Don't even know where to start... - Recensione dipendente - Financial Consultant presso Equitable Advisors

1,0
24 lug 2021
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

they'll sponsor your licenses, although you still have to pay for them.

Svantaggi

I worked here for almost a year and was lied to from the first interview. I was told I'd have a salary, later found out that I'd be commission only (it was better for my manager if I was commission only). Was told expenses (i.e. gas, Bart fare to see clients etc.) would be covered. This was not the case. Was also told I'd be reimbursed for my tests after I passed, but it turns out you only get reimbursed once you've been there for 6 months. The list goes on and on. This company is as close to a scam as you can get, and is worse than a pyramid scheme. Constantly forcing clients into annuities with high fees knowing that it's not the best decision for the client, but the one that pays out the best. No wonder they rebranded to get away from their reputation under AXA (shocker - they're just as bad with a new name). Employees were constantly pressure (sometimes forced) to write positive Glassdoor reviews, especially after a bad one would surface. I'd be super wary of the 5 star reviews on here, especially the ones that say "all it takes is commitment."

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