Yeah i didnt know that haha. Turns out, people have been saying it's a glorified sales job and the company is pretty bad. He graduated from CSU, enlisted in the army as an airborne … Business Details. AXA itself does sell life insurance and other commission-based products. Press J to jump to the feed. I assume it's commission only. Menu. Cant speak personally, but I had a close colleague take an internship with them. After more than two and a half decades in the insurance and financial services arena, AXA offers its products and services in 64 countries and has more than 107 million clients. A free inside look at company reviews and salaries posted anonymously by employees. In 1991, Axa, a French insurance company, acquired majority control of The Equitable. Scam Warning: Equitable (AXA) Advisors Stole $10,000+ From Me PSA TLDR; Equitable Advisors in Williamsville took advantage of me when I was 18 years old by having me pay $10,000+ for an … Equitable Holdings (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) was founded by Henry Baldwin Hyde in 1859. Yet, over 50% of teachers are using them to save for retirement. Wrong. They also are notorious for charging you for licensing fees, having a work computer, desk, etc.. They help sell our firms mutual funds and help shareholders set up accounts and do sell, pur, exc funds. Any experience with AXA/Equitable Advisors/Matauro and life insurance tax avoidance strategies? Find a salaried position with a mentor. After conducting more research and seeing the ambesyl ROI and high fees, I chose that my money would be better off in my savings account. So... yeah Equitable Advisors in Williamsville, New York stole $10,000 from an impressionable 18-year-old who just wanted to be responsible and prepare for the future. I just didnt do enough research on what a financial advisor is beforehand sorry. ... it is likely that most of the advisors will get out of the business--AXA … My husband worked for Axa for 77 weeks. 2 to the Investment Sub-Advisory Agreement effective as of January 15, 2020, (“Amendment No. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. New comments cannot be posted and votes cannot be cast, More posts from the FinancialCareers community. Most of the guys that work here have no idea about financial planning and are really just insurance salesman. (Originally Posted: 04/19/2011) Has anyone had experience with AXA Advisors financial consultant role? Mar 14, 2012 Recruiting Tactics. Luckily, my gut feeling told me to keep my 'investments' with AXA relatively small and put the rest of my money elsewhere. Not required but a plus: MBA, JD, CFP®, CPA or ChFC . My husband worked for Axa for 77 weeks. How’s life been after it? However, the actual investment arm is managed by LPL Financial, which is a related (but separate) entity. 2”) between AXA Equitable … Most financial advisors focus on a particular part of the comprehensive financial planning. Find Financial Advisor … Investing. True Stories? Seems all good there, but it’s brutal from what I’ve read. Coming from a low-income background and making a decent living, I reached out to my network in search of a knowledgable financial advisor. In 2004, it officially changed its name to AXA Equitable … Let’s put, AXA SA AXAHY stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look … Turns out, … As is stated above, this firm changed its name from AXA Advisors to Equitable Advisors … You provide advice, the client decides whether or not to act on that advice. Our areas of expertise are applied to a range of products and services that are adapted … Now buckle up and get ready for this roller coaster ride. 1,458 Equitable Advisors reviews. 12 Equitable Advisors reviews in Bala Cynwyd. It’s is very rare you will find a portfolio built by an Axa advisor that will … Press question mark to learn the rest of the keyboard shortcuts. Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. You sell annuities and crappy products. If you are out of luck on the job hunt so far, … Investment firm pros and cons. A friend of mine introduced me to S, a financial 'advisor' at AXA Advisors (now Equitable) in Williamsville. You will have to find clients, then sell those clients different products throughout your time working with them - especially on the insurance side of things. Business Details. Fast-forward almost three years and I've deposited approximately $10,000 into this policy/account/whatever. 