Great Place to Build a Financial Services Career - Financial Representative Equitable Advisors Employee Review

4.0
4 Mar 2015
Recommend
CEO approval
Business outlook

Pros

After a year of interviewing various large and small financial services firms in the Washington, D.C. area I decided to enter the industry and build my practice with AXA. The leadership of the D.C. branch comes from a position of industry experience and success. It is important to me to have a leadership team that made the commitment to build their own successful financial practices and prove themselves in the industry, so that I can be confident in their guidance and advice in building my own practice. What is very appealing and encouraging with this firm is the office culture is one that emphasizes joint work with experienced advisors, comprehensive training, and most importantly self accountability in building my practice. I'm very happy with my results and experiences at AXA.

Cons

Entering the financial services industry as an advisor working directly with clients is challenging. Challenging not just at AXA, but at any financial firm. This can be frustrating. Work-life balance is tough to start out because it takes time and commitment to build a successful practice. However, once your practice builds momentum the work-life balance improves greatly and provides more flexibility than any other career I have worked in. A challenge that I experienced is that coming on board is not taking a job, but building a practice. That mental shift from being an employee to being a business owner building my financial services practice was a bit of a struggle, but it is essential to understand to be successful.

Explore other reviews about Equitable Advisors

5.0
24 Nov 2025
Recommend
CEO approval
Business outlook

Pros

The education, resources, and support provided provided by leadership at the branch level (regional: OH and IN) and district level (local: Carmel Office) are excellent. If you want the best shot at succeeding in this career you'll be hard-pressed to find a better firm and a better team to do it with.

Cons

The statistics tell a story: As many as 9 in 10 people who become financial advisors are have left the career within their first three years. Its a challenging career path, period. But there are companies with better than average development and retention rates and Equitable is one of them for good reason.

1.0
26 Jun 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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