Decent Products - Terrible Management/Business Practices - Financial Advisor Equitable Advisors Employee Review

2.0
Jul 16, 2013
Recommend
CEO approval
Business Outlook

Pros

They train you quite a bit on the axa annuity and life insurance products. They are not so apt to train you in asset management (less revenue producing). They are good at ensuring management makes as much money from you as possible before you struggle and fall out of the business.

Cons

They are a greedy company. Management is all about their bottom line, not about producing strong all around producers. They will make you target your family as opposed to setting up a support structure around external sources. THEY WILL HOUND YOU AFTER YOU LEAVE THE COMPANY FOR ANY PAYMENT FOR POLICIES LAPSED EVEN 4 YEARS AFTER I LEFT THE COMPANY. I am not a person who would have someone buy a policy to drop it right after I left the company, but they have had these experiences in the past. BE AWARE - THEY WILL SEND LAWYERS AFTER YOU REGARDLESS OF YOUR TIME AWAY FROM THE COMPANY. I CANNOT RETAIN CLIENTS WHEN I NO LONGER WORK FOR THE COMPANY! It is the company's responsibility to retain clients after their costs and business practices force you out of the business.

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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