AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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Hard working, very successful group of talented people.

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at AXA Advisors

Pros

Everyone is great to get along with and knows how to help.

Cons

Can't seem to find any cons.

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  1. Helpful (4)

    Good learning experience, wouldn't recommend

    • 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 (more than 3 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Lots of resources, strong insurance brands, LPL Financial Brokerage Platform

    Cons

    Commission Only, Extremely high cost to operate your practice (at least 20-30k per year), Nickel and dimed for supbar technology and marketing material. No formal training program with a focus on small account production. Compensation & Benefits are too tied to your insurance production. They claim independent open-architecture but the only products they really want you to sell is AXA Equitable Life Insurance and Annuities.

    Advice to Management

    It's not AXA Equitable, it's AXA Advisors. Insurance is not the end all be all for financial planning. Invest in your producers with a base salary and stop charging them for everything. Also, train your producers to build a pipeline of prospects with minimum asset levels. They spend far too much time servicing non profitable clients with under 100k in assets and don't have the platform to support HNW clients. They can't live and die by VUL and VA's because post financial crisis clients expect a lot of liquidity and are very fee conscious.

  2. Your average insurance company

    • Career Opportunities
    Former Intern - Intern in Los Angeles, CA (US)
    Former Intern - Intern in Los Angeles, CA (US)

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

    No opinion of CEO
    No opinion of CEO

    Pros

    Generally friendly people. There is no office politics because everyone is on their own. Like all insurance business the reward is substantial if you do it well, and you don't really need to come to office

    Cons

    Office has poor ventilation. Low starting wage. If you don't fill targets you're in deep trouble.

    Advice to Management

    Renovate the office. It's not 1980s

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