AXA Advisors
3.0 of 5 266 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees

266 Employee Reviews (View Most Recent)

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1 person found this helpful  

Not great for Newbies

Financial Advisor (Former Employee)
Fort Lauderdale, FL

ProsFlexible hours - except be ready to work evenings (to meet clients and for training) which can lead to working 12 hours or more a day.

ConsThe start up cost is too high. They promise to pay your licensing fees, but you have to chase people to refund anything. They concentrate on variable products, when they should also concentrate on fixed products as well. They want you to sell their products and not other vendors - because if you do you are paid less commission -underlying product driven scheme. This company is for someone who has been in the industry and has a full client list already - but be warn. Once you leave, you do not take those clients back 'cause they make you sign a contract and you cannot even call them for over one year.

Advice to Senior ManagementBe upfront about all the expenses (they are at least $700 a month ) also, allow newbies to sell more products instead of their own. This will definately cut down attrition - but at the end they just want your family and friends business.

No, I would not recommend this company to a friend

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    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
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    • Disapproves of CEO

     

    Good Ole Boys Network

    Anonymous Employee (Current Employee)
    Los Angeles, CA

    I have been working at AXA Advisors


    Pros: Little oversight, freedom to control hours. Cons: No help, all sales talk, poor management, wasteful meetings. Advice to Senior Management: Learn how to give new associates qualified leads, or at least help them with admin/ marketing.… No, I would not recommend this company to a friend More
    • Work/Life Balance
           
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    2 people found this helpful  

    If this would be your first job in financial services -RUN, and don't look back

    Financial Consultant (Current Employee)
    Edison, NJ

    I have been working at AXA Advisors


    Pros: flexible schedule, ability to choose your joint work partner and… Cons: Everyone lies to you, about everything. Start-up costs are never completely disclosed, same goes for on-going expenses (about $450 per month, not including health insurance… Advice to Senior Management: pay a true base salary, have SOME sort of structured training program;… No, I would not recommend this company to a friend More
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