AXA Advisors

  www.axa-equitable.com
  www.axa-equitable.com
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AXA Advisors Reviews

Updated July 26, 2014
Updated July 26, 2014
288 Reviews
3.2
288 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
78 Ratings

Review Highlights

Pros
  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money) (in 8 reviews)

  • Flexible hours most of the time (in 13 reviews)


Cons
  • No base salary offered in Manasquan (in 8 reviews)

  • Sell to family and friends" marketing mentality (in 6 reviews)

More Highlights

50 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Bad experience waste of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Fort Lauderdale, FL
    Current Employee - Financial Advisor in Fort Lauderdale, FL

    I have been working at AXA Advisors full-time for less than a year

    Pros

    Big company. Not many pros unfortunately. Great location.

    Cons

    many false promises to get you in. Didnt deliver promises. Left you alone to do business like independent not office support as promised. Push there products not real full service and brokerage as claimed.

    Advice to ManagementAdvice

    Get a new manager. Get new life in the office. Do you really want to grow with new people? or just numbers game.

    Doesn't Recommend
    Disapproves of CEO
  2. 2 people found this helpful  

    No True Leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  Los Angeles, CA
    Former Employee - Financial Advisor in Los Angeles, CA

    I worked at AXA Advisors full-time for more than a year

    Pros

    You can earn your FINRA licensing.

    Cons

    Without real leadership this group of offices in West LA, Woodland Hills, Irvine and Koreatown will always under perform. Branch managers say they have an open door policy, but don't have time or interest in speaking to you. Divisional Managers lack management and leadership skills.
    You can't hire everyone and spread managers too thin to train the new advisors, Make a mistake and you might receive a rude call from the compliance bulldog. I could never understand a word she said but knew she was not happy. I spent long days learning from those who would give me time but in the end I realized that this group did not care about me at all. I wanted to learn and bee successful and I put in the time, but needed guidance.

    Advice to ManagementAdvice

    Stop looking at this as a numbers game. You hire everyone who interviews and then it is sink or swim. Those with a good network in the area seem to survive and those who don't have a network fail and move on. Take the time to get to know your people and grow them into Financial Advisors instead of being hands off.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    You are not a financial advisor, you are an insurance sales person

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

    I worked at AXA Advisors full-time for less than a year

    Pros

    The office address is nice.

    Cons

    Management will hire anyone. Your group benefits are tied to how much AXA insurance you sell (which does not put the client first). They are annuity and life insurance sales people that don't do what is best for clients. You are expected to market to schools which do not want you on or around campus before, during, or after school. There is no marketing budget for new people.

    Advice to ManagementAdvice

    Set more rigorous standards for your hiring process.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    Horrible! Full time job with part time job pay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant  in  Woodland Hills, CA
    Former Employee - Financial Consultant in Woodland Hills, CA

    I worked at AXA Advisors full-time for more than a year

    Pros

    None! Wasted time and $$ ( it is very expensive to work for AXA, as they charge you for everything from licenses transfer to new business cards, to number of copies you print using their very, very old computers.

    Cons

    Everything, from dumb management, lack of meaningful support to new agents, to obsolete technology in use.

    Advice to ManagementAdvice

    Resign!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Summer Internship

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Fellow Interns were cool but that is pretty much it.

    Cons

    Too many to list them all. For starts the District VP that i was assigned to was oblivious on what to assign to interns. Most days the interns would just sit there and do nothing or sit on the internet and play games because nothing was assigned to them.

  7. 1 person found this helpful  

    They will make you lie

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  Bellevue, WA
    Former Employee - Financial Advisor in Bellevue, WA

    I worked at AXA Advisors full-time for less than a year

    Pros

    You can get your licenses quickly but you have to pay for them yourself. There is not really any other positive thing to say here

    Cons

    They will make you call all your friends and family even before you are licensed and sell them high-priced and poor performing annuities and whole life insurance policies. This is a 100% commission job and they will charge you for everything such as stamps to mail out documents to clients

    Advice to ManagementAdvice

    Being honest is a better long term business plan. Do not nickle and dime your employees when you are making so much off their backs

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Fraudulent and Unethical

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant - Sales Force Associate  in  Phoenix, AZ
    Former Employee - Financial Consultant - Sales Force Associate in Phoenix, AZ

    I worked at AXA Advisors full-time for more than a year

    Pros

    There were no pros at this place of employment. Very disturbing experience.

    Cons

    In my time at this company I witnessed numerous client complaints from unsuitable investment recommendations and poor customer service. There reports of dishonest activities, taking advantage of customers, driven by greed with a total disregard of industry regulations. You can read about illegal kickbacks and ponzi schemes with charges and litigation pending. The sales force does not meet regulatory requirements to conduct business as registered investment advisors. Testimonials from employees and customers reveal disturbing facts about compliance violations, unethical behavior, and criminal activities.

    Advice to ManagementAdvice

    Please go out of business.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 4 people found this helpful  

    Financial Advisor Program

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

    I worked at AXA Advisors full-time for more than a year

    Pros

    Sponsorship for the series 7

    Cons

    You are not even a part time worker until you pass the series 7, then you are only part time until you do enough business to go on contract full time, then congratulations, you have to pay your your desk space and E&O insurance. You cold call all day to sell bankers and lawyers variable insurance or annuities, that's it.

    Advice to ManagementAdvice

    Managers are idiots that know nothing about the markets. All they know how to sell is insurance and annuities. They sell YOU in order for you to agree to come onboard, the entire process is smoke and mirrors. Dont believe a word they say.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Insurance Sales is all you'll be incentivized to do...

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

    I have been working at AXA Advisors

    Pros

    Autonomy to create your own schedule etc...

    Cons

    Somewhat deceptive management and sales tactics. Cold call or hit up your personal contacts to see who wants to buy 1) Life insurance 2) Annuities... that's all this gig is about.

    Advice to ManagementAdvice

    Be Honest

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 3 people found this helpful  

    Exploits new recruits than toss away

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional  in  Los Angeles, CA
    Current Employee - Financial Professional in Los Angeles, CA

    I have been working at AXA Advisors full-time for less than a year

    Pros

    There is absolutely nothing good about this company. Wish I could give 0 stars.

    Cons

    Everything. They continually hire new people to exploit their natural market and once they are out there is absolutely zero support from the company and pushes the out. There is no chance of turning this into a life long career.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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