2.0
17 Feb 2025
Former employee, more than 1 year
Houston, TX
Recommend
CEO approval
Business outlook
Pros
They will sponsor you to get your SIE licenses; S7 & S66. *note I had to push to get my S66 to become an advisor, but equitable tries to push just the 63.
Cons
Working at Equitable Advisors felt like a scene straight out of Boiler Room. Managers lure recruits with exaggerated promises—mine claimed, “You’ll make enough to buy a McLaren.” In reality, you’re placed in an empty office with a handful of other new hires, making 200 cold calls a day. The real goal is to push annuities and insurance products, often under the guise of being a financial advisor. The company operates on a commission-only model while expecting you to work 60-hour weeks. To top it off, I received a class action settlement about a year after leaving.