Worst company any entry level advisor could work for. - Financial Advisor Equitable Advisors Employee Review

1.0
5 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Little to none. You have a lot of free time.

Cons

Zero structure, zero training, zero support or help. They basically make you pay for your own background check and licenses, then make you call everyone you’ve ever met to try and get them to invest at Equitable. They say it’s a fiduciary but all the do is try and sell them annuities. Then after you’ve convinced any family and friends to invest they give you a Zoominfo login and have you make cold calls every day u til you hate your life. Basically tell you to lie on the phone and say they do financial planning when in reality it’s just convincing people to buy annuities or permanent life insurance. If you are new to the industry please do not work here. It will set your career back 6 months or more. Find a firm with a junior advisor program. You will reciente almost no training here and won’t make much money if any unless you’re from a well off family or have wealthy friends willing to move their investments over. Meanwhile your team leader takes a cut from all of your work and does nothing to help.

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Equitable Advisors Response
3y
Thank you for taking the time to leave us a review. We offer support and training, but at the same time each financial professional is responsible for building their own book of business. Many find this entrepreneurial environment rewarding, especially as it leads to building relationships and trust with your clients and having impact within your community. We offer a formal mentorship program, the Gold Mentor Program, where the talents and knowledge of new Financial Professionals are partnered with the experience and skills of some of our most successful producers. Also, we provide reimbursement of licensing expenses upon contracting. We are proud of our Financial Professional retention and development among our industry peers!

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.

2.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Accessible stepping stone into the industry. Flexibility

Cons

Little transparency for employees, high pressure annuities and insurance sales with little real education or support on product or sales practice knowledge. Expect long hours while you learn to do recordkeeping and support work on your own while trying to meet goals that make sense for someone with a few years of prior experience, staff to help with paperwork and recordkeeping, and a decent lead funnel. You may not get any of these depending on branch and territory but you will still have a performance goal to keep your base pay and benefits that feels absurd to the new entrants they primarily target for recruitment.

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