Don't touch axa with a 10 foot pole! - Financial Consultant Equitable Advisors Employee Review

1.0
Mar 17, 2010
Recommend
CEO approval
Business Outlook

Pros

If you're a cold calling machine...prepare to be a millionaire! Of the less than 1% who make it successfully the contracts and comissions are some of the highest in industry. They have joint partners and experts in all types of planning. They have advisors and offices everywhere! The experienced advisors are some of the best planners in the industry,very professional and polished. Great place for advisors who come with a market already and can easily achieve goals,you will make more money here.

Cons

Poor management Pre contract period where you give all your natural market with no comitment from axa No pay..at all...must put up over $500 out of pocket for exams.. Spray and pray environment........interview 1000 people...5 crazy people join..cold call till you die..see dozens come and go..demoralizing... Stressful environment with management breathing down your neck for calling hours, 15 appts etc.. If you do not raise between $3k to $7k in first 6 months...you're most likely done..and they keep your natural market will be passed on to another senior adviser..they claim work hours are flexible..but expect you there 8am to 8pm every day of the week..including Saturday... Many other companies are far more competitive than Axa in terms of initial compensation and you can get a contract right away somewhere else...people do not buy companies..they buy you One of the worse places for new people to start as an advisor

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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