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AXA Advisors
2.9 of 5 144 reviews
www.axa-equitable.com New York, NY 1000 to 5000 Employees

AXA Advisors Reviews

Updated Jun 17, 2013

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2.9 144 reviews

                             

75% Approve of the CEO

AXA Advisors Chairman and CEO Henri de Castries

Henri de Castries

(24 ratings)

36% of employees recommend this company to a friend
144 Employee Reviews
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Bad

Anonymous Employee (Former Employee)

I worked at AXA Advisors

ProsThe pros are that the office is in New York, but other than that, none. Unless you like cold calling all day.

ConsNo money at first. All cold calling. Your told you'll make a lot but unless your one of the few who gets lucky, you wont.

No, I would not recommend this company to a friend

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AXA Advisors/AXA Equitable FP

Anonymous Employee (Current Employee)

I have been working at AXA Advisors full-time for more than 7 years

ProsGreat company. Open network to sell many different types of products

Consneed to sell AXA product to get any benefits.

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Great company, great employees, but hard so survive

Financial Consultant (Former Employee)
Falls Church, VA (US)

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

ProsLots of help and assistance from senior advisors

ConsNo base pay, but good commission schedule

Advice to Senior ManagementInstall some sort of base pay.

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

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Great experience and helpful people - working with Elisha Weiss at AXA Advisors

Financial Advisor Intern (Current Employee)
New York, NY (US)

I have been working at AXA Advisors part-time for less than a year

ProsGood and supportive environment to work and helpful people.
You can learn how real financial advisors work at AXA (I've been working for Eli Weiss and Barry Rindenow) that will help you establish your career path.
Solid training program.
I have learned about various financial products.

ConsThe work is not easy, long hours, and sometimes difficult to understand.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Karr Barth/ AXA Advisors Interview Experience

Financial Advisor (Former Employee)
Bala Cynwyd, PA (US)

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

ProsVery nice building. Staff seemed satisfied and content.

ConsThis company goes by Karr Barth Associates and AXA Advisors. They called in about 5 of us for a group interview and gave us more information about the company. Then they said they would be selecting two or three of us to come back. All the other candidates, including myself, had their master's degrees and so did everyone else I spoke with at the company. This gave me a few shreds of hope. I was called in for a second interview to speak with the president and was eventually told that I would have to pay $650-800 to get licensed and that I would have to draw from my "natural market". For those of you who don't know, that is people that you know like your parents, family, and friends. After that, I was told that I could go for 4-5 weeks without receiving a paycheck "due to the peaks and valleys associated with this type of career". Also, they asked that I work until 8pm and come in on weekends because, "It's not a job, it's a career business". Additionally, the president who interviewed me was writing on my resume the entire time I was speaking to him and not making eye contact with me or showing any other social vital signs. I did confirm my third interview (which I will not show up for) to show them that they are not the only ones who can waste other peoples' time.Thanks for the false hope and wasting my gas money. Stay away from this place.

Advice to Senior ManagementGet professional, it will help you not receive reviews like this.

No, I would not recommend this company to a friend

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It's the Luck of the Draw

Financial Professional (Current Employee)

I have been working at AXA Advisors full-time for less than a year

ProsProfessional Development and Training Opportunity

ConsYou have to be lucky to get a good manager

Advice to Senior ManagementBe open to unique employees and their potential. Mold fitting is not always the best policy

Yes, I would recommend this company to a friend

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successful or unsuccessful

Financial Advisor (Current Employee)
New York, NY (US)

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

Prosyou need to be perfect fit and if you are successful, you will be making good money

Consaverage person will not make in this business field

Advice to Senior Managementget rid of pushing employment to target natural market during their trainee and early year in this business.

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

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Volatile

Financial Consultant (Current Employee)

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

ProsAlmost complete schedule flexibility. Lots of interaction with a variety of individuals that you are able to learn from and also educate.

ConsI am comfortable with the idea of production based compensation. The problem is when you have absolutely no control over your level of production! When it comes to money and savings, the more people you meet with does not necessarily translate to higher compensation.

Advice to Senior ManagementThere is something wrong with the current contracts if you analyze how many people are not able to stay with the company after going off of base salary. And when an entire group has low production, don't blame it on the individuals within the group. Obviously, there are other factors at play.

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

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Its been a life changing experience that has helped me build a practice of my own with many advanced resources.

Anonymous Employee (Current Employee)
Edison, NJ (US)

I have been working at AXA Advisors

Pros+ No grid pay structure, same if you are a 50K producer or a 500K producer
+ Allows you to sell what's right for the client not what you can only sell them
+ Opportunities to move up in management
+ Great Benefits for long term investments
+ Marketing and Planning resources provided by branch and company
+ LPL and AXA working together, giving you independence with your investments and the big name of AXA behind you
+ Support in the Edison office from BMs, DMs, and Experienced Advisors

Cons+ just like every other company, difficult to build a business, but just remember to prospect in many ways
+ Exams take time

Yes, I would recommend this company to a friend

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Overall Good Company if Independent Self Starter Personality.

Financial Professional (Former Employee)

I worked at AXA Advisors full-time for more than 3 years

ProsLots of Benefits, Lots of Upside if are good at sales and want tobe a financial planner. Great Health, Dental, 401k, commission structure, stock options, pension & indpendence. People earn anywhere from $25,000 to $500,000 plus.

ConsCompany owns your client base. Company claims as being an independent but pushes you to sell proprietary products via commission structure. Not very team oriented environment.

Advice to Senior ManagementShould give District Managers more incentive to keep reps for long term vs. inheriting their book/client base when leave.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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What we stand for… We connect people in communities with financial services and products that help protect the futures they build for themselves and their families. At AXA Advisors, we work hard to help our financial… Full Overview

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