AXA Advisors

  www.axa-equitable.com
  www.axa-equitable.com
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AXA Advisors Reviews

Updated 12 September, 2014
Updated 12 September, 2014
288 Reviews
3.2
288 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
78 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)

  • Flexible hours most of the time (in 13 reviews)


Cons
  • No base salary offered in Manasquan (in 8 reviews)

  • Sell to family and friends" marketing mentality (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Decent place to work, have to be self motivated though.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management Assistant  in  Stamford, CT (US)
    Former Employee - Management Assistant in Stamford, CT (US)

    I worked at AXA Advisors part-time for more than a year

    Pros

    Supportive network of an international firm, in-house training, certification sponsorship (for series 7 ect)

    Cons

    Not well known publicly, which is an important thing for a financial management firm to get a reputation so, you know, people will invest with you. And its commission based salaries for the most part so good luck building up that book of business to gain a decent earnings.

    Advice to ManagementAdvice

    The Hamden office has it right, others lack energy or functional organization.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Great Place to Build a Career

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

    I have been working at AXA Advisors full-time for more than 10 years

    Pros

    Entrepreneurial business model allows me to serve my client's best interests and grow my practice. AXA provides a platform for advisors to give feedback to senior management. The company also invests heavily to make us leaders in a digital environment.

    Cons

    Like any entrepreneurial business, the career requires a lot of hard work and can frustrate those who are not willing to commit the effort needed to create a successful practice.

    Advice to ManagementAdvice

    Continue investing in digital and technology so we can remain leaders.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great job for the right person

    • 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 for more than 3 years

    Pros

    Training is the best in the industry

    Cons

    Its a tough job. Requires diligence and perseverance.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Good company. You get out of it what you put into it.

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

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

    Pros

    Good training with a very helpful staff and management. Strong sales method. If you follow their sales training to the end, you should be successful.

    Cons

    AXA Advisors tries to position itself and a balanced non-biased financial planning firm. However, it needs to be made very clear that they are in the business of selling life insurance.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Hard to start, big upside

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

    I worked at AXA Advisors as a contractor for less than a year

    Pros

    If you already have a book of business you can really scale

    Cons

    No salary to help getting started

    Advice to ManagementAdvice

    Give small salaries to employees coming out of college while they build a rolodex of clients.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Hit and Miss

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

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

    Pros

    Good product mix to offer customers and there are some decent advisors that are willing to partner with you knowing that it benefits them and the company.

    Cons

    Ultimately you are on an island. For all the talk of great training, reputation, and support you are expected to do the classic "hit up your family/friends/previous co-workers" to get business and then work on referrals. You will find that on the insurance side that there is a long time frame before you get paid. very frustrating

    Advice to ManagementAdvice

    Take some ownership with the people you bring in the company because the place is turnover-city. Brutal the way people work hard and nobody seems to care if they stay: stop parroting the company line and the formula for success when it really depends upon the partnership of senior advisors working with new people to get them through the first 2 years while they develop their own personal markets.

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

    Good experience, but moving on

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

    I worked at AXA Advisors full-time for more than 3 years

    Pros

    It was a good place to start after college. Learned a lot about different product platforms and underwriting process. Was able to arrange time off to travel.

    Cons

    It feels as though you never "arrived" or accomplished anything since the tasks/processes are continual. Also bad pay and benefits are at the whim of the employer you work for.

    Advice to ManagementAdvice

    An HR department and corporate to invest in administrative support for Advisors. Advisors are great at seller, but more often than not bad at managing.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    If it sounds too good to be true, it's probably not true...

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

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

    Pros

    You can definitely make a lot of money, if you choose to focus on the life insurance side of the business (which they heavily encourage/promote). It really does feel like running your own business, complete autonomy.

    Cons

    One of the most challenging career choices one can take on, very high fail rate. You will burn through you savings/ go into debt just to get started since its commission based. Predominated focuses on risk management/insurances.

    Advice to ManagementAdvice

    Don't hire recent college grads since most don't have savings to give them fair chance to get started in the business.

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

    Take Initiative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern  in  Los Angeles, CA (US)
    Current Employee - Intern in Los Angeles, CA (US)

    I have been working at AXA Advisors as an intern

    Pros

    Great people to work with and it's a nice balance between professionalism and having fun. As an intern you aren't disrespected and you can become part of the team if you want to be. Do your work, don't complain and they'll appreciate you, the work isn't too complicated. You can attend client meetings as well, but you have to ask-again take initiative. They are very lax with students and you can rearrange your schedule, they don't mind if you take a day off or two for tests or other things.

    Cons

    There isn't really much formal training so you have to quickly pick up things yourself and take initiative to learn. Also the internship isn't really on a track for a financial advisor role, I look at it more as a way to potentially get hired or make connections. Again if you want to learn things about being an advisor you have to take initiative and ask A LOT of questions.
    If you aren't into learning or selling insurance, this isn't the right place to learn about other investment services. Yes they do money management and other things, but it is very limited and again you to have actively search for someone who actually does those things and work with them.
    Sometimes it's hard to look at your day and say "wow I just gained an invaluable amount of knowledge", but then again you are just an intern.. This goes back to the grooming aspect

    Advice to ManagementAdvice

    Work with interns to grow them into the advisors you want them to be. It's almost like you're expecting them to leave, when you should be courting them to stay. There are may areas for improvement that the branch can take:
    -utilize intern to make you more money, phone calls, scheduling reviews, gathering client information
    -Stress how much money you can make from a given client or case
    -Make them smarter and more knowledgeable than when they walked in by providing classes/presentations specifically for interns.

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Bad experience waste of time

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

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

    Pros

    Big company. Not many pros unfortunately. Great location.

    Cons

    many false promises to get you in. Didnt deliver promises. Left you alone to do business like independent not office support as promised. Push there products not real full service and brokerage as claimed.

    Advice to ManagementAdvice

    Get a new manager. Get new life in the office. Do you really want to grow with new people? or just numbers game.

    Doesn't Recommend
    Disapproves of CEO

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