Overpromising and Underdelivering - Anonymous employee Equitable Advisors Employee Review

2.0
13 Aug 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lots of young collaboration and meetings with different wholesalers

Cons

-Unprofessional management -Underqualified management -Managers want you to ask your friends and family to invest in annuities they have bare minimum knowledge of and push their life insurance to sell -No real finance involved in the job -Improper "onboarding" and training program (complete lack thereof) -You will feel like you're working at a call center which is what they don't tell you in the interviews.

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
26 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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