Equitable Advisors reviews

Once you get your licenses you have to bring a few clients over in order to get your permanent contract. You have 2 options: go full commission or go half commission + $24k a year base salary. They will train you on how to sell proprietary products, not financial advising. They will push you to bring over family and friends, and sell them this products (that will lock your family's money for 6 years). Once you run out of family they will make you cold call, at least 300 dials a week. They believe in the culture of showing up really early and leaving really late. You will work at least 10 hours a day and they will make you go to the office on Saturdays. Your job is pushing high fee annuities and life insurance. When you leave they keep all your clients and will sue you if you reach out to them. The predatory strategy is to hire kids from wealthy families, get their family's money and then make the kid cold call until he decides to leave due to the burn out. THERE ARE BETTER WAYS TO START IN THIS INDUSTRY, DON'T GO THERE

Highly unethical practices employed. One of the people training me literally said that the teachers you are going after as clients don't know they don't have to work with you but to not let them know that and they may think they do. Came after me with a debt collection service years later for unearned commissions saying a policy holder stopped paying premiums. Top management suggested to max out your credit cards and take on a bunch of debt, that way you're more incentivized to succeed. What a joke. Push predatory annuities to anyone that will listen claiming there are absolutely no down sides.