A cautionary tale - Recensione dipendente - Financial Professional presso Equitable Advisors

1,0
3 lug 2019
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great views from the office

Svantaggi

Was lied to regarding pay - if you tell people there are two payment options, stick to it. Don’t say once licensed you can have a salary then reneg on that and state you only want 100% commission based sales people only, especially after paying for study materials and passing exams. As a new advisor the partial salary would have been paramount in allowing me to comfortably launch a practice. Required to pay for all study materials Will receive undue pressure to make at least 100 dials per day, while studying, with a very threatening tone Was pressured to stay from 8am-8pm to make dials Attrition was highly visible as not a single person who joined ahead of remained when I left Bullying was an issue

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.

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