AXA Advisors

  www.axa-equitable.com
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AXA Advisors Reviews

Updated 18 August 2014
Updated 18 August 2014
284 Reviews

3.3
284 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
77 Ratings

Review Highlights

Pros
  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money) (in 8 reviews)

  • Flexible hours most of the time (in 13 reviews)


Cons
  • No base salary offered in Manasquan (in 8 reviews)

  • Sell to family and friends" marketing mentality (in 6 reviews)

More Highlights

Employee Reviews

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  1.  

    advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  Chicago, IL (US)
    Former Employee - Financial Advisor in Chicago, IL (US)

    Pros

    great place to work good people

    Cons

    money not great but if you work hard you can make bank

    Advice to ManagementAdvice

    be willing to put in time

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Lots of potential & good training but have deep pockets for your first few years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant
    Former Employee - Financial Consultant

    Pros

    It all depends on the manager of the branch. No company can dictate the culture of a local agency, so check out your VP and local culture. My branch was big on joint work, so expect to split commissions. Good training for those new to the business, company paid travel to training in NY during 2nd year. Good wholesalers, insurance and investment. Good products with option to go outside brokerage (limited crump) on insurance products if needed. Technology is decent, e-apps and salesforce. LPL is behind on adapting site to iPad.o

    Cons

    Brand recognition in US, which can be important to newbies, continues to be a challenge. Expenses can be high (E&O, appointments, limited free marketing materials, purchase your own computer & stationary, LPL fees, etc). Training was REQUIRED in my branch even if you don't need it, until you hit certain production numbers.
     Joint work is great training, but check out your work partner on FINRA broker check. I didn't and lost a big client (1m aum) because my "expert" joint work partner had a client complaint and I didn't know about it.
    Need a STRONG natural market to approach or lack of filters. Orphan clients have been recycled many many times.

    Advice to ManagementAdvice

    training is good, incorporate some how to run a business (my VP didn't know much about home office deductions for statutory employees). Develop customized training at local branch level to avoid wasting time in training when it's not needed.
    senior company execs can seem a tad conceited - introducing themselves to a room of 100+ advisors with their first names when we have no idea who they are or their position, seemed like we were expected to know.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    make sure you're ready

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    great products great company one of the largest finance companies in the world.

    Cons

    its difficult to get started in this industry make sure you are ready when considering this as a career choice.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    growing experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Los Angeles, CA (US)
    Former Employee - Anonymous Employee in Los Angeles, CA (US)

    Pros

    Despite the cons, it's definitely a place where you'll experience the most character development. It'll force you to either give up the comfort of a high paycheck in the beginning or to have you reach out and network with people you never thought you would talk to for life. But through these processes, it's personal growth and relationship building, whether you made a sale or not at the end of the day. Plus as AXA advertises, it's not about selling but about helping, which I genuinely believe it's true otherwise I would've never even stepped in this industry if the company or the industry is not filled with people who are kind at heart. I was there for 6 months but I believe I've seen both the goods and the bads. I still believe given the motivation and passion in insurance and retirement planning and a kind heart, you will succeed. Also you will meet some of the smartest coworkers because they all have good degrees. Despite the fact that most people don't make it, those that do are high-achieving and intelligent.

    Cons

    It's more on you to make a difference. Not so much relying on the manager or the company to push you. No parking. No base salary in the beginning. A lot of cold-calling before successfully building that referral network.
    Definitely not for everyone.

    Doesn't Recommend
  6. 1 person found this helpful  

    Lacking professionalism

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

    Pros

    The ability to build a network. Learn about front-office work. Flexible hours. Great location in Midtown.

    Cons

    Office culture: lacking professionalism. Testosterone-filled. Loud, inappropriate banter. Inappropriate dress-code. Unpaid. Indifferent managers who want to maximize profit earning potential. Leaves intern with mundane business development work where the intern does not gain any knowledge.

    Advice to ManagementAdvice

    Treat employees and interns better. Don't hire incompetent employees who spend more time gossiping than working.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    If you work hard you will be compensated.

    • 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)

    Pros

    Growth, Independence, Sales Driven, Pays well

    Cons

    Not much help, Need to work with others

    Advice to ManagementAdvice

    Give the younger guys more tools for success

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good

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

    Pros

    Biggest financial company in the world

    Cons

    No warm market, need to find it by your owe

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Marketing and Recruiting Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing and Recruiting Intern  in  Baltimore, MD (US)
    Current Employee - Marketing and Recruiting Intern in Baltimore, MD (US)

    Pros

    I assist the Marketing and Recruiting Director in all aspects of the job. She is an extremely creative and talented social media guru. She has been very trusting in assigning me with important, time-sensitive projects and has taught me valuable skills in all aspects of the job. Schedules are very flexible. State-of-the-art training program prepares new employees to be extremely successful.The branch provides this training for free and hosts weekly training seminars on how to utilize social media to spread brand awareness.

    Cons

    You definitely have to work hard to be successful, but they provide the stepping stones one would need to prosper here. The hard work literally pays off, you just have to be willing to put the effort in.

    Advice to ManagementAdvice

    It may be beneficial to create a position solely for a Recruiting Director. It's extremely time consuming and difficult to manage all aspects of marketing and recruiting for the entire branch and its detached offices.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    I've worked at a competitive firm in the past, there is no comparison.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    Pros

    Great training, great people, endless support, huge wealth building benefits, and a fun place to be a part of. Family culture, winning attitude, and competitive but team oriented environment.

    Cons

    It can be tough to get up and running, but once your going it's worth it.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Investment Management intern

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

    Pros

    1. Know people who work there.
    2. Get the hand-on experience on cold calls.

    Cons

    1.Everyday you just did the same job.

    Advice to ManagementAdvice

    This company should provide more opportunities to international students.

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