Strictly sales. Not a fiduciary consultant role - Wealth Management Associate Equitable Advisors Employee Review

1.0
Jul 3, 2023
Recommend
CEO approval
Business Outlook

Pros

There are a few “good apples” there doing good work.

Cons

When I graduated from college, I thought I would be helping people with their finances, helping folks understand investing, and assisting them in achieving long term goals. I was unaware of Equitable Advisors true nature. Instead of acting in the best interest of clients, their primary focus seemed to be pushing financial products that would yield the highest commissions. I have personally witnessed a range of unethical practices, such as advising a 35-year-old individual with a high risk tolerance to invest all her funds into an expensive annuity accompanied by various insurance protections. This was the ultimate reason behind my decision to leave. Definitely look else where, but I would recommend staying away from insurance companies, generally speaking. This type of thing seems to be a reoccurring issue with insurance-focused companies.

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Equitable Advisors Response
2y
Thank you for taking the time to share your experience with us. We appreciate your feedback and are sorry to hear of your decision to leave; your comments do not align with our company core values. Equitable Advisors Financial Professionals are required to make recommendations that are in the best interest of clients without placing the financial or other interests of themselves or the firm ahead of the client’s interest. Equitable Advisors and its financial professionals take this obligation seriously and there are two confidential channels through which concerns involving violations of our Code of Business Conduct and Ethics Policy may be reported.

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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