CAVEAT EMPTOR - Do your homework, Know what expectaions are, Have deep pockets... - Recensione dipendente - Financial Advisor presso Equitable Advisors

4,0
11 mag 2009
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Axa is a good place to work if you are 1. experienced, 2, have an existing book of business or 3. have an extensive business and social network to jump start your career. If your new to the business and have to get licensed and training etc. you better have sizeable savings and/or a working spouse as you are not paid during this period and can't sell anything until you are licensed. Aside from living expenses, there are constant business expense "surprises" that pop up, and are quite costly. You are in "business for yourself" as you are often reminded and you get nickel and dimed for everything. They do offer alot of training you should take advantage of but your real linch pin for success is the abilities and assistance that your ditrict manager provides (or doesn't) you. Some are really committed and go out of their way to help you. Others do the minimum just to get a slice of your action. It's a very conservative company and everyhting is "black and white". Be prepared, you have quarterly "validations" to meet and if not, it's adios, regardless of the reason. It is a revolving door there and people disappear regularly with no explanations. There are many people making alot of money there, it just won't be you for at least 3 years, so expect to work long hours "building your business" while working your schedule around all the time expended on the mandatory (unpaid) training and meetings you are required to attend during the day (8am-5pm) every week. Your AVAILABLE work time will mostly consist of nights and weekends. That is their expectation, this is not a 9-5 job unless you're a manager and have open time during the day to schedule client meetings. In addition to working/training through the day, I work 4-5 (often till 10pm-11pm) nights a week, almost every Saturday and some Sundays. If you can stick it out and hit your quotas it can be lucrative after you're established and able to cover all their expenses. They do have good network and administrative support, as well as longevity (150 yrs) and size in the market.

Svantaggi

High base expenses just to work there. See above

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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.

2,0
24 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Accessible stepping stone into the industry. Flexibility

Svantaggi

Little transparency for employees, high pressure annuities and insurance sales with little real education or support on product or sales practice knowledge. Expect long hours while you learn to do recordkeeping and support work on your own while trying to meet goals that make sense for someone with a few years of prior experience, staff to help with paperwork and recordkeeping, and a decent lead funnel. You may not get any of these depending on branch and territory but you will still have a performance goal to keep your base pay and benefits that feels absurd to the new entrants they primarily target for recruitment.

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