Run!!!!! - Recensione dipendente - Financial Professional presso Equitable Advisors

1,0
26 feb 2019
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

You can get your Series 7 here which is pretty much the key to getting hired at a legitimate financial advisory services firm. But......you have to pay for it yourself.

Svantaggi

-First 6 months without a base salary only on commission (which you wont get much of because you just started). Don't expect to make anything for 6 months. -You are expected to sell the 403(b) which requires you to sit in teachers lounges all day at public schools in the middle of nowhere and badger every teacher who comes in to buy a product that you know won't make them any money. -I wouldn't do this job if it was the last opportunity on earth. The first six months are the equivalent to a cutco knife sales internship. -Commission structure is terrible -Impossible to maintain fiduciary responsibility and be successful at the same time.

Esplora altre recensioni su Equitable Advisors

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.

Vedi recensioni per: Utile|Valutazione|Data|Tutto