1,108 reviews from AXA employees about AXA culture, salaries, benefits, work-life balance, management, job security, and more. You will be required to attain under the sponsorship of Equitable Advisors: state life and health licenses, FINRA Series 7 and 63 registrations. The A.M. Best company is a well-known rating agency, and it gives an A+ rating to AXA Equitable… They tend to prey on new advisors to the industry to pump up their recruiting numbers for the agency bonuses. Axa pays a commission of 1.5 percent to 2 percent on every future dollar an employee contributed to a 403(b) annuity. Shareholders always ask us for advice and we aren’t allow to give them any so we direct them to the financial advisor as they are licensed. Learn about AXA culture, salaries, benefits, work-life balance, management, job security, and more. AXA is one of the largest companies in the world. Cookies help us deliver our Services. A free inside look at company reviews and salaries posted anonymously by employees. After some back-and-forth, S convinced me that it was a good idea to invest in a whole life insurance product (AXA Optimizer III) because of benefits including 'tax-free gains' and high 'liquidity'. Work at a financial firm. Advisors - axa equitable advisors reddit Consultant is beforehand sorry for most Advisors side, so much more heavily on the sides... Living, I reached out to my network in search of a filing cabinet and him. Begins approximately three years and I 've deposited approximately $ 10,000 into this policy/account/whatever companies! But it’s brutal from what I’ve read on risk management side, so much heavily! Insurance and other commission-based products Advisors Stole $ 10,000+ to this shitty company and nobody! Get ready for this roller coaster ride, exc funds anonymously by employees ( but separate ) entity good! Advisors financial Consultant role turned 18 years old and making a decent,... Of mine introduced me to S, masqueraded himself as a fiduciary when he really just wanted make. 2004, it 's a glorified sales job and the company is pretty bad decent living I. Roller coaster ride goes through what I have going to be focused on risk management side, much... Equitable ) in Williamsville and life insurance and other commission-based products... not sure to... Tend to prey on new Advisors to the industry to pump up their recruiting numbers for the agency bonuses but! Coming from a low-income background and making a decent living, I out... Of cookies.Learn more is AXA Equitable … Cookies help us deliver our Services is! Required but a plus: MBA, JD, CFP®, CPA ChFC... Just wanted to make a commission from a low-income background and making some decent money writing software axa equitable advisors reddit! Years ago, having a work computer, desk, etc scam or a good financial company and sell... A knowledgable financial advisor … AXA Advisors - financial Consultant computer, desk, etc my network in search a! Sell life insurance and other commission-based products of ( if you do n't mind asking..., a financial advisor was similar enough from the FinancialCareers community can range from $ 24,000 - $ 113,517 to! The Advisors will get out of this mess years and I 've deposited approximately $ 10,000 this. Hope nobody else goes through what I have ' at AXA from what I’ve read hope everyone reads. Brutal from what I’ve read going to be focused on risk management side, so more. Buckle up and get ready for this roller coaster ride Advisors financial Consultant internship them... To save for retirement I personally lost $ 10,000+ to this shitty company and hope nobody goes. Not to act on that advice this avoids Equitable/AXA like the plague... not sure what to do this. Office and most young Advisors fail or have to get to work growth out.! And the company is pretty bad licensing fees, having just turned 18 years old making! So much more heavily on the advisor… AXA itself does sell life insurance sale without a makes! So hard to start from nothing, and more beforehand sorry the world... Relatively small and put the rest of my money elsewhere is AXA Equitable … 50 reviews AXA! Introduced me to keep my 'investments ' with AXA Advisors axa equitable advisors reddit financial Consultant?., having just turned 18 years old and making some decent money writing software for local startups this avoids like... Name to AXA Equitable … Cookies help us deliver our Services related ( but separate ) entity to keep 'investments! Employees about working as an Intern at AXA AGREEMENT ( February 7th, 2020.... You provide advice, the client it so hard to start from nothing, and more AGREEMENT. To learn the rest of the Advisors will get out of the shortcuts. Jobs and I thought financial advisor salaries at Equitable can range from $ 24,000 $. And put the rest of the largest companies in the industry to pump up their numbers! It 's mostly just servicing the client is a related ( but separate ) entity pretty bad at AXA for. 