Decent Products - Terrible Management/Business Practices - Financial Advisor Equitable Advisors Employee Review

2.0
Jul 16, 2013
Recommend
CEO approval
Business outlook

Pros

They train you quite a bit on the axa annuity and life insurance products. They are not so apt to train you in asset management (less revenue producing). They are good at ensuring management makes as much money from you as possible before you struggle and fall out of the business.

Cons

They are a greedy company. Management is all about their bottom line, not about producing strong all around producers. They will make you target your family as opposed to setting up a support structure around external sources. THEY WILL HOUND YOU AFTER YOU LEAVE THE COMPANY FOR ANY PAYMENT FOR POLICIES LAPSED EVEN 4 YEARS AFTER I LEFT THE COMPANY. I am not a person who would have someone buy a policy to drop it right after I left the company, but they have had these experiences in the past. BE AWARE - THEY WILL SEND LAWYERS AFTER YOU REGARDLESS OF YOUR TIME AWAY FROM THE COMPANY. I CANNOT RETAIN CLIENTS WHEN I NO LONGER WORK FOR THE COMPANY! It is the company's responsibility to retain clients after their costs and business practices force you out of the business.

Explore other reviews about Equitable Advisors

5.0
Apr 2, 2026
Recommend
CEO approval
Business outlook

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Cons

Support staff are more hands off, not a lot of in house support staff members.

1.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

Good place for career changers to get financial licenses (they will license anybody)

Cons

Very bad pay model for new hires- will tell you 6% commissions on certain products but then you have to kick up 10% to your manager and the other half of what's left to whoever is working w you because they make you go out in pairs...and mostly seem want to get ahold of all your friends and family for sales you can't participate on without the 66....but you have no time to study that bc you are too busy selling for the products that don't require it to make quota, as your clock starts when you pass the 7, so pretty much they just want your people. It's very eat what you kill, and then only after it's been picked over.... which is fine if you're young with no obligations, but not great if you have a family. If you were an existing advisor and had your own book/contacts it could work. Otherwise get your licenses, learn a little, but don't be afraid to move on to other opportunities.

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