AXA Advisors

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AXA Advisors Reviews

Updated 15 April 2015
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3.1
367 Reviews
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Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
104 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Advisor

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

    I have been working at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexability in making your own hours.

    Cons

    Building a business, takes time and money.

  2. Helpful (1)

    Must be extremely driven to succeed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Financial Professional in Bellevue, WA (US)
    Former Contractor - Financial Professional in Bellevue, WA (US)

    I worked at AXA Advisors as a contractor (less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    - Earn Series 7, 63, and L&D Insurance Licenses in first few weeks
    - Potential for growth and large financial gains
    - Compensation reflects performance

    Cons

    - Not paid for first 2-4 months
    - Must pay for own exam fees and study materials
    - Insurance company so managers push insurance onto clients
    - Start at 50% commission & 24k salary, so conflict of interest with clients

    Advice to Management

    Don't hire as many people and focus on a more select few of qualified and driven individuals. Team managers don't have enough time to maintain own business and train team members.

  3. financial advisor

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

    I have been working at AXA Advisors full-time

    Pros

    Potential to make money is high, can really own your own business and be an entrepreneur

    Cons

    Making any money can take more than 6 months, market is saturated, LOTS of cold calling

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Falls Church, VA (US)
    Current Employee - Financial Advisor in Falls Church, VA (US)

    I have been working at AXA Advisors full-time (more than a year)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Flexible schedule, You have full power to ensure your success. The potential is great if you work hard.

    Cons

    No salary. The benefits here are poor

    Advice to Management

    Have more call lists and programs so the fresh associates can succeed

  6. Financial Professional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor in Troy, MI (US)
    Current Contractor - Anonymous Contractor in Troy, MI (US)

    I have been working at AXA Advisors as a contractor (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great training for those entering the financial service industry.

    Cons

    Lack of true office support.

    Advice to Management

    Provide true office support for it's financial professionals.

  7. Great company if you like sales

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

    I worked at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    They put a lot of time and effort into you, lots of opportunities for joint work, at least one training per week for new advisors

    Cons

    It's sales so if you're not good at that don't bother. There's a 6 month pre-contract period where its' 100% commission based so unless you have a strong support at home you're going to struggle financially. I'm talking weeks without a paycheck or if you finally get one it's like $200. Also, your manager has his team plus his book of business to worry about so unless you're working on a big case it's going to be hard to get them to run appointments with you. And don't think this is a normal 9-5, I was working crazy hours. Like leaving my house at 6 and getting home around 8 or 9.

    Advice to Management

    Make your schedule more open so you can run with your team.

  8. Working at AXA has been very challenging but very rewarding opportunity in my career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional in Falls Church, VA (US)
    Current Employee - Financial Professional in Falls Church, VA (US)

    I have been working at AXA Advisors

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    If you are ready to work very hard than AXA is a place for you. We have superior training, a team atmosphere, and a friendly working environment. Management gives good direction on how to run your business and there is always someone to turn to in times of need.

    Cons

    As with all jobs, it is all about finding the right fit. If you are not ready to work hard, long hours do not join AXA. It is 100% commission which is both a blessing and a curse. If you are not coachable, or do not have a strong work ethic do not apply, however if you do, it is a great place to grow a career.

  9. Helpful (1)

    Made good money before getting burnt out.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Roanoke, VA (US)
    Former Employee - Financial Representative in Roanoke, VA (US)

    I worked at AXA Advisors full-time (more than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive 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

    Advice to Management

    No advice. This is just a job where you must be committed to creating your own success. Can be very rewarding for the right person but boring and tough to tread above water if you're not.

  10. Not for Everyone.

    • 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 full-time (less than a year)

    Pros

    The people working for AXA are some of the best. You will receive great support and truly feel like a part of the team from day 1 in the office. Plenty of room to grow your business if the situation is ideal.

    Cons

    Majority of business comes from 403b market; which lends itself to minimal commissions. It is all luck of the draw as to whether you are assigned a blooming market or a neutral to declining one.

    Advice to Management

    Focus more on tangible business strategies rather than preaching about intangibles. While important, having actual implemented strategies lead to better results than simply teaching someone "How to succeed."

  11. I work in Troy and the management is incredibly supportive and I look forward to continuing to grow as an advisor.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant in Troy, MI (US)
    Current Employee - Financial Consultant in Troy, MI (US)

    I have been working at AXA Advisors full-time (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Both the management and executive management have been very supportive. The atmosphere is awesome and the support staff will go out of their way to help you.

    Cons

    i do not have any cons about this job. Is it hard absolutely, do you work long hours, absolutely, but when you help someone take care of their future, it is very cool.

    Advice to Management

    My advice to management would be to keep doing what you are doing. I don't have anything to say about the CEO bevause I do not know enough to do that.

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