Terrible company - Financial Advisor Equitable Advisors Employee Review

1.0
Jun 7, 2022
Recommend
CEO approval
Business Outlook

Pros

None. You learn a lot though which is good

Cons

They lied about compensation saying that it would be a base plus commission. When I started the job, they paid me for my first week of training and then I was 100% commission. Very unethical.

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Equitable Advisors Response
3y
We appreciate you taking the time to post. You can indeed learn a lot in our industry and we use that knowledge to help our clients -- they bring us their vision, we build the plan, and together we face the future with courage, strength and wisdom. Regarding your con comment, we do offer multiple options including Base Pay plus Commissions or Commissions plus Bonus. We are looking for entrepreneurial minded candidates that want to be compensated for their performance. At Equitable Advisors, you have the ability to accelerate your earning potential and it’s based on one factor: you!

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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