AXA Advisors Financial Advisor Reviews | Glassdoor

AXA Advisors Financial Advisor Reviews

Updated August 5, 2017
169 reviews

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Financial Advisor

3.8
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
67 Ratings

Employee Reviews

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Pros
  • You can make a lot of money doing very good work by working for AXA (in 19 reviews)

  • Ability to make A LOT of money (paid for what you do) (in 18 reviews)

Cons
  • Lying to clients, friends and family that trusts you (in 22 reviews)

  • No base salary until you make 15 applications and/or 3,000 PCs (production credits) (in 21 reviews)

More Pros and Cons

  1. Helpful (1)

    "A Successful Group of Advisors and Managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Buffalo, NY
    Current Employee - Financial Advisor in Buffalo, NY
    Recommends
    Positive Outlook

    I have been working at AXA Advisors full-time (More than 10 years)

    Pros

    Very caring organization
    career longevity if you put the work in
    some of the top annuity and life products in the marketplace
    mentoring from day 1
    phenominal training
    great culture

    Cons

    A lot of hours upfront
    A lot to learn
    If you're not driven and motivated, you will fail

    Advice to Management

    Spend as much time with your advisors as possible, it does help!
    Keep teaching the right way!
    Great culture to work in


  2. Helpful (4)

    "Financial Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Buffalo, NY
    Current Employee - Financial Advisor in Buffalo, NY
    Recommends
    Positive Outlook

    I have been working at AXA Advisors full-time (More than 3 years)

    Pros

    Great opportunity, effective training, senior advisors are always available to help

    Cons

    Hard work but it pays off

    Advice to Management

    Keep doing what you are doing

  3. "Work for yourself, but tough business"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Irvine, CA
    Current Employee - Financial Advisor in Irvine, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at AXA Advisors full-time (More than 5 years)

    Pros

    Great Flexibility to choose how you run your business and who to want to work with.
    Great Autonomy
    Great potential compensation
    Control over your schedule and your business

    Cons

    Training is limited to life insurance products only, you have to find other ways to learn investments and other insurances. Quality of training is dependent on your branch/location. Corporate support and technology is pretty poor. Difficult business, most people don't make it.

    Advice to Management

    Broaden training areas and fix the NOC and Tech


  4. "Promising opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Financial Advisor in Woodbury, NY
    Current Contractor - Financial Advisor in Woodbury, NY
    Recommends
    Neutral Outlook

    I have been working at AXA Advisors as a contractor (More than a year)

    Pros

    Providing financial advice to clients is very rewarding work. The ability to make your own schedule is a great bonus and the commission scale is very generous. You can make a lot of money doing very good work by working for AXA.

    Cons

    It is difficult to get started and you will have to work basically 18-20 hours per day for at least a couple of years to build your practice. It is ideal for someone who is young with no family and very little monthly overhead. Conversely it is difficult if you have to take care of kids and worry about paying bills unless you have enough savings to cover two years of bills and someone to take care of your kids. You will basically have to ignore everything else in your life and concentrate only on your practice in order to be successful. There are some rules within the company that limit what clients you can work with that can be very limiting considering that some groups "own" certain client markets and you are not allowed to work in those markets even though the group that "own" the clients are not maximizing the opportunities to work with those clients.

    Advice to Management

    Management should be more willing to re-evaluate any groups "ownership" of clients. If there is an opportunity to do business that a group is not pursuing, they should not be able to limit any individuals access to the clients or ability to prospect those clients.


  5. Helpful (6)

    "Experience as an AXA Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Erie, PA
    Former Employee - Financial Advisor in Erie, PA
    Recommends
    Approves of CEO

    I worked at AXA Advisors full-time (More than a year)

    Pros

    Incredible amount of support and trainings from management to make a difficult career as simple as possible when first starting out. Plenty of opportunities to make as much income as you want and management gives you all the tools necessary to be successful. There's a great office dynamic and your hard work never goes unnoticed.

    Cons

    At the beginning of your career you need to work many nights to build your book of business and you'll have to deal with a lot of failure initially. This is not a typical 9-5 job, however, sticking with it can be extremely rewarding.


  6. Helpful (5)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Erie, PA
    Current Employee - Financial Advisor in Erie, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AXA Advisors full-time (More than 3 years)

    Pros

    It is definitely a difficult career, however, I have worked at multiple firms and AXA truly gives you the best possible chance to succeed. They offer a tremendous amount of support and the training is far superior to any other firm I've seen. It's a tough career to get started in, and it does take true hard work. But if you make it, the lifestyle is second to none.

    Cons

    LIke I said above, it is difficult in the first few years (as is any type of start-up business). You have to be willing to put in the hard work and their will certainly be missed cases/cancelled meetings, etc. It's not a job you can do the minimum and succeed.

    Advice to Management

    Keep doing what you are doing. The culture is awesome at the office. Couldn't think of a better place to work or with a better group of people.


  7. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Dallas, TX
    Former Employee - Financial Advisor in Dallas, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at AXA Advisors full-time (More than a year)

    Pros

    There is definitely good career growth potential if new employees are trained properly. Great line of work for well connected , self motivated, and self starters

    Cons

    The company needs to spend more time training new employees. Management should focus more on growing employees and focus less on bringing clients in by any means necessary.

    Advice to Management

    Spend more time training new employees

  8. Helpful (3)

    "Great career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Rochester, NY
    Current Employee - Financial Advisor in Rochester, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AXA Advisors (More than 8 years)

    Pros

    1. In depth training
    2. When starting out, managers assist in running meetings
    3. Ability to have a great career

    Cons

    1. Without hard work it will take time to be successful


  9. "liers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Beverly Hills, CA
    Current Employee - Financial Advisor in Beverly Hills, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at AXA Advisors full-time (More than a year)

    Pros

    nothing good! management is in 0 level!

    Cons

    lying, lying ,lying.Never trust this company.

    Advice to Management

    Hiring is not important, more important train and support your workers. You only thinking about your pocket,nothing else.


  10. Helpful (1)

    "Running a successful practice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Syracuse, NY
    Current Employee - Financial Advisor in Syracuse, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AXA Advisors full-time (More than 5 years)

    Pros

    AXA's huge resources to pull from...even in the most complex planning situations
    Open planning architecture for best needs based approach when working with clients (Clear through LPL)
    High compensation
    Outstanding work environment & culture
    very structured training in all areas of financial planning..very hands on
    opportunity for a salary in first few years
    incentive trips, dinners, suits...ect

    Cons

    Long hours the first few years