Great starter job, do not be naive. - Financial Professional Equitable Advisors Employee Review

1.0
Sep 18, 2019
Recommend
CEO approval
Business Outlook

Pros

They will sponsor you for licensing i.e. (Series 7, 66, insurance licenses). They will reimburse you for licensing costs. That is all you will get. You will be part of a team, and you will be supported by and support that team. You can opt for a salary option, but that will reduce your commission rate. You will work long hours and your compensation will be abysmal on an hourly basis, even if you make six figures.

Cons

You will not be given serious training. You will not learn any insights about financial planning, investments, or even insurance unless you try to learn on your own. The turnover rate is unbelievable. Turnover of associates, managers, entire teams is abysmal. The prospecting schemes are at times unsavory and at times cringeworthy. If you are part of a team you will have to do what that team does without fail. The knowledge you gained by studying for and passing the series exams is vastly superior to the "training" you will be given.

Explore other reviews about Equitable Advisors

5.0
Apr 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Cons

Support staff are more hands off, not a lot of in house support staff members.

1.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Good place for career changers to get financial licenses (they will license anybody)

Cons

Very bad pay model for new hires- will tell you 6% commissions on certain products but then you have to kick up 10% to your manager and the other half of what's left to whoever is working w you because they make you go out in pairs...and mostly seem want to get ahold of all your friends and family for sales you can't participate on without the 66....but you have no time to study that bc you are too busy selling for the products that don't require it to make quota, as your clock starts when you pass the 7, so pretty much they just want your people. It's very eat what you kill, and then only after it's been picked over.... which is fine if you're young with no obligations, but not great if you have a family. If you were an existing advisor and had your own book/contacts it could work. Otherwise get your licenses, learn a little, but don't be afraid to move on to other opportunities.

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