AXA Advisors - Don't do it | Glassdoor
There are newer employer reviews for AXA Advisors
There are newer employer reviews for AXA Advisors

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Helpful (1)

"Don't do it"

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

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

Pros

Flexible schedule(depending on your manager and how long you've been there), Potential for good income(but not very common)

Cons

Poor training, No base salary, Poor benefits(no 401k match), Force you to sell to your family and friends, Have you tell prospects you sell outside products but base your benefits requirement and bonus on AXA Equitable proprietary products, Have you sell primarily life insurance and annuities regardless of clients best interest, every expense is paid for by the advisor including but not limited to: computer rental(required), Errors and Omissions insurance(required), cubicle or office(required), office supplies, personal office equipment(printer, additional monitor, etc), postage on work related documents, etc. No one knows who the company is so you have to sell them on using you and the company. Claim you get several resources from company but most are no longer legitimate since they have been recycled so many times by employees that have quit.

Advice to Management

Coach your employees instead of badgering them when they are doing poorly.

Other Employee Reviews for AXA Advisors

  1. Helpful (3)

    "Financial Advisor"

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

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

    Pros

    Wide variety of resources since the company is international . Company provides decent sales training if you are new to sales. You will virtually be just a salesman who calls themselves a "Financial Advisor" and you don't even have to have any type of financial background to be a financial advisor which is totally ridiculously sad but true

    Cons

    Company will tell you whatever they think you want to hear to get you in the door. They will tell you that you will earn 100k + if you just work hard which only 2% of advisors really make annually . Most advisors make around 20k their first year and you will be fired if you don't meet certain quotas. It's a revolving door company policy and after most employees really see what the company is about they leave. There is over a 60% turnover rate annually so you can do the math

    Advice to Management

    TELL THE TRUTH !! Applicants deserve that at the minimum! Don't just try to get individuals in the door!


  2. "You get what you put in."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in Melville, NY
    Former Intern - Intern in Melville, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good working environment. Everyone is helpful.

    Cons

    There's a lot of cold calling. As an intern it was hard to escape the cycle of doing a lot of cold calling and very little of anything else.

There are newer employer reviews for AXA Advisors
There are newer employer reviews for AXA Advisors

See Most Recent

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