AXA Advisors

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AXA Advisors Reviews

Updated April 21, 2015
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61 Reviews
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
18 Ratings

61 Employee Reviews

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  1. anonymous

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Professional in Dallas, TX
    Former Employee - Financial Professional in Dallas, TX

    I worked at AXA Advisors (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    None it has very limited management leadership

    Cons

    Most unprofessional Company I have ever dealt with

    Advice to Management

    Start over

  2. Worked for the company for almost two years. Training was minimal. No local growth opportunities.

    • 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 full-time (More than a year)

    Pros

    Benefits were good Initially work life balance was good.

    Cons

    Revolving door. Lack of Training. Very small raises.

  3. If You Want to Be Another Muppet, Join This Company!

    • Comp & Benefits
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at AXA Advisors

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Free pizza every Wednesday, you get to dress up in nice, fancy suits and stay in a "hotel" for up to six months!

    Cons

    Prey on people's fear and greed, hours are not flexible and you are not the owner of your business as the hiring manager purported to be when you were first courted, cold calling and new recruit turnover is high.

    Advice to Management

    Manipulation does not work in the end.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "What you are getting into"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Financial Representative
    Current Contractor - Financial Representative

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    -The free food on Friday's
    -The feeling (for around 2 weeks) that things are finally looking up for you.
    -There are some really nice people who work in the office.
    -The opportunity to get your Series 7 and 66 but make sure you get them early
    - The opportunity to make a good living selling AXA Products

    Cons

    - Everything they say to you during the interview process is not bona-fide and is a straight sales pitch.
    - The District Managers will say anything to get you to sign their pre-contract even lying to your face.
    - DM's daily schedule is calling college kids all day everyday using the same script they will use on you
    - DM's main strategy is to get you to call mom, dad, and all of your friends then branch out from them (if
       you don't come from a rich family good luck)
    - Not trained on how to sell to the general public. (They script you on how to sell to your own mom)
    - Pre-Contract states that they can terminate you anytime regardless of the 180 day trial period you were
       promised and they will terminate it if you don't call your friends and family.
    - No reimbursement for license fees and your DM keeps your family members that you brought in because
       their retirement products are in-house proprietary products meaning their stuck with AXA products because
       they will take a huge loss for liquidating the plan if they want to withdraw
    - Pyramid Scheme.

    Advice to Management

    - Stop being unethical
    - Train your newcomers on how to sell to the general public instead of forcing them to call family members
       their beginning weeks in. When our family members and friends see us succeed they will join us but
       calling them the first week in when we have no clue what were trying to sell them doesn't look good for us.
    - Don't say if you earn the 5,000 PC'S and pass all your exams under the 180 day trial period you will be
        hired for the full contract when you don't mean it.

  6. Helpful (1)

    Think twice

    • 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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Teaches you to present materials professionally and build lasting relationships with clients.

    Cons

    Everything else. Management here is a joke. Once you leave and a client decides to cancel their contract, AXA bills you for the advanced commissions. That's not a problem and I agree money should be reimbursed. However, agents who take over your newly acquired client may churn the account (cancel their existing account and make them open another one within AXA to increase their application count to meet the monthly quota) or simply give bad service making the client want to transfer to a better institution.

    Advice to Management

    Don't just concentrate on one or two of your favorites. Spend more time going over technical information regarding the products you sell.

  7. If you have ethics this isn't a good place for you.

    • 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 (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Potential to make a lot of money, but only if you sell every client an annuity or insurance.

    Cons

    Management and upper management only care about selling products that aren't in the clients best interests!

    Advice to Management

    Have some ethics and do what's in the clients best interests.

  8. Do not work here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor Trainee
    Former Employee - Financial Advisor Trainee

    I worked at AXA Advisors

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Great industry, nice offices, enthusiastic managers

    Cons

    no base salary, have to pay for everything to work here including desk, phone, printer, COMPANY SOFTWARE.

    Advice to Management

    Actually do something

  9. Absolute scam, do not work here under any circumstances

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

    I worked at AXA Advisors full-time

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    none at all, dont join

    Cons

    borderline chop shop, all you will do is push unsuitable annuities

  10. Helpful (1)

    Don't work here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Registered Representative in Stamford, CT
    Former Contractor - Registered Representative in Stamford, CT

    I worked at AXA Advisors as a contractor (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Will sponsor for licensing so you can move somewhere else and do better. Some good people work here but a lousy culture

    Cons

    No income except for commission, what you do earn is heavily deducted for everything from advertising materials to rent for the cubicle you occupy. Was not given so much as a paper clip.

    Advice to Management

    Pay people and stop charging rent for a cubicle and every other thing an employee needs to make money for AXA

  11. Crooked advisors !! Run !

    • 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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They sell u themselves to sucker u in and pay them

    Cons

    They charged u for being an employee! Cubicle, laptop u pay for

    Advice to Management

    Pay for our cubicle

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