Financial Consultant applicants have rated the interview process at Equitable Advisors with 2.4 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 50% positive. To compare, the company-average is 59.1% positive. This is according to Glassdoor user ratings.
Candidates applying for Financial Consultant roles take an average of 21 days to get hired, when considering 84 user submitted interviews for this role. To compare, the hiring process at Equitable Advisors overall takes an average of 20 days.
Common stages of the interview process at Equitable Advisors as a Financial Consultant according to 84 Glassdoor interviews include:
One on one interview: 28%
Phone interview: 21%
Background check: 16%
Presentation: 9%
Group panel interview: 8%
Drug test: 5%
Personality test: 5%
IQ intelligence test: 4%
Skills test: 3%
Other: 1%
Here are the most commonly searched roles for interview reports -
I applied through an employee referral. The process took 4 weeks. I interviewed at Equitable Advisors (Oak Brook, IL) in Apr 2009
Interview
I think I had two interviews. They took place over a two month period. There isn't much to plan for in regards to the interview. The process is really about them convincing you to get on board. They throw out a lot of baseless salary figures that attempt to get you drawn in. However, in the first 2 years these are unattainable. Ask for an average or a figure for the first two years and you will get "There's no limit or average, and that's the best part." That's the interviewer saying you will make right around $24,000 your first year of being on contract.
They talk about a salary that will help keep you afloat during the tough times at the beginning. They lightly mention that you have to attain 3,000 production credits or commission dollars and 15 contracts as I was in the RBG division. This is not a problem assuming you have friends and family in the teaching profession. For someone without a network, it can be quite difficult especially for someone moving from out of state to take this position.
They fail to mention that once the production threshold is attained you are at the discretion of your Manager to actually put you on contract. So depending on whether or not he met his new hire quota for the year he will "allow" you to go on contract. This will not be disclosed to you. Some have to wait a full six months to go on contract depending on when they passed their Series 7 Exam, even if your 3,000 PC 15 app requirement is met. For example, if you passed the series 7 in July and your manager has met his new hire quota, then he will want you to wait until January of the next year. Ask for a contract date in writing contigent on meeting your goal.
You do an introductory call, then an in-person meeting, and finally a business plan presentation. This take place over a couple weeks and as long as you are confident and somewhat professional and are up for what the role requires, you will get through the interview process.
The first interview was a prelim phone call with the talent recruiter and then a second call with the Regional Vice President. I was then notified by email that I would not continue with the interview process
I applied through other source. The process took 4 weeks. I interviewed at Equitable Advisors (Philadelphia, PA) in Dec 2024
Interview
2 phone call interviews then an in-person in the office with 2-3 employees in management. The phone calls are more informative with a lot of time for you to ask questions.
Interview questions [1]
Question 1
What are the positives and negatives of becoming a financial advisor.