Don't touch axa with a 10 foot pole! - Financial Consultant Equitable Advisors Employee Review

1.0
Mar 17, 2010
Recommend
CEO approval
Business Outlook

Pros

If you're a cold calling machine...prepare to be a millionaire! Of the less than 1% who make it successfully the contracts and comissions are some of the highest in industry. They have joint partners and experts in all types of planning. They have advisors and offices everywhere! The experienced advisors are some of the best planners in the industry,very professional and polished. Great place for advisors who come with a market already and can easily achieve goals,you will make more money here.

Cons

Poor management Pre contract period where you give all your natural market with no comitment from axa No pay..at all...must put up over $500 out of pocket for exams.. Spray and pray environment........interview 1000 people...5 crazy people join..cold call till you die..see dozens come and go..demoralizing... Stressful environment with management breathing down your neck for calling hours, 15 appts etc.. If you do not raise between $3k to $7k in first 6 months...you're most likely done..and they keep your natural market will be passed on to another senior adviser..they claim work hours are flexible..but expect you there 8am to 8pm every day of the week..including Saturday... Many other companies are far more competitive than Axa in terms of initial compensation and you can get a contract right away somewhere else...people do not buy companies..they buy you One of the worse places for new people to start as an advisor

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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