AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated April 30, 2017
83 reviews

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Current Employees

3.0
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
15 Ratings

83 Employee Reviews

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Pros
  • It is true that you can make a lot of money right out of the gates (in 17 reviews)

  • Ability to make A LOT of money (paid for what you do) (in 16 reviews)

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

  • This of course is after you have recruited your friends and family to the company (in 21 reviews)

More Pros and Cons

  1. Helpful (2)

    "Sales job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Representative in Los Angeles, CA
    Current Employee - Registered Representative in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at AXA Advisors full-time

    Pros

    The employees are all great, the senior employees are very helpful, and the hours are very flexible. Also the company events are cool

    Cons

    It's a sales culture because most of your salary is based on commission which incentivizes you to sell products and service


  2. Helpful (1)

    "Financial Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Los Angeles, CA
    Current Employee - Financial Advisor in Los Angeles, CA

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

    Pros

    flexibility and unlimited income potential

    Cons

    low income in year 1-3, little practical support, poor culture


  3. "Great Place to Work, Not for Everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional in San Antonio, TX
    Current Employee - Financial Professional in San Antonio, TX
    Doesn't Recommend

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

    Pros

    Completely self sustained, make your own schedule and hours, get out of it what you put into it.

    Cons

    No structure, not a lot of help from management. No formal training process. A lot of testing to start the job, very expensive and the company only reimburses you for it months later.


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  5. Helpful (1)

    "Know What You're Getting Into"

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

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

    Pros

    -extremely driven coworkers
    -very focused culture
    -excellent location
    -flexibility once you are established

    Cons

    -insane hours starting out
    -100% commission and no benefits starting out
    -you can expect no pay for the 1st 3 months
    -deceptive about workload during interview process

    Advice to Management

    Layout exactly what the job entails during the interview process and make sure prospective candidates understand what they are getting themselves into.


  6. "Very tough work. High Payout is possible if you follow the plan."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Fort Lauderdale, FL
    Current Employee - Financial Advisor in Fort Lauderdale, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fantastic experience, great company, no cap to your earnings. Reputation and open architecture are a big plus. Sales training is great. Gives great leads.

    Cons

    Charge you to work there, basically life insurance salesmen, no salary, very very very tough to start out as they don't give you leads to start with.

    Advice to Management

    Even a small salary and no nickel and dining employees would go a long way.


  7. "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in New York, NY
    Current Employee - Financial Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    You can make a crazy amount of money your first year.
    If you are a social person good on phones it is a fun job.
    The higher management team is very helpful and supportive.

    Cons

    Chances are you will not make a crazy amount of money your first year.
    The first 6 months are pre employment PEP and you will only get paid 1000 dollars after tax then it is all Commission.
    Cold calling to people who do not want your service.
    You are a financial advisors, but pretty much only can make a decent living pitching Life Insurance at a large rate and finding money to roll into IRAs.

    Advice to Management

    The management tries to do as much as they can. It is a tough business with leads that you, yourself generate.


  8. "Financial advisor"

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

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

    Pros

    Be your own boss. Work when you want. Unlimited earning potential. Noone is going to bother you about deadlines or being punctual. They have a strong and helpful team of advisors willing to help you conduct meetings with clients.

    Cons

    The training is weak. They make you go through an online training course which would take weeks to go through, but they recommend you get through them as fast as possible to start working.
    It is up to you to bring in your own clients. You have to be comfortable asking your warm market to set up meetings as well as cold calling people for business. Only salary for the first month, after that it's all commission.

    Advice to Management

    Instead of doing an online training course, devote more time to role playing methods of attracting business.


  9. "Financial Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retirement Benefits Representative in San Diego, CA
    Current Employee - Retirement Benefits Representative in San Diego, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at AXA Advisors (Less than a year)

    Pros

    Great products and great people to work with.

    Cons

    No base salary until you make 15 applications and/or 3,000 PCs (production credits). In the mean time is hard without income to pursue business. Upfront cost to get Licenses and they reimburse around 2/3 of the cost. No pay while studying for licenses. You have 6 months to make the aforementioned quotes in order to contract and the availability of benefits.

    Advice to Management

    Company should have a base salary from the beginning to facilitate advisors to seek business.


  10. Helpful (2)

    "Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in New York, NY
    Current Employee - Financial Advisor in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at AXA Advisors (Less than a year)

    Pros

    You have the ability to make your own schedule. No ceiling to the amount of money you can make. Flexibility

    Cons

    Get paid in only commission. Must work very hard to start your own book of business. Do not receive much help from upper management to do so.

    Advice to Management

    For first year advisors there should be a weekly salary to allow for young advisors to make some sort of paycheck while they just start out. Hard to live off of no paycheck a week.


  11. "Financial Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in San Diego, CA
    Current Employee - Financial Advisor in San Diego, CA
    Recommends
    Neutral Outlook

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

    Pros

    Networking, training, mentorship, variable of product

    Cons

    axa name is not known in America, definelty a job where you need to rely on savings to start off, no real direction other than go out there and meet people


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