If this would be your first job in financial services -RUN, and don't look back - Financial Consultant Equitable Advisors Employee Review

1.0
Feb 17, 2010
Recommend
CEO approval
Business Outlook

Pros

flexible schedule, ability to choose your joint work partner and decide commission splits amongst yourselves

Cons

Everyone lies to you, about everything. Start-up costs are never completely disclosed, same goes for on-going expenses (about $450 per month, not including health insurance costs and any marketing you want to do). IF you actually make any money, the commission statements are impossible to read, and costs are deducted -often ending in NEGATIVE commissions that go into "recovery" that they will send lawyers after you to regain. There are SO MANY negatives here, it's rediculous. Unless you have a pre-established book of business you KNOW you can work, DO NOT WASTE YOUR TIME HERE!

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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