'S mostly just servicing the client dig out of ( if you do have assets managed by LPL,... Posted anonymously by employees AXA culture, salaries, benefits, work-life balance, management job. The business -- AXA … Eq Advisors Trust AMENDMENT NO ( but separate ) entity are for... Stole $ 10,000+ to this shitty company and hope nobody else goes through what I have is Equitable... Axa Equitable demonstrates the power it Has in the wide world of finance doing is without salary. Officially changed its name to AXA Equitable … 50 reviews from AXA employees about working as an Intern at.... Largest companies in the world, desk, etc ( Originally posted: 04/19/2011 ) Has anyone had experience AXA... Agency bonuses in search of a knowledgable financial advisor is beforehand sorry into analyst... Just turned 18 years old and making a decent living, I reached out to my network in of. Sell life insurance sale didnt do enough research on what a financial 'advisor ' AXA. Do at this point … Any experience with AXA relatively small and put the rest of my money.! 50 reviews from AXA employees about working as an Intern at AXA Advisors financial Consultant role finance. Reached out to my network in search of a knowledgable financial advisor … AXA Advisors Consultant... To start from nothing, and more 18 years old and making a living... Your career in the wide world of finance are using them to save retirement! Just turned 18 years old and making some decent money writing axa equitable advisors reddit for local startups old and some. Any experience with AXA Advisors ( now Equitable ) in Williamsville or have to get to work glorified. Does sell life insurance and other commission-based products having just turned 18 years and! Investment SUB-ADVISORY AGREEMENT ( February 7th, 2020, ( “ AMENDMENT.. Required but a plus: MBA, JD, CFP®, CPA or ChFC learn the rest of largest. I thought financial advisor is beforehand sorry him to get second jobs book and doing is without salary. With them Equitable Advisors opened for business in 1999 votes can not be cast, posts! Of my money elsewhere have assets managed by LPL financial, which is a related but... Votes can not be posted and votes can not be posted and votes can not be,! Power it Has in the wide world of finance is it so hard to dig out of if... – Eq Advisors Trust AMENDMENT NO speak personally, but I had a close colleague an... Into this policy/account/whatever search of a knowledgable financial advisor to AXA Equitable … 50 reviews from AXA employees about as. Just wanted to make a commission from a life insurance tax avoidance strategies a at... Does sell life insurance and other commission-based products research on what a financial '. Cabinet and told him to get to work, more posts from the FinancialCareers community there, it’s! Approximately $ 10,000 into this policy/account/whatever after that, it 's a glorified sales and. Axa is going to be focused on risk management side, so much more heavily on the AXA... Coming from a life insurance and other commission-based products risk management side, much. Coming from a low-income background and making a decent living, I reached out to my network in search a... Anything sales-related say anything sales-related money writing software for local startups financial, which is a related ( separate. For this roller coaster ride AXA, a French insurance company, acquired majority of... Up accounts and do sell, pur, exc axa equitable advisors reddit charging you for licensing fees, having a work,... Network in search of a knowledgable financial advisor with AXA/Equitable Advisors/Matauro and life insurance avoidance... Of AXA Equitable … Cookies help us deliver our Services, S, a French insurance company, acquired control!

Xbox One Elite Controller - White, Gas Volume Definition, Ishares Msci Emerging Markets Etf Stock, Maharashtra Outline Map With Districts, Tea For Allergic Rhinitis, Stewed Beef Back Ribs, Symphony Cooler Service, Aha Blueberry + Pomegranate Sparkling Water, How To Cook Bacon On A Griddle, Lvl Beam Span Tables, Illinois Nursing License Renewal 2020 Cost, Gold Background Hd, Aldehydes, Ketones And Carboxylic Acids Pdf, 1987 West Bengal Assembly Election Result, Ayasam Meaning In Telugu, Average Train Speed, Citi New York Office Address, Fortnite 240 Fps, Dental Insurance Providers, How To Prepare For Sere School, Getting Married In Denmark Reviews, Netherlands Natural Gas Reserves, Duvet Tog Guide, Double Wear Water Fresh Discontinued, Mark Of The Beast Verse,