AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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There are newer employer reviews for AXA Advisors

 

Hard working, very successful group of talented people.

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at AXA Advisors

Pros

Everyone is great to get along with and knows how to help.

Cons

Can't seem to find any cons.

351 Other Employee Reviews for AXA Advisors (View Most Recent)

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  1. 4 people found this helpful  

    Good learning experience, wouldn't recommend

    • 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 (more than 3 years)

    Pros

    Lots of resources, strong insurance brands, LPL Financial Brokerage Platform

    Cons

    Commission Only, Extremely high cost to operate your practice (at least 20-30k per year), Nickel and dimed for supbar technology and marketing material. No formal training program with a focus on small account production. Compensation & Benefits are too tied to your insurance production. They claim independent open-architecture but the only products they really want you to sell is AXA Equitable Life Insurance and Annuities.

    Advice to ManagementAdvice

    It's not AXA Equitable, it's AXA Advisors. Insurance is not the end all be all for financial planning. Invest in your producers with a base salary and stop charging them for everything. Also, train your producers to build a pipeline of prospects with minimum asset levels. They spend far too much time servicing non profitable clients with under 100k in assets and don't have the platform to support HNW clients. They can't live and die by VUL and VA's because post financial crisis clients expect a lot of liquidity and are very fee conscious.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Hostile - Horrible place to learn the business

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

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

    Pros

    The branch structure is designed to really help new people learn and grow in the business. Training in various locations throughout the country is always a nice perk.

    Cons

    The branch I was at had a lot of issues, an absentee Branch Manager and zero support. Orphaned clients have talked about a "revolving door" of advisors.

    Advice to ManagementAdvice

    Take a good look at the branches in New York.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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