AXA Advisors

  www.axa-equitable.com
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AXA Advisors Reviews

Updated Jul 17, 2014

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All Employees Current Employees Only

3.0 269 reviews

76% Approve of the CEO

AXA Advisors Chairman and CEO Henri de Castries

Henri de Castries

(72 ratings)

41% of employees recommend this company to a friend

Review Highlights

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

  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money)(in 7 reviews)


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

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

269 Employee Reviews
in

    2 people found this helpful  

    RBG may seem like a good niche but doesn't compensate enough

    Financial Advisor (Current Employee)

    ProsBesides management, almost everyone else is new so people are very friendly with one another. Even if new to the financial field, you learn a bit about it.

    ConsIt takes a while to do any real business. They want you to first start off with family and friends. It may seem that's part of their strategy because they help you sign them up, and get a % of the commisssion, but won't help you to acquire any new business.

    No, I would not recommend this company to a friend

    1 person found this helpful  

    Summer Internship

    Anonymous Employee (Former Employee)

    ProsFellow Interns were cool but that is pretty much it.

    ConsToo 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.

    1 person found this helpful  

    Not much you can learn

    Anonymous Employee (Former Employee)

    ProsIt is a famous company, and so has name value to put on resume. Also, it is in a reasonably nice location.

    ConsHard to learn anything since all you do is face the computer to do your assignment. Supervisor is hardly there for you to communicate.

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    They will make you lie

    Financial Advisor (Former Employee) Bellevue, WA

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

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Finance Intern

    Anonymous Employee (Former Employee)

    ProsInternship was a valuable learning experience. Largely highly legit tasks and no getting coffee. Great resume booster.

    ConsUnpaid, responsibilities didn't vary greatly so after a while, not much left to learn.

    Advice to Senior ManagementTop talent often requires compensation as many students will not work for free.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Fraudulent and Unethical

    Financial Consultant - Sales Force Associate (Former Employee) Phoenix, AZ

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

    ConsIn 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 Senior ManagementPlease go out of business.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Hard work but worth it.

    Financial Advisor (Current Employee) Buffalo, NY

    ProsGreat team atmosphere with co-workers who become friends. Ability to make great money, challenging and engaging career. It gets easier and easier over time as you build up your clients. Great training too.

    ConsYou must be self motivated, you will be guided and helped with what to do but you need to go out and do it yourself. Getting started can take a lot of time and effort to build up your business but once you do it will be rewarded.

    Advice to Senior ManagementKeep up the training schedule, set up more times for senior advisors to talk to new ones and give them advice from when they were new.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

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

    Anonymous Employee (Current Employee)

    ProsAutonomy to create your own schedule etc...

    ConsSomewhat 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 Senior ManagementBe Honest

    No, I would not recommend this company to a friend

    • Career Opportunities

     

    Intern

    Intern (Former Employee) New York, NY

    Proswork was easy, i had only one supervisor

    ConsI came in the afternoon, so didn't really interact with many people. and it was an unpaid internship

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    3 people found this helpful  

    Financial Advisor Program

    Financial Advisor (Former Employee) New York, NY

    ProsSponsorship for the series 7

    ConsYou 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 Senior ManagementManagers 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.

    No, I would not recommend this company to a friend

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