OK Opportunity - Financial Consultant Equitable Advisors Employee Review

2.0
3 Sept 2010
Recommend
CEO approval
Business outlook

Pros

AXA will pay you very well once you start under contract, which can take up to three months. You usually make 3% of all the money you bring in, depending on what you are selling. Company is very focused making your numbers. You can either choose a salary($24,000) plus 50% commissions or all commissions plus bonus. Some make over $500,000.

Cons

You do not get paid for the months before you sign your contract other than any commissions. I went three months before collecting any money. It is very political and older advisors tend to rule the building.

Explore other reviews about Equitable Advisors

5.0
2 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Cons

Support staff are more hands off, not a lot of in house support staff members.

1.0
8 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good place for career changers to get financial licenses (they will license anybody)

Cons

Very bad pay model for new hires- will tell you 6% commissions on certain products but then you have to kick up 10% to your manager and the other half of what's left to whoever is working w you because they make you go out in pairs...and mostly seem want to get ahold of all your friends and family for sales you can't participate on without the 66....but you have no time to study that bc you are too busy selling for the products that don't require it to make quota, as your clock starts when you pass the 7, so pretty much they just want your people. It's very eat what you kill, and then only after it's been picked over.... which is fine if you're young with no obligations, but not great if you have a family. If you were an existing advisor and had your own book/contacts it could work. Otherwise get your licenses, learn a little, but don't be afraid to move on to other opportunities.

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