OK Opportunity - Financial Consultant Equitable Advisors Employee Review

2.0
Sep 3, 2010
Recommend
CEO approval
Business Outlook

Pros

AXA will pay you very well once you start under contract, which can take up to three months. You usually make 3% of all the money you bring in, depending on what you are selling. Company is very focused making your numbers. You can either choose a salary($24,000) plus 50% commissions or all commissions plus bonus. Some make over $500,000.

Cons

You do not get paid for the months before you sign your contract other than any commissions. I went three months before collecting any money. It is very political and older advisors tend to rule the building.

Explore other reviews about Equitable Advisors

5.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Cons

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

1.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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