AXA Advisors

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AXA Advisors Reviews

Updated 21 April 2015
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Employee Reviews

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  1. Sale, Sale, Sale

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in New York, NY (US)
    Current Employee - Financial Representative in New York, NY (US)

    I have been working at AXA Advisors (More than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    there are no pros, they don't help you get clients, the training is a joke, and they fire you if you don't hit quotas also they have a big turn over rate.

    Cons

    you must pay for you licenses and they only reimburse a 80% and managers are there to take advantage of you.

  2. 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    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 Management

    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.

  3. Good but not professional

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

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

    Pros

    The office atmosphere is comfort and friendly. It's a good place for people like to talk with others and wanna be a financial advisor. But not provide visa sponsor for international student.

    Cons

    You need try your best to get as much info about potential clients. The process is very boring, but you have to be patient and keep working.

    Advice to Management

    People wanna work as a financial advisor needs to get some license to access to the position.

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  5. Worked for the company for almost two years. Training was minimal. No local growth opportunities.

    • 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 (More than a year)

    Pros

    Benefits were good Initially work life balance was good.

    Cons

    Revolving door. Lack of Training. Very small raises.

  6. do not work here

    Former Employee - Financial Consultant
    Former Employee - Financial Consultant

    I worked at AXA Advisors

    Pros

    the only pro from axa is that it allows for anyone to get their licenses so they can go get a job somewhere else

    Cons

    Working here is a waste of time as it is more of a pyramid scheme than an actual job itself

    Advice to Management

    carefully pick who you chose to be leaders in the company, some of them tend to do some very shady stuff that could end up coming back to them.

  7. Helpful (1)

    AXA Advisors - Great opportunity for growth and a sustainable financial services practice.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fianicial Professional in Morristown, NJ (US)
    Current Employee - Fianicial Professional in Morristown, NJ (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Scalable Business Model
    Great Benefits (401K, Health, Alternative Platforms)
    Unlimited Pay
    Mentorships
    Family Office Environment
    Flexible Time Schedule

    Cons

    Difficult startup for your practice
    No Salary (complicated)
    Confusing products and services
    If not pursued properly; Limited Education
    Not the "sexiest" financial organization.

  8. 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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Good management and friendly if you were a top producer

    Cons

    High fees to work, make you sell annuities,

    Advice to Management

    None.

  9. 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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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.

  10. Greatest company I've worked for so far

    • 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
    Recommends

    Pros

    Excellent career growth and income potential

    Cons

    We've experienced some issues with our computer systems

  11. If You Want to Be Another Muppet, Join This Company!

    • Comp & Benefits
    Former Employee - Anonymous Employee in New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)

    I worked at AXA Advisors

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Free pizza every Wednesday, you get to dress up in nice, fancy suits and stay in a "hotel" for up to six months!

    Cons

    Prey on people's fear and greed, hours are not flexible and you are not the owner of your business as the hiring manager purported to be when you were first courted, cold calling and new recruit turnover is high.

    Advice to Management

    Manipulation does not work in the end.

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