AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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AXA Advisors Reviews

Updated April 30, 2015
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3.1
378 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
108 Ratings

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 Pros and Cons

Employee Reviews

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  1. Working with clients to help them achieve their financial goals

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors full-time

    Pros

    It's rewarding to know that I am helping others achieve financial stability.

    Cons

    The hours can be draining.

  2. Financial Professional RBG

    • 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Time Flexibility
    Great training
    Awesome management
    Never ending resources for continued education

    Cons

    Poor starting salary
    Push proprietary products
    People before you ruined brand

    Advice to Management

    Get more incentives rather than staying four years to make

  3. Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Arlington, VA
    Current Employee - Financial Analyst in Arlington, VA

    I have been working at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    They have pretty good pay.

    Cons

    The hours are longer than what I have expected

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


  5. Financial Advisory

    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Learn more about the insurance industry, products they offer and the trend in insurance industry

    Cons

    Limited access to other departments

  6. Hard Job

    • 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

    You are able to use their market

    Cons

    No assistance, need to be self taught

  7. Advisor

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexability in making your own hours.

    Cons

    Building a business, takes time and money.

  8. financial advisor

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

    I worked at AXA Advisors

    Doesn't Recommend
    Doesn't Recommend

    Pros

    control of your own schedule

    Cons

    volume based approach to selling insurance products

  9. Helpful (3)

    Financial Representative (RBG)

    • 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
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    A really good set-up to build a client base and obtain large numbers of clients quickly.

    Cons

    Very salesy. Obtained low new-worth clients that were very un-educated and difficult to deal with.

    Advice to Management

    Tell prospective employees about ALL requirements and fees they will be charged.

  10. Helpful (1)

    Advisor

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

    I worked at AXA Advisors full-time (More than 3 years)

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

    Pros

    A sales job with decent earning potential. Access to full brokerage outside of insurance/annuities. Reasonable sales goals.

    Cons

    Passes on (forcefully in some cases) literally every cost you can imagine to the advisor. Completely opaque compensation structure that is extremely time consuming to track to see if the company is stealing from you after passing on every cost. Useless middlemen/whole saler types in a company filled with middlemen.

    Worst of all, as a Life Insurance Company, the only universally loathed department within the company is AXA's very own underwriting/national operations life insurance processing unit.

    The company itself may profit from some of the "tools" it "provides" (charged to the advisor)

    Advice to Management

    Take all that money you are wasting to hire cronies, hacks, and the worst kind of middle manager and hire more underwriters and staff that have more than just a pulse and alleviate some of the cost burdens to the advisors.

    The lack of any formal HR of any kind and organizational controls (protecting the advisors) may haunt you in the form of a class action law suit for breach of labor laws.

  11. Tough start up

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    You have to get your series 7, 66, and life/health license
    They reimburse you for the tests after 6 months
    Potential to make a lot of money
    They offer strong financial platforms
    Office atmosphere is great

    Cons

    You have to front all the money for your certifications
    It's either 100% commission or salary/half commission
    Expenses are high (they pay for nothing!)
    Management is terrible and so is training. Their training just consists of pitching life insurance to your clients. its the same thing over and over
    Everyone just cares about themselves/lots of competition
    If you can't produce a lot then don't take this job. You will have more in deductions in your check each month then you will be making
    Most importantly you have to validate to keep your job! if you aren't producing enough then you could lose your job

    Advice to Management

    Fix the training program. Training should cover things that people in there first couple years need help on like different yellow pad techniques, how to properly fill out paperwork, especially transfer paperwork for other companies. Not focusing on Pension Max or advanced things with life insurance.

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