AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated October 15, 2017
221 reviews

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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. "review"

    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
    No opinion of CEO

    I worked at AXA Advisors full-time

    Pros

    great company , good product as

    Cons

    lacking proper training and mentor programs

    Advice to Management

    Train your trainees ...without fleecing them of their commissions


  2. "registered representative"

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

    I worked at AXA Advisors full-time

    Pros

    great environment, co-workers will help

    Cons

    limited exposure, not much marketing

  3. Helpful (1)

    "Great opportunity for sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Professional in Wellesley, MA
    Former Employee - Financial Professional in Wellesley, MA
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Amazing compensation structure for successful sales people
    Great people work in the office, super friendly
    Nice location, easy parking
    Good support staff

    Cons

    Unclear at time of recruitment as to the details of the position
    The position is a salesperson, do not let anyone tell you otherwise
    Unethical business practices are required if you are to succeed

    Advice to Management

    Be more clear on recruitment, do not oversell your "captive audience"
    Do not tell people that if they put in the work they cannot fail
    Do not only share stories of the best but also some stories of those who did not succeed


  4. "AXA Advisors - Great experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    - there are very few places that you can start out as client facing
    - great experience in sales and communicating
    - really knowledgeable people

    Cons

    - money
    - for your first 2-4 years this is a sales job, don't let anyone tell you otherwise
    - getting paid for a case, then having the case fall through, then having to pay AXA back

    Advice to Management

    -set correct expectations
    - there is no accountability for senior partners. After cold calling 250+ numbers a day and setting meetings rejection after rejection, it becomes disheartening when you do sit down with someone who needs financial help and nothing is done. There's two sides to everything and its up to you to completely buy in.


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

    StarStarStarStarStar
    • 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.


  6. Helpful (3)

    "Financial Advisor"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Compensation is essentially only the commissions earned. The benefit is that there are many different types of products with varying payout schedules, and most allow the advisor to accumulate a very large income through the recurring commission trails.

    Cons

    When beginning your career, it is very difficult to generate a consistent stream of commissions. Without finding one or two very large deals in the first year, many people cannot afford to continue and leave the business


  7. "Financial Services Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Advisor Intern in Houston, TX
    Former Intern - Financial Advisor Intern in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Relations with financial advisers and seeing how the process of cold calling and sit-downs with customers.

    Cons

    Long hours and multiple financial products to learn and sale.

  8. "Resume Builder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good opportunity to step into this industry

    Cons

    Trivial work, limited career development

    Advice to Management

    Pay the intern


  9. Helpful (1)

    "Know What You're Getting Into"

    StarStarStarStarStar
    • 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.


  10. Helpful (1)

    "Financial Professional"

    StarStarStarStarStar
    Former Employee - Financial Professional in Dallas, TX
    Former Employee - Financial Professional in Dallas, TX

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

    Pros

    You have the ability to set your own schedule which can be a blessing and a curse. There is also the ability to make as much as you want.

    Cons

    Although you can make as much as you want, you will have to sell primarily life insurance or annuities or you will not make enough money. They give you the idea that you will be able to use any product, but after a certain time period you will have to sell proprietary products to be eligible for benefits. They also charge you a lot to work here, and offer 0 base pay.

    Advice to Management

    Let the job applicants know that they will be life insurance sales people up front, and that they will pay significant fees to work here.


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