AXA Advisors

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AXA Advisors Reviews

Updated 11 April, 2015
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3.0
114 Reviews
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AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
19 Ratings

114 Employee Reviews

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  1. Financial Professional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor in Troy, MI (US)
    Current Contractor - Anonymous Contractor in Troy, MI (US)

    I have been working at AXA Advisors as a contractor (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great training for those entering the financial service industry.

    Cons

    Lack of true office support.

    Advice to Management

    Provide true office support for it's financial professionals.

  2. Helpful (1)

    Made good money before getting burnt out.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Roanoke, VA (US)
    Former Employee - Financial Representative in Roanoke, VA (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Challenging, lots of educational opportunities for learning, great support system, pay can be very good if you are committed, no experience is the same. Manager was extremely supportive, helpful and determined to see his employees would succeed. Run your own business. Also opportunities to work and split commissions with experienced senior advisors. If you can find a relationship like this it can be very rewarding both in experiences and money.

    Cons

    Costs associated with employment are very high as you have to pay for most of your technology costs and other items. Not something you can do on your own until you've done joint meetings with a senior advisor for a while to learn how to run meetings on your own. You must be on the phone constantly in order to schedule meetings and create business. Getting licensed can be a challenge if you do not have a business degree or financial services background. Too much freedom if you need direction as you schedule run and operate your own business essentially. Commission can be intermittent to start out with so you must be good at budgeting and saving money. To

    Advice to Management

    No advice. This is just a job where you must be committed to creating your own success. Can be very rewarding for the right person but boring and tough to tread above water if you're not.

  3. Not for Everyone.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Fort Worth, TX (US)
    Former Employee - Financial Advisor in Fort Worth, TX (US)

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

    Pros

    The people working for AXA are some of the best. You will receive great support and truly feel like a part of the team from day 1 in the office. Plenty of room to grow your business if the situation is ideal.

    Cons

    Majority of business comes from 403b market; which lends itself to minimal commissions. It is all luck of the draw as to whether you are assigned a blooming market or a neutral to declining one.

    Advice to Management

    Focus more on tangible business strategies rather than preaching about intangibles. While important, having actual implemented strategies lead to better results than simply teaching someone "How to succeed."

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  5. There are a lot of great people that work here that want you to succeed.

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

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    It is very laid back environment. If you need to take care of a personal issue than you are able to take care of it.

    Cons

    Very unorganized and there is no concise plan for a new hire to succeed.

    Advice to Management

    Have a more clear plan for your new hire to succeed.

  6. All depends on what branch and manager you have

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

    I have been working at AXA Advisors full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    If you have a manager that is devoted to your success and building a team as well as a branch with a culture that breeds success, all you need is to be willing to work hard (12 hour days during week, come in on some weekends).
    Pays off in long run if you are so inclined to work hard.
    Provides superb opportunities for advancement if you are willing to work for it
    Above average compensation package

    Cons

    You're likely not going to make much money in your first 6 months unless you have a strong natural market (friends and family) so you need a support system or money to fall back on until your practice gets up and running.
    Be ready to suffer for 1-4 years before you have a self-sustaining practice.
    Management gears towards selling proprietary products although you are not required to

    Advice to Management

    Stronger vetting process during hiring, I see plenty of people that last less than 3 months because the job wasn't what they thought it was or they weren't qualified.

  7. Financial Advisor

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

    I worked at AXA Advisors

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Good management and friendly if you were a top producer

    Cons

    High fees to work, make you sell annuities,

    Advice to Management

    None.

  8. A great place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Fort Worth, TX (US)
    Former Employee - Financial Advisor in Fort Worth, TX (US)

    I worked at AXA Advisors

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great training and leadership. Benefits are satisfactory and the compensation is straight commission. Be prepared to work hard if you plan to be successful.

    Cons

    The challenge I found after a few years was generating new business. This business requires many referrals and is based on the number of relationships you can develop and maintain.

  9. Decent internship. Unpaid. Not full-time.

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at AXA Advisors as an intern (less than a year)

    Pros

    Easy program. Perfect for sophomore or freshman in college learning to get experience.

    Cons

    Bad management. Program needs a lot more structure.

    Advice to Management

    Create more structured program

  10. It's not for everyone and is what you put into it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Lots of opportunity for growth, and you gain exceptional customer service and interpersonal skills as well as character building. It is a very tough job that requires a lot of self-motivation, so if you stick through it and you're successful, you're very knowledgeable, optimistic, and driven. They're very good at guiding new employees and training them to the best of their ability so that you won't feel like you're being thrown out in the ocean and have to teach yourself to swim on your own.

    Cons

    Like I said in the title, this isn't for everyone. You'll experience a lot of rejections as you learn the trade and practice, and the first year or two requires a lot of grunt work that may not be worth it if your heart/drive is not in it. If you don't enjoy meeting new people and building relationships, then this definitely isn't for you because this career depends heavily on networking and building rapport. Most people quit before 2 years because they are short-sighted and don't see the benefits of the investment in the long run. Your experience also is mostly determined by your manager and not the company overall since he or she will be your mentor. Mine was great, and if I stayed it would mostly be because I didn't want to disappoint him, but the job itself really depressed me so I eventually decided to leave and change career paths.

    Advice to Management

    Be better at screening people and giving them a realistic idea of the job in the beginning so that you don't waste your time training people who will inevitably quit, and they won't waste their time in an endeavor that wasn't suited for them. The type of people who will succeed in this industry is someone who can roll with the punches and gets more motivated when people tell them no. Gauge their work ethic and level of optimism early on.

  11. AXA Advisors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Operations in Sacramento, CA (US)
    Former Employee - Investment Operations in Sacramento, CA (US)

    I worked at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great opportunities for movement /advancement. Good training program.

    Cons

    A little rigid in their structure, corporate culture etc..

    Advice to Management

    Offsite training program excellent.
    Need to improve further training at branch level.

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