AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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AXA Advisors Reviews

Updated 21 February, 2015
Updated 21 February, 2015
65 Reviews
2.0
65 Reviews
Rating Trends

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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
65 Ratings

Review Highlights

Pros
  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money) (in 8 reviews)

  • Creating your own work schedule/ Flexible Hours (This is not a 8-5 job) (in 14 reviews)


Cons
  • No base salary, heavy sales focus, no formal training (in 8 reviews)

  • I would suggest buying a book of business, starting from scratch can be daunting (in 6 reviews)

More Highlights

65 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    do not work here

    Former Employee - Financial Consultant
    Former Employee - Financial Consultant

    I worked at AXA Advisors

    Pros

    the only pro from axa is that it allows for anyone to get their licenses so they can go get a job somewhere else

    Cons

    Working here is a waste of time as it is more of a pyramid scheme than an actual job itself

    Advice to ManagementAdvice

    carefully pick who you chose to be leaders in the company, some of them tend to do some very shady stuff that could end up coming back to them.

  2.  

    Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at AXA Advisors as an intern (less than a year)

    Pros

    Intro position so no experience needed, part time, flexible hours, friendly people

    Cons

    many tedious tasks, machines and computers were slow

    Doesn't Recommend
    Negative Outlook
  3. 1 person found this helpful  

    Not for everyone

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant
    Former Employee - Financial Consultant

    I worked at AXA Advisors

    Pros

    Great team, flexible hours, the more you put in the more you get out

    Cons

    on your own, start in debt over $1,000 before you can start doing anything, employers hire you based on who you know and how many wealthy individuals you know

    Advice to ManagementAdvice

    Find better ways to support new employees while they are studying for their tests and better ways to ease them into the business

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Really depends on the team you are with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant in New York, NY (US)
    Current Employee - Assistant in New York, NY (US)

    I have been working at AXA Advisors full-time (more than 5 years)

    Pros

    Flexibility
    Potential to make good money

    Cons

    AXA home office doesnt really care about the AXA Advisors branch, so the budget is not good for things like supplies, competent operational staff, etc.

    Advice to ManagementAdvice

    N/A

    Doesn't Recommend
    Neutral Outlook
  6.  

    Financial Advisor Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor Intern
    Current Employee - Financial Advisor Intern

    I have been working at AXA Advisors

    Pros

    The company provided helpful feedback throughout training and how to become successful. However, it is a difficult industry which is known for a high failure rate

    Cons

    Long hours does not fit the amount paid in the beginning.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Branch Operations employee satisfaction depends on specific branch location

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Operations Manager in Salt Lake City, UT (US)
    Former Employee - Branch Operations Manager in Salt Lake City, UT (US)

    I worked at AXA Advisors

    Pros

    great benefits, strong company, ongoing online training programs

    Cons

    the sales manager is king of the branch. if you work well with this person and if the branch is growing and successful, you may enjoy the branch. If not, it's going to be a tough struggle. Also, local branch offices feel a little like a small company, but with huge bureaucratic home office politics and confusion to report back to.

    Advice to ManagementAdvice

    the branch operations manager used to have a separate manager and liaison. AXA no longer has this supporting manager to help the operations team run a successful branch. This has created a disastrous environment for the operations team.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Great opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional in Omaha, NE (US)
    Current Employee - Financial Professional in Omaha, NE (US)

    I have been working at AXA Advisors full-time (more than a year)

    Pros

    Opportunity to use Network with Insurance and Investments, 401k match group life di. No real schedule you work when your clients need you.

    Cons

    W-2 vs other networks 1099 pay, health benefits awful, cost of E&O Insurance is outrageous, cost of salesforce and other required CRM is outrageous, minimum requirements to not be fired are high. Opportunity is just that, you still need to go find your clients.

    Advice to ManagementAdvice

    Take away minimum requirements, let us choose our own E&O, and get rid of the W-2 system, I lose 1/3 of my paycheck to the government and they aren't working any harder.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Great training for new financial advisors but it is a very hard job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regional Vice President in Pitt, MN (US)
    Current Employee - Regional Vice President in Pitt, MN (US)

    I have been working at AXA Advisors full-time (more than 5 years)

    Pros

    Training is very good and ongoing

    Cons

    Need to provide more leads for new reps and pair them up with seasoned producers. Do not take this job unless you have 5-8 years where you can stomach 3-4 nights a week and 50-70 hours weeks. Your average the first few years could be 30-50k and you will need to have money in the bank to get thru tough months. If you make it this is one of the greatest jobs you can have - but only 10% make it.

    Advice to ManagementAdvice

    Be honest in the interview process.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Orlando, FL (US)
    Current Employee - Financial Advisor in Orlando, FL (US)

    I have been working at AXA Advisors full-time (more than 3 years)

    Pros

    Work/Life balance is great.
    Make your own schedule.
    Flexible hours
    Mangers are there if you need to talk.
    Working with experienced Advisors is easy

    Cons

    Have to pay for your own work area. (~$800/month)
    Products are pushed
    Home office is lacking service help

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Not what they advertise it to be

    Former Employee - Financial Advisor in Denver, CO (US)
    Former Employee - Financial Advisor in Denver, CO (US)

    I worked at AXA Advisors full-time (more than a year)

    Pros

    You have the potential to run your own business if you have the network to do it.

    Cons

    They like to promote the company and working there by talking about their intense training program and their large retention rate. The training program is almost non-existent and all but 1 of the people I started with have since moved on.

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