AXA Advisors Reviews | Glassdoor

AXA Advisors Reviews

Updated April 21, 2017
632 reviews

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Full-time Part-time

632 Employee Reviews

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Pros
  • It is true that you can make a lot of money right out of the gates (in 17 reviews)

  • Ability to make A LOT of money (paid for what you do) (in 16 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 21 reviews)

More Pros and Cons

  1. Helpful (1)

    "Terrible company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Cleveland, OH
    Current Employee - Financial Advisor in Cleveland, OH
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Can make a decent amount of money.

    Cons

    Expenses are all on the employee, nothing is reimbursed
    Management is awful
    New hires are expected to pay to do their own job

    Advice to Management

    Train and support new hires more.


  2. Helpful (1)

    "Financial Professional"

    Star Star Star Star Star
    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.


  3. "Great Job If You Can Properly Manage Your Time"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Professional in New York, NY
    Current Employee - Financial Professional in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    You really have free reign to create your own business. If you have an entrepreneurial mindset, you will be fine. If you need more guidance when you work, this job is not for you.

    Cons

    From the get go, you are sort of thrown right into everything. You need to hit the ground running in order to survive in this job. You can really fall off if you do not keep your head in it. On the other hand, you can really be successful if you keep your head in it.

    Advice to Management

    I have seen many people come into this job not really knowing what to do and how to conduct their business. A more rigorous vetting process in the hiring process could be useful so people don't waste their time.


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  5. Helpful (1)

    "Financial advisor"

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

    Pros

    Extensive training, flexible hours, comprehensive broad array of products and solutions

    Cons

    Underwriting slow, payout grid geared toward higher earners


  6. "Financial Review"

    Star Star Star Star Star
    • 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
    Neutral Outlook
    No opinion of CEO

    Pros

    Taught sales techniques
    Descent products
    High income opportunity

    Cons

    Recruiters mislead on realistic compensation
    AXA compliance is so restrictive that there is 10 times more that you CANNOT do than can.
    They drive captive products even though they tout access to everything
    You NEED to have a strong natural market to get in this business with AXA

    Advice to Management

    Quit the whole ivory tower appearance BS.
    Help incoming advisors find their niche, even if it is not an equitable product


  7. "Customer Service Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Manager in Houston, TX
    Former Employee - Customer Service Manager in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at AXA Advisors full-time

    Pros

    Friendly, willing to help when needed, willing to take chances on fresh ideas, family friendly, local management very approachable, always willing to listen or toss around and help refine ideas

    Cons

    corporate can be impersonal, sometimes project timelines are unreasonable

    Advice to Management

    None, except keep up the good work. Stay real and approachable. Keep making feel all employees important and worthy of your time.


  8. "Intern"

    Star Star Star Star Star
    • 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
    Positive Outlook
    Approves of CEO

    Pros

    Friendly yet competitive environment
    Learn on the job

    Cons

    Long Hours
    Tough standards to meet


  9. "Very tough work. High Payout is possible if you follow the plan."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Fort Lauderdale, FL
    Current Employee - Financial Advisor in Fort Lauderdale, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fantastic experience, great company, no cap to your earnings. Reputation and open architecture are a big plus. Sales training is great. Gives great leads.

    Cons

    Charge you to work there, basically life insurance salesmen, no salary, very very very tough to start out as they don't give you leads to start with.

    Advice to Management

    Even a small salary and no nickel and dining employees would go a long way.


  10. "Summer intern"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great exposure to life insurance advisory business. Worked closely with senior adviser on a day to day basis and developed strong client communication skills.

    Cons

    Did not have a structured internship program at the time. Learning opportunities were dependent on pro activity and willingness to learn.

    Advice to Management

    Formal education programs can help retain interns for full time opportunities. It would have also been great to network and meet other interns during the summer.


  11. "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in New York, NY
    Current Employee - Financial Consultant in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    You can make a crazy amount of money your first year.
    If you are a social person good on phones it is a fun job.
    The higher management team is very helpful and supportive.

    Cons

    Chances are you will not make a crazy amount of money your first year.
    The first 6 months are pre employment PEP and you will only get paid 1000 dollars after tax then it is all Commission.
    Cold calling to people who do not want your service.
    You are a financial advisors, but pretty much only can make a decent living pitching Life Insurance at a large rate and finding money to roll into IRAs.

    Advice to Management

    The management tries to do as much as they can. It is a tough business with leads that you, yourself generate.



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