AXA Advisors, not a job for most - Recensione dipendente - Financial Consultant presso Equitable Advisors

2,0
24 feb 2010
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The flexibility to create your own schedule. The ability to take personal time if needed. Experience in selling financial products to individuals.

Svantaggi

The expenses are not fully disclosed with the exception of buying a computer and testing. Expenses include, testing ($1300, 900 is reimbursed), a computer (1500), workstation access (65 month), gas (easily $150 a month), business cards (30, that's right you pay for business cards!), stationary (30), extra marketing materials (10). RBG planner (25). These expenses are among others and quickly add up. The pre-contract period can be 6 months or greater in which you are not making any money. The hiring process is "churn and burn." They will hire as many people as they can to try to keep up with the attrition. This makes it difficult to get any guidance or training from mangers as they assume you will most likely be gone in a year. They don't have any sort of training orientation for new hires. Level 1 training is offered but some do not go to it until 1 year after their pre-contract date. Your job title should be "prospector," or "insurance peddler." In no way are you Advising or Consulting anyone on their financial affairs. If you find a worthwhile potential customer with assets, then you have to bring in a more experienced associate or manager to close the sale because you have not been trained in product knowledge or any necessary selling skills. You will at least get half of the sale...

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