Lots of potential & good training but have deep pockets for your first few years - Financial Consultant Equitable Advisors Employee Review

3.0
Jun 4, 2014
Recommend
CEO approval
Business outlook

Pros

It all depends on the manager of the branch. No company can dictate the culture of a local agency, so check out your VP and local culture. My branch was big on joint work, so expect to split commissions. Good training for those new to the business, company paid travel to training in NY during 2nd year. Good wholesalers, insurance and investment. Good products with option to go outside brokerage (limited crump) on insurance products if needed. Technology is decent, e-apps and salesforce. LPL is behind on adapting site to iPad.o

Cons

Brand recognition in US, which can be important to newbies, continues to be a challenge. Expenses can be high (E&O, appointments, limited free marketing materials, purchase your own computer & stationary, LPL fees, etc). Training was REQUIRED in my branch even if you don't need it, until you hit certain production numbers. Joint work is great training, but check out your work partner on FINRA broker check. I didn't and lost a big client (1m aum) because my "expert" joint work partner had a client complaint and I didn't know about it. Need a STRONG natural market to approach or lack of filters. Orphan clients have been recycled many many times.

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.

2.0
Jun 24, 2026
Recommend
CEO approval
Business outlook

Pros

Accessible stepping stone into the industry. Flexibility

Cons

Little transparency for employees, high pressure annuities and insurance sales with little real education or support on product or sales practice knowledge. Expect long hours while you learn to do recordkeeping and support work on your own while trying to meet goals that make sense for someone with a few years of prior experience, staff to help with paperwork and recordkeeping, and a decent lead funnel. You may not get any of these depending on branch and territory but you will still have a performance goal to keep your base pay and benefits that feels absurd to the new entrants they primarily target for recruitment.

See reviews by: Helpful|Rating|Date|All