Financial Advisor Financial Professional - Recensione dipendente - Financial Professional presso Equitable Advisors

2,0
10 ago 2015
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Opportunity to use multiple companies through the AXA Network. Work/Life balance is good meaning you can go in to work and leave for home or work 4 days a week if you want just know that you only get paid for sales so it's in your best interest to hold yourself accountable and work 50+ hours

Svantaggi

Management lacks in just about every department, they promise education training and support but after years with axa I'm no better off. They recruited me on the great team they had and that they would help take me to the next level since I was already a Financial Advisor. The team fell apart and new guys with no education or experience replaced them on the first week, and the few guys that had been there years had no idea how to train. I managed millions of dollars before joining axa and after years with axa I didn't pick up a single new client. Needless to say I can do much better with another company. Stay away from this one there are better opportunities if being an insurance and investment professional is your goal. They pay system is screwy, at almost all other firms you receive 1099 at AXA if you sell a $100 monthly life insurance policy you 'get' $50 a month for 12 months, however because of the w2 tax treatment the almost $600 in monthly fees for salesforce and 'technology' that never works you never actually 'get your $50 & REALLY expensive E & O. Theres way better opportunities

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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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