Scam Position - Financial Advisor Equitable Advisors Employee Review

1.0
Mar 12, 2025
Recommend
CEO approval
Business Outlook

Pros

None, the people are nice but it's easy to be nice when you're not paying someone.

Cons

Won't hire you right away instead you are placed in PEP/pre employment, this way they don't have to pay you or give you benefits. You are only offered employment after you make a certain amount of sales. Leads are very low quality. Constant turn over because of how bad the position is, your VP will be constantly interviewing and trying to trick new people into joining. You have to pay for the training and it is only returned if you contract. Getting paid takes forever even when you do make a sale. The software you use is charged to you via a payroll deduction, and the IT department is outsourced, incredibly unhelpful, and they deduct it from you pay. Do not work at this company.

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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