Not great - Financial Advisor Equitable Advisors Employee Review

2.0
8 Mar 2024
Recommend
CEO approval
Business outlook

Pros

There are a few experienced advisors.

Cons

Glitches in their tools and computer system for literal days at a time. Mandatory meetings in 30-60min increments spaced 45-90min apart totalling 7-15hrs per week largely to micromanage or cover redundant topics. Incredibly annoying to have to plan all your real prospecting time and continued planning with clients around their patchwork schedule. Reg BI does not seem to be much of a concern when working with senior managers/advisors, they just want to push the proprietary products. "We can show you that when you need it". You will often go into situations blind and without a good understanding or access to the tools or information that you need. Felt like information guarding to keep new advisors semi dependent on managers.

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
26 June 2026
Recommend
CEO approval
Business outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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