Stay Away!!!! - Sales Equitable Advisors Employee Review

1.0
Sep 6, 2022
Recommend
CEO approval
Business outlook

Pros

None that would be willing to share.

Cons

Yearly you have to qualify and meet sales criteria for a low percentage of benefits (with high premiums) and the ability to contribute to your 401k. That is correct! If your sales do not meet certain criteria, you cannot contribute to your 401k. That does not make sense. Pays 55% on permanent life products or 65% on term. This is low compared to competitors. Their Sales Management position criteria is SOLELY based on activities. You could have been a Home Depot cashier, but if you meet their sales criteria, you are a Vice President. It's pathetic and misleading for the clients. Recently sued $50 Million Dollars by SEC and all they want to do is hide their fees from clients by telling them to go look at your prospectus, rather than doing the right thing and placing fees on the statements.

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 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.

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