AXA Advisors Reviews

Updated October 24, 2014
Updated October 24, 2014
299 Reviews
3.2
299 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
80 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)

  • Salary, plus commissions flexible schedule and the opportunity to meet different people everyday (in 13 reviews)


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

  • And its commission based salaries for the most part so good luck building up that book of business to gain a decent earnings (in 6 reviews)

More Highlights

154 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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

    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 ManagementAdvice

    Pay for our cubicle

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    I didn't like working for free.

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

    I have been working at AXA Advisors full-time (less than an year)

    Pros

    Don't work here. There are none.

    Cons

    It's not worth your time and money.

    Advice to ManagementAdvice

    Pay your advisers to come to work.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 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 (less than an 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
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  5. 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
  6. 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 (less than an 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
  7. 3 people found this helpful  

    Financial Advisor

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

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

    Pros

    Wide variety of resources since the company is international . Company provides decent sales training if you are new to sales. You will virtually be just a salesman who calls themselves a "Financial Advisor" and you don't even have to have any type of financial background to be a financial advisor which is totally ridiculously sad but true

    Cons

    Company will tell you whatever they think you want to hear to get you in the door. They will tell you that you will earn 100k + if you just work hard which only 2% of advisors really make annually . Most advisors make around 20k their first year and you will be fired if you don't meet certain quotas. It's a revolving door company policy and after most employees really see what the company is about they leave. There is over a 60% turnover rate annually so you can do the math

    Advice to ManagementAdvice

    TELL THE TRUTH !! Applicants deserve that at the minimum! Don't just try to get individuals in the door!

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Felt mislead and strung along during the onboarding process. Very poor choice for recent college grads.

    • 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

    Really none to speak of.

    Cons

    Dishonest, always additing caveats. Invested over $1,000 of my own money to get licenses only to find out that the reimbursement date was contingent upon further sales, not passing the tests.

  9. 4 people found this helpful  

    Don't start your career here!

    Current Employee - Financial Advisor Trainee in New York, NY
    Current Employee - Financial Advisor Trainee in New York, NY

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

    Pros

    Sponsorship for Series 7, Series 66 and Life, Accident and Health exams.

    Cons

    Dishonest management
    Unknown fees- $400 to rent a desk every month + other fees like using AXA's website which they won't tell you in the hiring process
    incompetent HR-took over 6 weeks for one HR person to process my information so I could take my Series 7
    Little to know training-In less you consider tactics of harassing people on the phone training
    You can't make a long distance call or print a piece of paper without AXA charging you
    If you sell brokerage you have to pay ALL of your own transaction fees
    Get ready to fork over 50% of your commissions to your supervisor when you're starting
    NO SALARY starting out-naturally when you're starting you'll need to pass your exams and build your book so don't count on AXA to get you through those first couple of months. Just so you know the average for starting brokers is anywhere from 300-1000 salary while training.
    They'll take anyone with a pulse off the street and hire them
    They're so desperate they reach out to people that have quit and try to get them back (I've probably received about 10+ phone calls from recruiters since I stopped working there).
    Also...before you start working there just google "AXA Advsors" you'll probably hear more of the same, but check out how many law suite they've been involved in.

    Advice to ManagementAdvice

    None, this company is hopeless.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Avoid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Consultant
    Current Employee - Financial Consultant

    I have been working at AXA Advisors

    Pros

    -could make a lot of money

    Cons

    -so many better jobs out there
    -will hire anybody
    -a lot of out of pocket costs
    -high stress environment

    Advice to ManagementAdvice

    -be upfront about commissions- It took months to figure out how I even got paid

    Doesn't Recommend
    No opinion of CEO
  11. 1 person found this helpful  

    Watch out!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at AXA Advisors

    Pros

    Like others have said, it is a good place to get licensed I suppose. It is a one sided sales approach, lots of insurance. old, stable company that is helpful in the tumultuous times.

    Cons

    When I left, they are trying to collect on almost $20,000 of commissions I earned because I did not stay through the life of the insurance product.
    Do NOT, I repeat Do NOT take advance commissions, which is industry standard. I can not imagine that people have to write checks to leave other firms.
    Policies are clear as mud.

    Advice to ManagementAdvice

    Even my manager did not understand the comp plan, and we did not have a BOM to help clearify the plan.

    Doesn't Recommend
    No opinion of CEO

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