AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated March 15, 2017
151 reviews

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151 Employee Reviews

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

  • Compared to typical salary jobs in this economy, you can advance much quicker and make a lot more money on this platform (in 15 reviews)

Cons
  • no base salary is annoying really (in 22 reviews)

  • This of course is after you have recruited your friends and family to the company (in 20 reviews)

More Pros and Cons

  1. Helpful (1)

    "Build Business"

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

    Pros

    It gave the opportunity to develop my craft and mold myself into who I am today. I was pleased with this experience

    Cons

    A lot of upfront costs (i.e. tests, work station, comp, insurance, lead lists, misc exp) but necessary to build your business....

    Advice to Management

    Gave very constructive criticism to employees and helped to build character....training courses were very helpful as well


  2. "Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work environment is positive, pretty much left alone to get your job done, great health insurance and costs, vacation time is good and begins on day 1.

    Cons

    The industry itself is pretty cutthroat, AXA is no different. Some of the higher ups have HUGE egos which can be difficult for some. I've always been treated with respect but not the case with other co workers.


  3. Helpful (1)

    "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in San Francisco, CA
    Current Employee - Financial Consultant in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It's a great place to work. A lot of young and energetic people. The management does a great job on not feeling like a boss, but you're a part of a team. Doing joint work together with management is encouraged and they do not take away from your commission. They genuinely care about your growth and try their best to help close deals and show you the process. They don't push to sell your family and friends, which is a positive too.

    Dealing on the customer side it feels like a holistic and comprehensive approach versus other company that do a cookie cutter method. Feel like your are actually providing value to your clients instead of ramming product down their throat.

    They give you a great market to go to, which is the school market to setup teachers with 403(b)s, but doesn't mean you'll be able to get on every single campus. Then they help provide you with numbers to call and clients who have not done reviews recently. There's multiple different markets that they provide you, so you don't have to purely cold call and network.

    This is a career, not a job!

    Cons

    There's a lot of hoops to jump through. You pay for your own tests and have to do training on the computer before you can sell anything. Sometimes at the beginning you don't know what to do and often times feel like you're just there with absolutely nothing to do.

    Doesn't pay salary right away until you make a certain commission level which is about $5,000 in commission. Not hard to hit though.
    It's a difficult job for anyone who does not have a sales background or have a deep network. Really a hard job for anyone that recently graduates college.

    Advice to Management

    Have a better training for new associates that last about 4-6 weeks where you show the entire aspect to new hires, especially to recent college graduates. Don't hire just anyone.

    Keep up the great work with culture and the mentorship of the younger and newer hires!


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  5. Helpful (2)

    "Financial consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant - Sales Force Associate in Columbia, SC
    Former Employee - Financial Consultant - Sales Force Associate in Columbia, SC
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at AXA Advisors (More than 3 years)

    Pros

    Great training and great managers. Most managers excel at helping you learn how to work with others and be successful. They are geared to help everyone succeed.

    Cons

    At times it is difficult to understand how the percentage is figured for commissions. During first couple of years any renewals are at a lower price, and once you get a full contract the first client renewals don't change to the higher rate.


  6. Helpful (2)

    "Financial Professional"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

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

    Pros

    The Northern California / Hawaii branch has a strong reputation and supports employees
    There is a strong focus on training
    Environment is high on flexibility and freedom
    High earning upside (Can earn 150-300 in first year)
    Turnover rate low for the industry

    Cons

    Weak Technology Support in systems
    Industry has highly variable compensation
    High turnover rate compared to many jobs


  7. "Whether the job is wonderful is all depend on you"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Nice try to get more familiar with the working environment.
    Good for people who is first time working.

    Cons

    What you can learn from this job really depends on your attitude.
    If you have motivation to begin your career more by yourself, then go for it.

    Advice to Management

    Provide studying opportunities as much as possible. And if it is possible, create a more efficient structure that force new staffs to leave if the position is not fit them.


  8. "Executive Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in San Francisco, CA
    Former Employee - Executive Assistant in San Francisco, CA

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

    Pros

    Great people, great team spirit. Things are changing fast at the SF office and the leaders are bridging from the old insurance company model to the modern era.

    Great benefits.

    Cons

    Not for people who need a lot of handholding, It's a very entrepreneurial branch and requires the ability to think on your feet and figure out how to get things done with not a lot of training or supervision. Fantastic training for sales people could be applied to operations staff.

    Administrative staff is poorly paid relative tor the cost of living in San Francisco.

    Advice to Management

    Keep up the good work!


  9. "Great company tough industry"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Bala Cynwyd, PA
    Former Employee - Financial Representative in Bala Cynwyd, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training, awesome people. Great earning potential. Flexible schedule

    Cons

    Difficult to string consistent pay with out the right system.

    Advice to Management

    Pair more new people with experienced reps


  10. "Summer Associate"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good opportunity to learn about managing client's assets and how to develop a future plan for them

    Cons

    Hard to balance work with studying for Series 7 exam


  11. "Brief Stink at AXA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Everybody willing to help which is nice!

    Cons

    No cons that stick out at this time.



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