AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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Helpful (2)

AXA is ok

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Financial Advisor in Falls Church, VA
Former Employee - Financial Advisor in Falls Church, VA

I worked at AXA Advisors full-time (More than 10 years)

Pros

Breadth of products; LPL; global presence

Cons

Little name recognition, unstructured training;

Other Employee Reviews for AXA Advisors

  1. Tough to make it

    Former Employee - Intern
    Former Employee - Intern

    I worked at AXA Advisors part-time (Less than a year)

    Pros

    -Entreprunial -Earning potential -Flexible -Good money if you can sell, but they want you to sell to friends and family. Once you run out of them, alot of people can fail

    Cons

    -Start up cost -Turn over rate -Chop Shop -Hard work


  2. Helpful (4)

    Good learning experience, wouldn't recommend

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant
    Current Employee - Financial Consultant
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    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 Management

    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.


There are newer employer reviews for AXA Advisors
There are newer employer reviews for AXA Advisors

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