AXA Advisors
2.9 of 5 242 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees

242 Employee Reviews (View Most Recent)

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4 people found this helpful  

Good learning experience, wouldn't recommend

Financial Consultant (Current Employee)

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

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

ConsCommission 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 Senior ManagementIt'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.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

RBG Financial Consultant

Financial Consultant (Current Employee)
Raleigh, NC (US)

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


Pros: Great Experience. Lots of opportunity for customer interaction. My… Cons: Can be hard to succeed depending on your area of the company / how developed relations… Advice to Senior Management: More structure Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
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  • No Opinion of CEO

 

Hostile - Horrible place to learn the business

Financial Advisor (Former Employee)
Albany, NY (US)

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


Pros: The branch structure is designed to really help new people learn and grow in… Cons: The branch I was at had a lot of issues, an absentee Branch Manager… Advice to Senior Management: Take a good look at the branches in New York. No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

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