AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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AXA Advisors Reviews

Updated 23 February 2015
Updated 23 February 2015
110 Reviews
3.0
110 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
110 Ratings

Review Highlights

Pros
  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money) (in 8 reviews)

  • Creating your own work schedule/ Flexible Hours (This is not a 8-5 job) (in 14 reviews)


Cons
  • No base salary, heavy sales focus, no formal training (in 8 reviews)

  • I would suggest buying a book of business, starting from scratch can be daunting (in 6 reviews)

More Highlights

110 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    All depends on what branch and manager you have

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant
    Current Employee - Financial Consultant

    I have been working at AXA Advisors full-time

    Pros

    If you have a manager that is devoted to your success and building a team as well as a branch with a culture that breeds success, all you need is to be willing to work hard (12 hour days during week, come in on some weekends).
    Pays off in long run if you are so inclined to work hard.
    Provides superb opportunities for advancement if you are willing to work for it
    Above average compensation package

    Cons

    You're likely not going to make much money in your first 6 months unless you have a strong natural market (friends and family) so you need a support system or money to fall back on until your practice gets up and running.
    Be ready to suffer for 1-4 years before you have a self-sustaining practice.
    Management gears towards selling proprietary products although you are not required to

    Advice to ManagementAdvice

    Stronger vetting process during hiring, I see plenty of people that last less than 3 months because the job wasn't what they thought it was or they weren't qualified.

    Recommends
    Positive Outlook
  2.  

    Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Good management and friendly if you were a top producer

    Cons

    High fees to work, make you sell annuities,

    Advice to ManagementAdvice

    None.

    Doesn't Recommend
    Negative Outlook
  3.  

    A great place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Fort Worth, TX (US)
    Former Employee - Financial Advisor in Fort Worth, TX (US)

    I worked at AXA Advisors

    Pros

    Great training and leadership. Benefits are satisfactory and the compensation is straight commission. Be prepared to work hard if you plan to be successful.

    Cons

    The challenge I found after a few years was generating new business. This business requires many referrals and is based on the number of relationships you can develop and maintain.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Decent internship. Unpaid. Not full-time.

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at AXA Advisors as an intern (less than a year)

    Pros

    Easy program. Perfect for sophomore or freshman in college learning to get experience.

    Cons

    Bad management. Program needs a lot more structure.

    Advice to ManagementAdvice

    Create more structured program

  6.  

    It's not for everyone and is what you put into it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Lots of opportunity for growth, and you gain exceptional customer service and interpersonal skills as well as character building. It is a very tough job that requires a lot of self-motivation, so if you stick through it and you're successful, you're very knowledgeable, optimistic, and driven. They're very good at guiding new employees and training them to the best of their ability so that you won't feel like you're being thrown out in the ocean and have to teach yourself to swim on your own.

    Cons

    Like I said in the title, this isn't for everyone. You'll experience a lot of rejections as you learn the trade and practice, and the first year or two requires a lot of grunt work that may not be worth it if your heart/drive is not in it. If you don't enjoy meeting new people and building relationships, then this definitely isn't for you because this career depends heavily on networking and building rapport. Most people quit before 2 years because they are short-sighted and don't see the benefits of the investment in the long run. Your experience also is mostly determined by your manager and not the company overall since he or she will be your mentor. Mine was great, and if I stayed it would mostly be because I didn't want to disappoint him, but the job itself really depressed me so I eventually decided to leave and change career paths.

    Advice to ManagementAdvice

    Be better at screening people and giving them a realistic idea of the job in the beginning so that you don't waste your time training people who will inevitably quit, and they won't waste their time in an endeavor that wasn't suited for them. The type of people who will succeed in this industry is someone who can roll with the punches and gets more motivated when people tell them no. Gauge their work ethic and level of optimism early on.

  7.  

    AXA Advisors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Operations in Sacramento, CA (US)
    Former Employee - Investment Operations in Sacramento, CA (US)

    I worked at AXA Advisors

    Pros

    Great opportunities for movement /advancement. Good training program.

    Cons

    A little rigid in their structure, corporate culture etc..

    Advice to ManagementAdvice

    Offsite training program excellent.
    Need to improve further training at branch level.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Opportunity to learn about investment products and the profession in general

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Los Angeles, CA (US)
    Current Employee - Intern in Los Angeles, CA (US)

    I have been working at AXA Advisors part-time (less than a year)

    Pros

    I heard other branches just give busy work for interns to do but my supervisor actually spent time teaching about the industry and investment products. Good place to start your internship experience

    Cons

    Unpaid internship. Not very organized. Busy work did not teach much. Schedule changes are frequent

    Advice to ManagementAdvice

    Pay interns when they're doing your work

    Recommends
    Neutral Outlook
  9. 1 person found this helpful  

    Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at AXA Advisors

    Pros

    Great work environment, support staff is friendly and always helpful. Flexible schedule

    Enjoy working with most of the people within my group.

    Good place to start

    Cons

    Lack of training in all areas, as far as product is concerned. Lack of manager knowing some basics. Older reps dont want to work with newer ones to keep building their books of business

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Great Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors

    Pros

    Training was exceptional. love it

    Cons

    Long Hours but it pays off

    Approves of CEO
  11.  

    great stepping stone

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Overland Park, KS (US)
    Former Employee - Financial Advisor in Overland Park, KS (US)

    I worked at AXA Advisors full-time (more than 3 years)

    Pros

    the office culture was great, for a few years. The team that was initially in place worked very well together and it made work activities as well as outside work functions enjoyable. The training was second to none, they made sure you understood the model and how to implement it.

    Cons

    the contracts are not structured toward your advantage as a sales rep, its a constant grind as any sales job is. Once you start to get to a point were your production out paces the contract you will have no choice but to find an independent broker dealer to really advance your career if sales is where you stay.

    Advice to ManagementAdvice

    management pried a little to much into the day to day.

    Recommends
    Positive Outlook
    No opinion of CEO

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