AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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AXA Advisors Reviews

Updated June 19, 2015
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5.0
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
37 Ratings

Pros
  • You can definitely make a lot of money, if you choose to focus on the life insurance side of the business (which they heavily encourage/promote) (in 8 reviews)

  • Creating your own work schedule/ Flexible Hours (This is not a 8-5 job) (in 14 reviews)

Cons
  • No base salary, heavy sales focus, no formal training (in 8 reviews)

  • Hard industry to break into, a lot of time will be devoted to establishing your Book of Business (in 6 reviews)

More Pros and Cons

55 Employee Reviews

Sort: Popular Rating Date
  1. Control, Flexibility, Hard Work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regional Vice President in Falls Church, VA
    Current Employee - Regional Vice President in Falls Church, VA

    I have been working at AXA Advisors full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Set your own schedule and you get paid for your results. This is not the place to hide behind your computer screen. Nearly 100% commission which for those of us who build great relationships and deliver results to our clients means handsome compensation. The non-tangible income you receive from helping people retire, send their kids to college or protect them in event of disability or death is priceless. Clients really appreciate what you do.

    Cons

    You must work 60 hour weeks for your first 3-5 years to build a practice. From what I see most people are not willing to put in this time and not earn much commission. Must make short term sacrifices for long term returns.

    Advice to Management

    Need to make it easier for new associates to launch in the career.


  2. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at AXA Advisors as an intern (Less than a year)

    Pros

    Great Company with good organization

    Cons

    None at all. It's a top rate company


  3. Helpful (2)

    Financial Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in San Diego, CA
    Current Employee - Financial Consultant in San Diego, CA

    I have been working at AXA Advisors full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A lot of very smart people as colleagues (lawyers, CPAs, CFPs)
    Excellent pay structure if you are good with people and willing to actually work hard
    Very flexible schedule
    Management seems to really care about the advisors

    Cons

    This is NOT a good place to work if you are timid, shy, or lack confidence in your abilities
    Would love to get more company-generated leads, but that's probably why they pay so well versus banks and other competitors

    Advice to Management

    Consider moving training to much earlier or later in the day so that it doesn't conflict with prospecting time. Otherwise, keep up the great work!


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  5. Helpful (1)

    Great place if you work Hard

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in San Diego, CA
    Current Employee - Financial Advisor in San Diego, CA

    I have been working at AXA Advisors full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I've been in the industry for over a decade and have not seen a better Firm to grow with. The company has great products and allows you to focus on whatever is best for your client. The pay plan is really good for smart, hard workers. The local agency does has a lot of mentors to help new advisors. All I can say is that you have to be passionate about helping people grow their wealth and protect assets. If you are smart, passionate and willing to go out and work there isn't a better career.

    Cons

    First couple of years there is a lot to learn. Licenses can be difficult.

    Advice to Management

    Don't hire salespeople and focus on hiring people that get exciting about building a business


  6. New HIre

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors full-time

    Pros

    Change of pace with a great management team

    Cons

    one hour away from home


  7. AXA Advisors

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great management, professional yet casual work environment, friendly co-workers, helpful attitudes, great benefits, room for advancement and growth opportunities

    Cons

    Can't say I've run into any cons yet.


  8. Helpful (3)

    Financial Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT

    I have been working at AXA Advisors (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    AXA allows you to be your own CEO while backing you with all their resources and training. They work hard to provide all the tools needed to be a successful advisor.

    Cons

    If you don't like working hard, then forget working here.


  9. I work in Troy and the management is incredibly supportive and I look forward to continuing to grow as an advisor.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in Troy, MI
    Current Employee - Financial Consultant in Troy, MI

    I have been working at AXA Advisors full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Both the management and executive management have been very supportive. The atmosphere is awesome and the support staff will go out of their way to help you.

    Cons

    i do not have any cons about this job. Is it hard absolutely, do you work long hours, absolutely, but when you help someone take care of their future, it is very cool.

    Advice to Management

    My advice to management would be to keep doing what you are doing. I don't have anything to say about the CEO bevause I do not know enough to do that.


  10. Helpful (1)

    AXA Advisors - Great opportunity for growth and a sustainable financial services practice.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fianicial Professional in Morristown, NJ
    Current Employee - Fianicial Professional in Morristown, NJ

    I have been working at AXA Advisors full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Scalable Business Model
    Great Benefits (401K, Health, Alternative Platforms)
    Unlimited Pay
    Mentorships
    Family Office Environment
    Flexible Time Schedule

    Cons

    Difficult startup for your practice
    No Salary (complicated)
    Confusing products and services
    If not pursued properly; Limited Education
    Not the "sexiest" financial organization.


  11. Helpful (9)

    Excellent opportunity, provided with all that is necessary for success

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in New York, NY
    Current Employee - Financial Advisor in New York, NY

    I have been working at AXA Advisors full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Eat what you kill. For those individuals who possess great ambition such as myself, this is the perfect platform to create an income to suit your lifestyle. For those who prefer an average lifestyle making a comfortable base salary, you have entered the wrong industry. "I am a lion; I rather starve in the wilderness than be fed in a cage."

    -Rewarded for your efforts. It is very easy to see the differences in character regarding an employee who makes $35k a year and is destined for failure versus one who makes $700k a year. You WILL make $150k your first year if you are a person who strives for greatness.

    -Not once was an attempt made to tap into my natural market.

    -Great leadership from my manager in developing the habits of successful people. I cannot speak for any other manager, however if you do not feel your manager is up to par I cannot imagine it is too difficult to seek a transition.

    -Team support alongside friendly yet fierce competition.

    Cons

    -Around a 90% turnover rate. If you lack self-motivation and determination, are not hard-working, pessimistic in nature and tend to make excuses on a regular basis--you will fail. Please save your time and find employment featuring a stable salary. This industry is not for the weak of mind, the turnover rate is incredibly high for a reason. If you can envision yourself making the excuses seen in many of the posts on this page, written by failures who cannot own up to their faults--I am speaking directly to you.

    -There are some rotten apples as in any office, it is difficult to understand how some made it through the interview process. Perhaps I shouldn't judge a book by its cover, but laziness is evident from the manner a person dresses and conducts themselves--as well as their attitude towards life.

    -Start up costs among other fees. Not really a con considering these are involved in any business venture in addition to the fact that you are investing in your career and book of clients--but again--this is geared towards those who tend to make an excuse for their own failure. What is $3k to a $1M+ producer? A single fitted suit?

    Advice to Management

    Become slightly more selective in the interview process. I understand the desire for equal opportunity, but simply performing well in an undergraduate program is not enough to identify one who will be successful in the financial services industry.



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