AXA Advisors

  www.axa-equitable.com
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272 Employee Reviews (View Most Recent)

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

4 people found this helpful  

Good learning experience, wouldn't recommend

Financial Consultant (Current Employee)

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

ConsCommission 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 Senior ManagementIt'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.

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

    • Career Opportunities
    • No Opinion of CEO

     

    Your average insurance company

    Intern (Former Employee) Los Angeles, CA

    I worked at AXA Advisors as an intern for less than a year


    Pros: Generally friendly people. There is no office politics because everyone is on their own. Like all insurance business… Cons: Office has poor ventilation. Low starting wage. If you don't… Advice to Senior Management: Renovate the office. It's not 1980s More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Chop shop

    Financial Professional (Former Employee)

    I worked at AXA Advisors full-time for less than a year


    Pros: Sponsorship for Series exams, entrepreneurship, time management. Cons: Pressure to solicit family and friends, poor guidance, salaried for only the first month then… Advice to Senior Management: Focus on providing more guidance for your employees to help get the ball rolling. Stop pressuring new hires to ask all their family and friends… No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
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