AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
There are newer employer reviews for AXA Advisors

4 people found this helpful  

Good learning experience, wouldn't recommend

  • 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 3 years)

Pros

Lots of resources, strong insurance brands, LPL Financial Brokerage Platform

Cons

Commission Only, Extremely high cost to operate your practice (at least 20-30k per year), Nickel and dimed for supbar technology and marketing material. No formal training program with a focus on small account production. Compensation & Benefits are too tied to your insurance production. They claim independent open-architecture but the only products they really want you to sell is AXA Equitable Life Insurance and Annuities.

Advice to ManagementAdvice

It's not AXA Equitable, it's AXA Advisors. Insurance is not the end all be all for financial planning. Invest in your producers with a base salary and stop charging them for everything. Also, train your producers to build a pipeline of prospects with minimum asset levels. They spend far too much time servicing non profitable clients with under 100k in assets and don't have the platform to support HNW clients. They can't live and die by VUL and VA's because post financial crisis clients expect a lot of liquidity and are very fee conscious.

Doesn't Recommend
Negative Outlook
Approves of CEO

336 Other Employee Reviews for AXA Advisors (View Most Recent)

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  1. 1 person found this helpful  

    Awesome company

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

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

    Pros

    Open architecture, great colleagues, emphasis on teamwork, solid products

    Cons

    Not for unambitious or unmotivated people, must be a self starter

    Advice to ManagementAdvice

    Better coffee

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    It was an ok experience

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

    I worked at AXA Advisors

    Pros

    Get to know people in insurance industry

    Cons

    Too much work for intern

There are newer employer reviews for AXA Advisors

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