AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated July 16, 2017
125 reviews

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125 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. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at AXA Advisors full-time

    Pros

    You are a self employed and have the ability to make your own schedule. You can build your book of business the way you see fit.

    Cons

    Forced to sell proprietary products in order to get benefits. Frequently AXA investment vehicles are not competitive in the market place.

    Advice to Management

    You should work for the Advisors. After all that is how you get paid. Don't make them feel like all the work they are doing is going in your pocket book.


  2. "Axa Advisor"

    StarStarStarStarStar
    Former Contractor - Financial Advisor
    Former Contractor - Financial Advisor

    I worked at AXA Advisors as a contractor (Less than a year)

    Pros

    Can make as much money as you are willing to sell

    Cons

    Sales, all commision, no financial security

  3. "Investment intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Investments Intern in New York, NY
    Former Intern - Investments Intern in New York, NY
    Recommends
    Positive Outlook

    I worked at AXA Advisors as an intern (Less than a year)

    Pros

    You get a lot of experience as a financial advisor. If you're interested in the financial world than AXA is a good place to start.

    Cons

    The internship involves a lot of cold calling, that turns some people off.

    Advice to Management

    Increase the pay.


  4. "ok"

    StarStarStarStarStar
    Former Employee - Financial Advisor in Orlando, FL
    Former Employee - Financial Advisor in Orlando, FL

    I worked at AXA Advisors (More than a year)

    Pros

    flexible, unlimited earning, work your own way

    Cons

    hard, pure commission, need to take tests


  5. Helpful (3)

    "Financial Consultant"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Financial Consultant in Edison, NJ
    Former Employee - Financial Consultant in Edison, NJ
    Doesn't Recommend

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

    Pros

    Very flexible schedule, solid product teaching.

    Cons

    Total commission based role. Job was "pitched" more than it was explained. Very very much a DIY seller role. Little-to-no practice support, paperwork support, practice development training. Was pitched a "team advisor" type role by the Branch Manager, to find out afterward his definition of team was that everyone in the building was on his team because he was the boss. Not what I was looking for.

    Advice to Management

    Fall-away salary to help first 24-36 months of practice development. More straightforward, plain spoken interview practices.


  6. Helpful (2)

    "Not for most people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Bronx, NY
    Former Employee - Anonymous Employee in Bronx, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great senior work partners.
    Good learning experiences.

    Cons

    Poor pay structure.
    Make your own hours = 8am-8pm.
    Production driven.
    Cold. Calls.

    Advice to Management

    Train better. It's not all about cold calling.


  7. Helpful (1)

    "Cold Call Country"

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

    I worked at AXA Advisors full-time

    Pros

    They are a very large company with a well known brand name so they have a lot of resources

    Cons

    You have to come into the business knowing a lot of wealthy people or having a lot of connections. They have a culture of cold calling and they expect you to do it if you do not have the business already. They also charge their advisors for virtually everything, including office space.

    Advice to Management

    My manager and his whole team left in 2008 when the market crashed. Not a lot of managers get really involved and get their hands dirty.

  8. Helpful (4)

    "Hard"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional
    Current Employee - Financial Professional
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    AXA has set up access to a large number of insurance companies so that you can offer clients the solution that is in their best interest.

    Cons

    Monthly expenses you pay to AXA to be an advisor make it very difficult to get ahead. They are a constant drag.

    Advice to Management

    Make it easier for new advisors yo survive the early years.


  9. Helpful (1)

    "Be Hungry or Your going to Sink."

    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
    No opinion of CEO

    Pros

    They'll help anyone without financial experience get their licensing but after that your pretty much on your own. Have high activity or your going to die. Amazing work life balance...maybe a little to much actually.

    You meet great people.

    Cons

    Nickel and dime you on everything.
    Have to pay to use the software you need to develop strategies.
    Corporate culture is poor in my office.

    Advice to Management

    Don't nickel and dime your employees. AXA is one of the largest companies in the world but they won't give their advisors their own computer to use.


  10. Helpful (1)

    "Weird company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    People are very efficient and try their best to not get in your way

    Cons

    Too much politics and people are very corporate.

    Advice to Management

    Become lest political


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