Financial Advisor Review - Financial Advisor Equitable Advisors Employee Review

3.0
Sep 3, 2020
Recommend
CEO approval
Business Outlook

Pros

- My manager was very helpful and was there to support me throughout my time there. - All of the other employees were super friendly and it was a fun environment to be in. Still very good friends with a number of people I met there.

Cons

- The payment structure isn't very transparent. You're either choosing between a fully commission-based salary or a base salary of around $25,000 with all commissions cut in half. -You need to earn all your licenses before you can start to earn money - Your job revolves around "building your own practice" which comes down to cold calling. You'll be cold calling most of your days

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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