AXA Advisors

  www.axa-equitable.com
  www.axa-equitable.com

AXA Advisors Reviews

Updated December 18, 2014
Updated December 18, 2014
320 Reviews
3.3
320 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
88 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)

  • 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)

  • I would suggest buying a book of business, starting from scratch can be daunting (in 6 reviews)

More Highlights

167 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Just an ok experience thus far.

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

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

    Pros

    There are some pro's to working with AXA. I would say a major pro for me is being able to offer all services as a financial advisor. They lean a little more towards insurance products but thats natural for a company like AXA that specializes in Life Insurance and Annuity products. Decent and competitive Life Insurance products, good annuities for the right situation.

    Cons

    Despite AXA having a good Life Insurance product lineup their underwriting department is absolutely horrendous. I have never dealt with such a disorganized and unprofessional department in all my life. Compensation with the all commission route is really not that competitive and great. When you compare what they pay you vs what an independent advisor gets paid ..it really doesn't fit the bill for your tiny cubicle and what not. Middle management can be greedy, have conflicts of interest on what you sell and some of them are totally inexperienced and dont know what they are are talking about half the time, really just depends on your luck.

    Advice to ManagementAdvice

    Stop with the constant negative reinforcement to your FP's and FC's when they have a down period and are struggling with numbers. Really just takes the wind out of a lot of people's sails. Stop district managers from micromanaging and calling employees during off business time. Own mistakes when they are made rather than deflecting. Fix problems with the underwriting department immediately.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    Great training for new financial advisors but it is a very hard job

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

    I have been working at AXA Advisors full-time (more than 5 years)

    Pros

    Training is very good and ongoing

    Cons

    Need to provide more leads for new reps and pair them up with seasoned producers. Do not take this job unless you have 5-8 years where you can stomach 3-4 nights a week and 50-70 hours weeks. Your average the first few years could be 30-50k and you will need to have money in the bank to get thru tough months. If you make it this is one of the greatest jobs you can have - but only 10% make it.

    Advice to ManagementAdvice

    Be honest in the interview process.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Growth, development, rewards.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    Pros

    AXA Advisors is the place for you if you care for things like autonomy, mastery and purpose. I love being able to set my own calendar and focus on brave goals with the great help of our manager. Success comes inevitably if you learn to follow your calendar and keep performing your best every single day. A great place to play an Entrepreneur role in a world of financial services. This gives me an opportunity to be my own business owner and represent myself to the clients as my company. Which is a great advantage and another great trait in the financial world.

    Cons

    The Entrepreneurial part might be as good as it might be bad. For example you gotta pay rent for your own cube and/or assistant and stuff like that. Personally I do not mind that at all but putting it in 'Cons' is my gesture to all those who might not appreciate this fact as much as I do.

    Advice to ManagementAdvice

    “Try not to become a man of success. Rather become a man of value.”
    ― Albert Einstein
    My advice would be to stay supportive but keep reminding other reps their true duty as a Financial Advisor.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    perseverance

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

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

    Pros

    if you work hard you'll be rewarded for it. Unlike regular employment even you exceeded what was asked of you, you don't get much in return, but in AXA its WORK HARD AND GET REWARDED. lot of perks!

    Cons

    you need to pay for your business and everything it entails. if you don't have a sale that month it means no compensation too. So this job is for the tough ones

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Financial Advisor

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

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

    Pros

    Work/Life balance is great.
    Make your own schedule.
    Flexible hours
    Mangers are there if you need to talk.
    Working with experienced Advisors is easy

    Cons

    Have to pay for your own work area. (~$800/month)
    Products are pushed
    Home office is lacking service help

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Not a very helpful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional Trainee in Pittsburgh, PA
    Current Employee - Financial Professional Trainee in Pittsburgh, PA

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

    Pros

    The interview process was easy and the Vice President who interviewed was extremely nice.

    Cons

    There is poor structure and you are just left to do what ever you want. There does not seem to anyone keeping track of what you do, this is frustrating.

  8.  

    Tons of calling, 60+ hours per week necessary for new advisors

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

    I have been working at AXA Advisors full-time (more than 5 years)

    Pros

    Unlimited earning potential, flexible schedule (get what you put in), growing need for the industry, "be your own boss"

    Cons

    Very long hours needed to succeed, hundreds of cold calls per week to get going in the position, no one is interested in what you do for a living, career carries a bad reputation

    Advice to ManagementAdvice

    Stop pushing new reps to sell friends and family first. No one benefits in the long run unless that advisor stays in the industry

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Greenville, SC
    Current Employee - Intern in Greenville, SC

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

    Pros

    -Flexible schedule
    -Diverse culture/backgrounds
    -Friendly office environment

    Cons

    -Unpaid position
    -Cold calling to recruit other advisors
    -Little Interaction with employees aside from other interns
    -No training

    Advice to ManagementAdvice

    Get your interns involved

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Analyst

    • 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

    Good Benefits. Okay Salary. Good at hiring from within

    Cons

    not much growth opportunity within the company

  11.  

    Worth it if you can hack it ...

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors

    Pros

    Like any great company AXA has some challenges, but overall it's a great place to work. Excellent training. Great support from my district manager and a good office culture.

    Cons

    It's very challenging to stay motivated getting having to hear the word "no" more often than yes.

    Advice to ManagementAdvice

    Don't let any weak people through the doors ... it doesn't help when I want to be around others who really want success.

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