Financial Professional - Financial Professional Equitable Advisors Employee Review

2.0
Sep 5, 2017
Recommend
CEO approval
Business Outlook

Pros

You and your office of financial professionals all go through hell together starting out your first three years. Overall good group of financial professionals to work with.

Cons

HIDDEN FEES everywhere you go. Pay your own E&O insurance after 6 months on contract in excess of $280 per month. Have to purchase a new computer that meets their 'security specifications'. You have to pay a 'technology fee' of $80 a month to use their specific poor excuse of sales force and illustration software. Whatever AXA tells you during the interview, they are a LIFE INSURANCE company first. If interested in an investment practice you will have to pay $50 a month to use their awful third party broker dealer affiliate LPL' and their software. Overall, I have seen a ton of Advisors make a commission check just to have it all go to AXA to pay all of these hidden fees. This place is a money pit.

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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