Worst company any entry level advisor could work for. - Recensione dipendente - Financial Advisor presso Equitable Advisors

1,0
5 mar 2023
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Little to none. You have a lot of free time.

Svantaggi

Zero structure, zero training, zero support or help. They basically make you pay for your own background check and licenses, then make you call everyone you’ve ever met to try and get them to invest at Equitable. They say it’s a fiduciary but all the do is try and sell them annuities. Then after you’ve convinced any family and friends to invest they give you a Zoominfo login and have you make cold calls every day u til you hate your life. Basically tell you to lie on the phone and say they do financial planning when in reality it’s just convincing people to buy annuities or permanent life insurance. If you are new to the industry please do not work here. It will set your career back 6 months or more. Find a firm with a junior advisor program. You will reciente almost no training here and won’t make much money if any unless you’re from a well off family or have wealthy friends willing to move their investments over. Meanwhile your team leader takes a cut from all of your work and does nothing to help.

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Risposta di Equitable Advisors
3y
Thank you for taking the time to leave us a review. We offer support and training, but at the same time each financial professional is responsible for building their own book of business. Many find this entrepreneurial environment rewarding, especially as it leads to building relationships and trust with your clients and having impact within your community. We offer a formal mentorship program, the Gold Mentor Program, where the talents and knowledge of new Financial Professionals are partnered with the experience and skills of some of our most successful producers. Also, we provide reimbursement of licensing expenses upon contracting. We are proud of our Financial Professional retention and development among our industry peers!

Esplora altre recensioni su Equitable Advisors

5,0
2 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Svantaggi

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

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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