Horrible, the management is only looking to sell at all cost to anyone - Financial Consultant Equitable Advisors Employee Review

1.0
Mar 14, 2011
Recommend
CEO approval
Business Outlook

Pros

Great learning opportunity. They offer a lot of training and they have excellent systems to do financial analysis and illustrations for clients. It is a great way to get experience and then LEAVE!

Cons

They do not offer a base salary. You have to pay for all your expenses (including lap top, marketing materials and any other expense that you might incur to sell). Even though they sell it as if you are your "own boss" you have to go to tons of meetings so that you learn how to counter clients' ojectives, get referrals (you have to sell, sell, sell to everyone and anyone).

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.

See reviews by: Helpful|Rating|Date|All