AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated October 15, 2017
221 reviews

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

221 Employee Reviews

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Pros
  • You can make a lot of money doing very good work by working for AXA (in 18 reviews)

  • entrepreneurial, if you want to make a lot you can (in 18 reviews)

Cons
  • No base salary until you make 15 applications and/or 3,000 PCs (production credits) (in 22 reviews)

  • Long hours with a lot of sales training (in 40 reviews)

More Pros and Cons

  1. "Wealth Management Intern"

    StarStarStarStarStar
    • Culture & Values
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at AXA Advisors part-time

    Pros

    Great group of people, very nice, learn important industry skills

    Cons

    Unpaid internship, no consistent work

    Advice to Management

    Not sure


  2. "Investment Management Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at AXA Advisors as an intern

    Pros

    Good internship if you want to go into wealth management.

    Cons

    Not an organized internship, but you can learn a lot if you actively participate.

  3. "working with Elisha Weiss at AXA Advisors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Consultant Assistant in New York, NY
    Former Intern - Financial Consultant Assistant in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at AXA Advisors as an intern

    Pros

    -People are chill
    -Good opportunities to sit in on client meetings

    Cons

    -bulk of the time was spent on client profiling and not much analytical work


  4. "Not the worst & not the best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Multiple locations and decent marketing

    Cons

    Same as other insurance companies in that they want you to sign up all your friends & family for life policies


  5. "Okay company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors full-time

    Pros

    Create own schedule. High earning potential.

    Cons

    Behind the times in helping new associates prospect.

    Advice to Management

    Help younger advisors make it by opening books of older advisors to them. Stop with the ridiculous fees advisors have to pay, get some skin in the game.


  6. Helpful (2)

    "Focus is on sale of commission based products"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Phoenix, AZ
    Former Employee - Financial Advisor in Phoenix, AZ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at AXA Advisors full-time (More than 3 years)

    Pros

    Initial training product training is good. Branch operations/compliance support is great.

    Cons

    Compensation structure for new financial advisors remains weighted toward commission based products. To be successful and keep your contract you'll need to sell a lot of cash value life insurance and variable annuities. This may not be in the clients' best interest, and new advisors will be hard pressed to navigate this conflict or interest with the focus of doing what's best for the client. Additionally, and perhaps reflecting the AXA's priorities, in response to the DOL ruling, for retirement accounts the only approved variable annuity with income benefits is AXA's own proprietary product. This seems contradictory to the intent of the DOL ruling as other carriers such as Lincoln and Prudential also have similar products.

    Advice to Management

    Other firms have modified their compensation structure to place greater emphasis on new assets regardless of whether invested in advisory accounts or commission based products. AXA seems committed to serving their clients only at the suitability level. If that is is your intent then make it transparent to the client.


  7. "Branch Digital Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors full-time

    Pros

    -Clientele provided for you
    -Base salary + commission

    Cons

    -Gonna be calling people all day
    -Long hours

  8. "Interesting Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at AXA Advisors part-time

    Pros

    Very relaxed environment among colleagues.

    Cons

    Puts you on pre-contract, where you have to reach a certain quota before hiring you. After which, you must continuously meet more quotas


  9. "Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Analyst in New York, NY
    Current Intern - Summer Analyst in New York, NY

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

    Pros

    - Flexible Hours
    - Exposure to Senior Employees

    Cons

    - Poor culture
    - Poor exit opportunities


  10. "Not for the faint."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    I loved the job.

    Cons

    I never made $$. Getting prospects was easy, setting meetings was easy too. Learning how to take a prospect from beginning to end took 5 mos. Passing the series 7 proved impossible for me, i wish i had just taken a class.


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