AXA Advisors

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

Updated 26 April, 2015
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Employee Reviews

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  1. Helpful (1)

    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

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

    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 Management

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

  2. Helpful (1)

    Think twice

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

    I have been working at AXA Advisors

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

    Pros

    Teaches you to present materials professionally and build lasting relationships with clients.

    Cons

    Everything else. Management here is a joke. Once you leave and a client decides to cancel their contract, AXA bills you for the advanced commissions. That's not a problem and I agree money should be reimbursed. However, agents who take over your newly acquired client may churn the account (cancel their existing account and make them open another one within AXA to increase their application count to meet the monthly quota) or simply give bad service making the client want to transfer to a better institution.

    Advice to Management

    Don't just concentrate on one or two of your favorites. Spend more time going over technical information regarding the products you sell.

  3. Helpful (1)

    Work Environment

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

    I have been working at AXA Advisors

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

    Pros

    Great work environment, support staff is friendly and always helpful. Flexible schedule

    Enjoy working with most of the people within my group.

    Good place to start

    Cons

    Lack of training in all areas, as far as product is concerned. Lack of manager knowing some basics. Older reps dont want to work with newer ones to keep building their books of business

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  5. Great Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors

    Approves of CEO
    Approves of CEO

    Pros

    Training was exceptional. love it

    Cons

    Long Hours but it pays off

  6. Helpful (1)

    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)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    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 Management

    N/A

  7. 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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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.

  8. Great Company

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

    I have been working at AXA Advisors

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

    Pros

    Good work/life balance

    amazing culture at branches and people are overall friendly

    Cons

    Not enough compensation

    Hard to build a client book

    Advice to Management

    keep up the good work

  9. 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

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

    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 Management

    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.

  10. great stepping stone

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

    I worked at AXA Advisors full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    the office culture was great, for a few years. The team that was initially in place worked very well together and it made work activities as well as outside work functions enjoyable. The training was second to none, they made sure you understood the model and how to implement it.

    Cons

    the contracts are not structured toward your advantage as a sales rep, its a constant grind as any sales job is. Once you start to get to a point were your production out paces the contract you will have no choice but to find an independent broker dealer to really advance your career if sales is where you stay.

    Advice to Management

    management pried a little to much into the day to day.

  11. Good products, not great brand recognition, mediocre training/mentoring

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

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

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

    Pros

    Great products and the ability to sell non-proprietary life insurance and annuities when appropriate for a client. Work-life balance is challenging, if you're starting from the beginning.

    Cons

    Very little monetary support; your on full commission within 3 months of starting, and you have to meet minimums to even be offered a contract. Quality of training/mentoring can vary widely; not sure they really train their sales managers at all. To really be of full-service to your clients, you need to spend money on broker/dealer access, etc.

    Advice to Management

    Really be up front with new reps on what it's going to take. Train sales managers/mentors on how to train and support new reps.

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