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AXA Advisors
2.9 of 5 139 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees
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AXA Advisors Reviews

Updated May 12, 2013

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2.9 139 reviews

                             

82% Approve of the CEO

AXA Advisors Chairman and CEO Henri de Castries

Henri de Castries

(22 ratings)

37% of employees recommend this company to a friend
139 employee reviews
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  • Comp & Benefits
         
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Current Employee – been working at AXA Advisors full-time for less than a year

ProsProfessional Development and Training Opportunity

ConsYou have to be lucky to get a good manager

Advice to Senior ManagementBe open to unique employees and their potential. Mold fitting is not always the best policy

Yes, I would recommend this company to a friend

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New York, NY (US)

Current Employee – been working at AXA Advisors full-time for more than 3 years

Prosyou need to be perfect fit and if you are successful, you will be making good money

Consaverage person will not make in this business field

Advice to Senior Managementget rid of pushing employment to target natural market during their trainee and early year in this business.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Current Employee – been working at AXA Advisors full-time for more than 3 years

ProsAlmost complete schedule flexibility. Lots of interaction with a variety of individuals that you are able to learn from and also educate.

ConsI am comfortable with the idea of production based compensation. The problem is when you have absolutely no control over your level of production! When it comes to money and savings, the more people you meet with does not necessarily translate to higher compensation.

Advice to Senior ManagementThere is something wrong with the current contracts if you analyze how many people are not able to stay with the company after going off of base salary. And when an entire group has low production, don't blame it on the individuals within the group. Obviously, there are other factors at play.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Edison, NJ (US)

Current Employee – been working at AXA Advisors

Pros+ No grid pay structure, same if you are a 50K producer or a 500K producer
+ Allows you to sell what's right for the client not what you can only sell them
+ Opportunities to move up in management
+ Great Benefits for long term investments
+ Marketing and Planning resources provided by branch and company
+ LPL and AXA working together, giving you independence with your investments and the big name of AXA behind you
+ Support in the Edison office from BMs, DMs, and Experienced Advisors

Cons+ just like every other company, difficult to build a business, but just remember to prospect in many ways
+ Exams take time

Yes, I would recommend this company to a friend

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Former Employee – worked at AXA Advisors full-time for more than 3 years

ProsLots of Benefits, Lots of Upside if are good at sales and want tobe a financial planner. Great Health, Dental, 401k, commission structure, stock options, pension & indpendence. People earn anywhere from $25,000 to $500,000 plus.

ConsCompany owns your client base. Company claims as being an independent but pushes you to sell proprietary products via commission structure. Not very team oriented environment.

Advice to Senior ManagementShould give District Managers more incentive to keep reps for long term vs. inheriting their book/client base when leave.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Former Employee – worked at AXA Advisors

ProsManagement is understanding and capable. Lots of room to move around and gain exposure in a difficult financial services industry.

ConsFinancial services is a really difficult industry to get established in. I would suggest buying a book of business, starting from scratch can be daunting.

Yes, I would recommend this company to a friend

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New York, NY (US)

Former Employee – worked at AXA Advisors

Proslarge firm, lots of people, good name, and thats all i can really say on the good side of this company

Conseverything else in the company is bad. not transparent at all. too many fees invovled for start up, and management doesnt care about you

Advice to Senior Managementbe up front with everything that you explain to new hires and not give them a false sense of hope

No, I would not recommend this company to a friend

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Current Employee – been working at AXA Advisors

ProsFun and inviting environment, which you can and learn and grow fast

ConsCan't move up in the ladder that quick your first few years in the company

Advice to Senior ManagementNone

No, I would not recommend this company to a friend

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Philadelphia, PA (US)

Current Employee – been working at AXA Advisors

ProsCompensation is good
staff is friendly
Open to new employee prospects

Constough starting out of school

Advice to Senior Managementdon't just hire everyone

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New York, NY (US)

Former Employee – worked at AXA Advisors

ProsGood experience for college student just starting out and without any real experience

ConsNot much for interns to do other than make calls.

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What we stand for… We connect people in communities with financial services and products that help protect the futures they build for themselves and their families. At AXA Advisors, we work hard to help our financial… Full Overview

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