Made good money before getting burnt out. - Financial Representative Equitable Advisors Employee Review

3.0
Mar 25, 2015
Recommend
CEO approval
Business outlook

Pros

Challenging, lots of educational opportunities for learning, great support system, pay can be very good if you are committed, no experience is the same. Manager was extremely supportive, helpful and determined to see his employees would succeed. Run your own business. Also opportunities to work and split commissions with experienced senior advisors. If you can find a relationship like this it can be very rewarding both in experiences and money.

Cons

Costs associated with employment are very high as you have to pay for most of your technology costs and other items. Not something you can do on your own until you've done joint meetings with a senior advisor for a while to learn how to run meetings on your own. You must be on the phone constantly in order to schedule meetings and create business. Getting licensed can be a challenge if you do not have a business degree or financial services background. Too much freedom if you need direction as you schedule run and operate your own business essentially. Commission can be intermittent to start out with so you must be good at budgeting and saving money. To

Explore other reviews about Equitable Advisors

5.0
Jul 2, 2026
Recommend
CEO approval
Business outlook

Pros

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Cons

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

1.0
Jun 26, 2026
Recommend
CEO approval
Business outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

See reviews by: Helpful|Rating|Date|All