Financial Professional - Recensione dipendente - Financial Professional presso Equitable Advisors

2,0
5 set 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

You and your office of financial professionals all go through hell together starting out your first three years. Overall good group of financial professionals to work with.

Svantaggi

HIDDEN FEES everywhere you go. Pay your own E&O insurance after 6 months on contract in excess of $280 per month. Have to purchase a new computer that meets their 'security specifications'. You have to pay a 'technology fee' of $80 a month to use their specific poor excuse of sales force and illustration software. Whatever AXA tells you during the interview, they are a LIFE INSURANCE company first. If interested in an investment practice you will have to pay $50 a month to use their awful third party broker dealer affiliate LPL' and their software. Overall, I have seen a ton of Advisors make a commission check just to have it all go to AXA to pay all of these hidden fees. This place is a money pit.

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5,0
2 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Svantaggi

Support staff are more hands off, not a lot of in house support staff members.

1,0
26 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Complete freedom to build your book of business anmd schedule.

Svantaggi

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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