AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated September 19, 2017
709 reviews

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709 Employee Reviews

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Pros
  • Unlimited earning potential, flexible schedule (get what you put in), growing need for the industry, "be your own boss" (in 19 reviews)

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

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

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

More Pros and Cons

  1. "Great Place to Work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional in Cleveland, OH
    Current Employee - Financial Professional in Cleveland, OH
    Recommends
    Positive Outlook

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

    Pros

    At the Cleveland Branch the team atmosphere is the biggest pro to working here. All the senior advisers are willing to help you start your practice. My district manager has weekly training and goes to meetings with you to help you learn how to interact with prospects. "50% of something is better than 100% of nothing" The only thing you are selling prospects is yourself! If you are doing anything else, this company is not for you. AXA gives you the opportunity to provide your clients with so many products to match all their needs.

    Cons

    You have to prove yourself before signing a contract, which can be difficult for some.


  2. "AXA Advisors- looking onward and upward"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at AXA Advisors full-time

    Pros

    - Stable company that is consistently pushing collaborative efforts to access, learn and grow as a company
    - Love the European influence to consider work/life balance combined with great benefits, along with resources to include investment options and a generous PTO calendar.

    -

    Cons

    - Some growing pains as it pertains to technology changes and the support of the help desk team

    Advice to Management

    Innovation is essential to growth. Continue to keep an open ear to your employees as you weigh historical data from tenured employees to the new ideas of your newer employees.

  3. "Work for yourself, but tough business"

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

    I have been working at AXA Advisors full-time (More than 5 years)

    Pros

    Great Flexibility to choose how you run your business and who to want to work with.
    Great Autonomy
    Great potential compensation
    Control over your schedule and your business

    Cons

    Training is limited to life insurance products only, you have to find other ways to learn investments and other insurances. Quality of training is dependent on your branch/location. Corporate support and technology is pretty poor. Difficult business, most people don't make it.

    Advice to Management

    Broaden training areas and fix the NOC and Tech


  4. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Dallas, TX
    Former Employee - Financial Advisor in Dallas, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    There is definitely good career growth potential if new employees are trained properly. Great line of work for well connected , self motivated, and self starters

    Cons

    The company needs to spend more time training new employees. Management should focus more on growing employees and focus less on bringing clients in by any means necessary.

    Advice to Management

    Spend more time training new employees


  5. "make a fast buck"

    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

    once you get on contract (you spend the first 6 to 9 months 'pre-contract' and make zero money), there is an excellent opportunity to make money by partnering with senior agents

    Cons

    branch management is not good, push proprietary products way to much, and if you make it past your 3rd year in business, you are pretty much discarded by management as overrides on your production drop to the point that they have no interest in you any longer.

    Advice to Management

    to corporate management: get rid of branch EVPs and revamp how branches operate and report. also, initiate a training wage for the first 6 to 9 months.


  6. Helpful (1)

    "A Successful Group of Advisors and Managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Buffalo, NY
    Current Employee - Financial Advisor in Buffalo, NY
    Recommends
    Positive Outlook

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

    Pros

    Very caring organization
    career longevity if you put the work in
    some of the top annuity and life products in the marketplace
    mentoring from day 1
    phenominal training
    great culture

    Cons

    A lot of hours upfront
    A lot to learn
    If you're not driven and motivated, you will fail

    Advice to Management

    Spend as much time with your advisors as possible, it does help!
    Keep teaching the right way!
    Great culture to work in


  7. "Financial Professional"

    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
    Approves of CEO

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

    Pros

    Very flexible schedule.
    Lots of resources to utilize

    Cons

    Little room to move up.

    Advice to Management

    Allow internal transitions.

  8. Helpful (1)

    "Former Financial Consultant"

    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
    Disapproves of CEO

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

    Pros

    If you have a large family with lots of money you can sell annuities too then you can make a lot of money. Just make sure they actually know what they are getting into.

    Cons

    The Empire which consists of Buffalo/Rochester/Syracuse clearly told all of their employees to come on and write good reviews since the company was getting bashed so much. The managers need good reviews on here because that's the only way they can bring new people in.

    They don't truly make you aware of what your getting into and all the costs associated with working there. They tell you you're a "Comprehensive Financial Planner" but your just an annuity sales person. They hire anyone and would love to sell your family and friends Annuities. in reality you won't last longer than 2 years at the most then they get your family as clients when your done.

    Advice to Management

    Quit churning and burning employees. Hire for the right reasons, and do what's actually best for the client.


  9. Helpful (2)

    "Great Company! Rewarding Work! Excellent Compensation If You Work For It!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional in Buffalo, NY
    Current Employee - Financial Professional in Buffalo, NY
    Recommends
    Positive Outlook

    I have been working at AXA Advisors full-time (More than 5 years)

    Pros

    *Huge earning potential
    *Training program is 1st class
    *Management truly cares about employees. Its a partnership at every level.
    *Flexibility in hours and schedule
    *Coworkers become like family
    *Incentive and reward trips are outstanding
    *Different compensation structures, including salary, to accommodate new employees needs.
    *No pressure to sell products.

    Cons

    *A little challenging to get started. If you do not want to work hard and are not self motivated then this probably isn't for you.

    Advice to Management

    Keep up the success. I've never been this happy working for a company, never felt so appreciated and never felt so rewarded before.


  10. Helpful (4)

    "Financial Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in Syracuse, NY
    Current Employee - Financial Consultant in Syracuse, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AXA Advisors full-time (More than 5 years)

    Pros

    Make six figures fairly quickly. Very rewarding to help people and businesses. Flexibility with schedule. Huge backing of resources, support, and training. Able to accommodate any financial situation with complete open product architecture for both insurance and investments.

    Cons

    Very hard work first few years building client base. Long hours but flexible.

    Advice to Management

    Best training program in the industry!


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