Please Read Before Considering - Financial Professional Equitable Advisors Employee Review

1.0
Aug 1, 2020
Recommend
CEO approval
Business Outlook

Pros

They will act very nice towards you. (For reasons that will benefit them)

Cons

They will interview you and make it feel like if you put in the work you will make it through this business. They are currently on a hiring frenzy. You will be put through their "Fast Track" system which means right after you get your state life insurance they will pressure you to come in right away and start selling. The first day consisted of getting a high pressure sales script that they will listen to with you close friends and family. These are supposed to lead to meetings ran by your managers. They also require you to pay for all the testing and prep work, which is not at the industry standard. They claim it will get reimburse (which if you make it to get contracted you will get half back). This comes into the second half of problems where you will not receive an actual contract until you sell and obtain a certain amount of criteria (including getting licensed). The company is set up like a pyramid scheme that hires people on to burn through their contacts and have family/friends stuck in a position with the manager that hires you on. Also they charge you $600 for on boarding. Yes, they charge you for on boarding. The fail rate is over 90% but they claim otherwise. Place is a revolving door that just wants your contacts.

Explore other reviews about Equitable Advisors

5.0
Apr 2, 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.

3.0
Mar 18, 2026
Recommend
CEO approval
Business Outlook

Pros

The autonomy and flexibility is awesome, paired with high earning potential. Pretty good training and mentoring opportunities, but the same opportunities aren't offered to all new advisors.

Cons

It was not clear that there is no real base salary, only an upfronting of commissions. Even that is low. Meanwhile, there is no flexibility or accommodations to be made if you can't hit the expected numbers, and if you don't hit said number at the end of a quarter, you'll be out of a job. It's perform or don't work here. Be prepared to make cold calls.

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