Does Equitable Advisors offer tuition reimbursement?

They allow for tuition reimbursement

I graduated in 2021 and worked here for about a year. I got licensed and learned quickly this job was an absolute joke. They don't you until pass your Series 7 so you have to earn commission. They don't give you a salary until you pass your Series 66, which is only $24k and then cut your commission in half. Literally tying one hand behind your back. I left this company to find a real company in financial planning, Not this pyramid scheme joke

Very chill office environment, can really do whatever you want.

You’re there to make senior advisors rich. They don’t pay anything up front for a reason.

They pay for your license exams

Do you want to sell life insurance to your friends and family and awkwardly walk through public school hallways to sell 403(b)’s to teachers? Well if you do, this is the place to do it. If not, you align with the rest of the most helpful reviews on this forum that truly highlight the nature of this company. The other high rated bogus ratings on here inflate the 3.9 star review. Read below if you want to know more: Equitable pitched the job on my LinkedIn page as an advisory role where you would build a book of business and be provided leads to help your clients receive the attention needed to secure their financial goals and futures. The people who do end up making money in most cases do so selling to people they trust: family and friends - a common practice in the industry. Oh and also, the commissions you make from selling to your “warm” market you will have to split with your branch’s regional vice president. This role is pitched to have a good work-life balance but in reality you’re going to have to put in 80-90 hour weeks if you want to make something out of this…which in most cases in is getting a base salary 24K with some commission or full commission model. The tech support is horrendous – the Windows 365 which leads to a privately secured Equitable portal is slow and outdated. You won’t receive a company laptop until you generate $3000 worth of product sales in order to move from what they call a “pre-contract” onto a full contract. The list goes on. I attended a company lunch to get a sense of things before I started actually going to the office and all the managers admitted to the things listed above. Save yourself time, get the licenses if you already started doing so (Life health annuities, SIE, S7, S63/66) and then leave.

They pay for your financial licenses

Once you get your licenses you have to bring a few clients over in order to get your permanent contract. You have 2 options: go full commission or go half commission + $24k a year base salary. They will train you on how to sell proprietary products, not financial advising. They will push you to bring over family and friends, and sell them this products (that will lock your family's money for 6 years). Once you run out of family they will make you cold call, at least 300 dials a week. They believe in the culture of showing up really early and leaving really late. You will work at least 10 hours a day and they will make you go to the office on Saturdays. Your job is pushing high fee annuities and life insurance. When you leave they keep all your clients and will sue you if you reach out to them. The predatory strategy is to hire kids from wealthy families, get their family's money and then make the kid cold call until he decides to leave due to the burn out. THERE ARE BETTER WAYS TO START IN THIS INDUSTRY, DON'T GO THERE

They pay for your FINRA licensing I believe.

Mostly sales in the form of annuities

Sponsorship with reimbursement if you stay with them

Reimbursement only if you sign contract after passing exams

They pay for your license exams

Do you want to sell life insurance to your friends and family and awkwardly walk through public school hallways to sell 403(b)’s to teachers? Well if you do, this is the place to do it. If not, you align with the rest of the most helpful reviews on this forum that truly highlight the nature of this company. The other high rated bogus ratings on here inflate the 3.9 star review. Read below if you want to know more: Equitable pitched the job on my LinkedIn page as an advisory role where you would build a book of business and be provided leads to help your clients receive the attention needed to secure their financial goals and futures. The people who do end up making money in most cases do so selling to people they trust: family and friends - a common practice in the industry. Oh and also, the commissions you make from selling to your “warm” market you will have to split with your branch’s regional vice president. This role is pitched to have a good work-life balance but in reality you’re going to have to put in 80-90 hour weeks if you want to make something out of this…which in most cases in is getting a base salary 24K with some commission or full commission model. The tech support is horrendous – the Windows 365 which leads to a privately secured Equitable portal is slow and outdated. You won’t receive a company laptop until you generate $3000 worth of product sales in order to move from what they call a “pre-contract” onto a full contract. The list goes on. I attended a company lunch to get a sense of things before I started actually going to the office and all the managers admitted to the things listed above. Save yourself time, get the licenses if you already started doing so (Life health annuities, SIE, S7, S63/66) and then leave.

Sponsorship with reimbursement if you stay with them

Reimbursement only if you sign contract after passing exams