking for entrepreneurial minded candidates that want to be compensated for their performance. At Equitable Advisors, you have the ability to accelerate your earning potential and it’s based on one factor: you!

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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