Builds up experience - Financial Advisor Equitable Advisors Employee Review

2.0
Oct 25, 2020
Recommend
CEO approval
Business Outlook

Pros

They will sponsor your series 7 Coworkers Flexible schedule Gives you experience in the industry and pros/cons

Cons

You won’t make any money for 6 months if you don’t have another job. With the tests and PEP combined you will be spending a lot of money before you break even. A lot of insurance products and annuity business. Long hours with a lot of cold calling, and eventually paper work. Not for most people, because you depend a lot on commission. Will be having some moral dilemmas when you are thinking about products and how they pay and what’s actually is the best choice for a clients. I would look for a fee based firm or salary plus bonus if you are not established and are straight out of college.

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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