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AXA Advisors

www.axa-equitable.com/axa/careers/axa-advisors.html
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AXA Advisors Reviews

Updated 14 May 2015
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5.0
56 Reviews
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Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
37 Ratings

56 Employee Reviews

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  1. Fantastic intern experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors

    Pros

    Develop outstanding entrepreneurial instincts; good exposure to financial services industry; fun group of people to work with.

    Cons

    You probably only will identify cons if you aren't the type that would enjoy insurance sales and financial planning.

  2. Financial Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Salt Lake City, UT (US)
    Current Employee - Anonymous Employee in Salt Lake City, UT (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    AXA allows you to be your own CEO while backing you with all their resources and training. They work hard to provide all the tools needed to be a successful advisor.

    Cons

    If you don't like working hard, then forget working here.

  3. I work in Troy and the management is incredibly supportive and I look forward to continuing to grow as an advisor.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant in Troy, MI (US)
    Current Employee - Financial Consultant in Troy, MI (US)

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Both the management and executive management have been very supportive. The atmosphere is awesome and the support staff will go out of their way to help you.

    Cons

    i do not have any cons about this job. Is it hard absolutely, do you work long hours, absolutely, but when you help someone take care of their future, it is very cool.

    Advice to Management

    My advice to management would be to keep doing what you are doing. I don't have anything to say about the CEO bevause I do not know enough to do that.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 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.

  6. Helpful (7)

    Excellent opportunity, provided with all that is necessary for success

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Eat what you kill. For those individuals who possess great ambition such as myself, this is the perfect platform to create an income to suit your lifestyle. For those who prefer an average lifestyle making a comfortable base salary, you have entered the wrong industry. "I am a lion; I rather starve in the wilderness than be fed in a cage."

    -Rewarded for your efforts. It is very easy to see the differences in character regarding an employee who makes $35k a year and is destined for failure versus one who makes $700k a year. You WILL make $150k your first year if you are a person who strives for greatness.

    -Not once was an attempt made to tap into my natural market.

    -Great leadership from my manager in developing the habits of successful people. I cannot speak for any other manager, however if you do not feel your manager is up to par I cannot imagine it is too difficult to seek a transition.

    -Team support alongside friendly yet fierce competition.

    Cons

    -Around a 90% turnover rate. If you lack self-motivation and determination, are not hard-working, pessimistic in nature and tend to make excuses on a regular basis--you will fail. Please save your time and find employment featuring a stable salary. This industry is not for the weak of mind, the turnover rate is incredibly high for a reason. If you can envision yourself making the excuses seen in many of the posts on this page, written by failures who cannot own up to their faults--I am speaking directly to you.

    -There are some rotten apples as in any office, it is difficult to understand how some made it through the interview process. Perhaps I shouldn't judge a book by its cover, but laziness is evident from the manner a person dresses and conducts themselves--as well as their attitude towards life.

    -Start up costs among other fees. Not really a con considering these are involved in any business venture in addition to the fact that you are investing in your career and book of clients--but again--this is geared towards those who tend to make an excuse for their own failure. What is $3k to a $1M+ producer? A single fitted suit?

    Advice to Management

    Become slightly more selective in the interview process. I understand the desire for equal opportunity, but simply performing well in an undergraduate program is not enough to identify one who will be successful in the financial services industry.

  7. Axa provides great support and training

    • 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
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Training. Managers care about their advisors. Great platform and products

    Cons

    Not the greatest salary but easy to make money

    Advice to Management

    Require slackers to make more calls

  8. Helpful (1)

    A tough and rewarding career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Financial Representative in Portland, OR (US)
    Current Contractor - Financial Representative in Portland, OR (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Open architecture - While AXA does have proprietary products, I can still go out to the network if needed to provide the best solutions for my clients. AXA was the closest to being an independent as I could find and still have the backing and training of a very large, successful company.
    Autonomy - Schedule your day the way you want. Your success is in your own hands.

    Cons

    Autonomy - being new to the industry I would have liked more one on one mentoring. In the Portland office there are plenty of useful training meetings but you still have to be very self directed.

    Advice to Management

    Set expectations. I knew going in (Thanks to some personal mentors) that this was a very hard industry to break into. I have seen many people come and go but the one thing they had in common was not truly understanding that it takes time to build a successful practice. This business is very rewarding but difficult to start.

  9. Helpful (3)

    Financial Planning Career

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

    I have been working at AXA Advisors full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Highly Supportive Management Team (Endless, great training!)
    -Ability to make A LOT of money (paid for what you do)
    -Flexible Hours (able to go home, kids games, functions whenever I want)
    -Building a business
    -Teamwork and a great culture
    -The Branch that I work in is a Top 10 Branch in the Country
    -Management is very selective in who they hire

    Cons

    -Hard To Get Going (took me 2 years to break 100k, which felt like forever)
    -Worked 60-70 Hours Per Week for 3 Years
    -Management Has High Expectations of Associates (this can be a pro I guess)
    -Can be difficult to "get in"

    Advice to Management

    From my experience the management was fantastic. They helped me get up and running and now act more as a consultant for my business. Each of them have been "through the ranks" and have done what the new advisors are expected to do....they have walked the walk, which I appreciate.

  10. Helpful (1)

    Rewarding!

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

    I have been working at AXA Advisors full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Unlimited potential to build your book of business as fast and as big as you can, unlimited product offerings, great culture of hard work and dedicated advisors

    Cons

    It's very hard at first, starting from scratch and having to learn to be a financial advisor overnight, training program helps overcome a lot of the fear but still hard work

    Advice to Management

    Great culture, management does a good job letting people do their own thing if they're doing well, but also helps people if they are struggling

  11. Helpful (2)

    Upstate New York Branches (Buffalo, Rochester, Syracuse, Albany) provide great support for new advisors

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

    I have been working at AXA Advisors full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Extremely helpful management team, training is consistent and very useful, income can easily be $100,000+ in first year, love being a part of a team, great benefits, fun work environment, get to help out clients and your work day feels meaningful.

    Cons

    It can be a lot of hours in the first few years, but this is more of a career that you are building your own financial planning practice. As time goes on the hours become much less. I know the management team here is very selective in who they bring in, so be prepared to show them you are willing to work in the interview process.

    Advice to Management

    Continue with upward mobility for advisors to become managers and build out their own teams.


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