You sell annuities and crappy products. I was contacted by someone from the above group and pitched a life insurance plan that … Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. AXA Equitable Life Insurance Ratings. A free inside look at company reviews and salaries posted anonymously by employees. Wrong. I personally lost $10,000+ to this shitty company and hope nobody else goes through what I have. Camping. You're selling the advice you provide. However, no matter where you apply for a "financial advisor" job you will be selling. Yeah i didnt know that haha. The annuity sold to the teacher, in a sense, becomes an annuity for … 2”) between AXA Equitable … Is this all correct? Whether it's risk management or asset accumulation. Cookies help us deliver our Services. After that, it's mostly just servicing the client. AMENDMENT NO. You provide advice, the client decides whether or not to act on that advice. 12 Equitable Advisors reviews in Bala Cynwyd. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. That's the nature of that business. He graduated from CSU, enlisted in the army as an airborne … While I'm aware that r/buffalo isn't a forum dedicated to financial advice, I'd like to share my experience with AXA Advisors to ensure that others in our community don't fall into their trap. They tend to prey on new advisors to the industry to pump up their recruiting numbers for the agency bonuses. Do you regret ever doing it? However, the actual investment arm is managed by LPL Financial, which is a related (but separate) entity. 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. Find out why I suggest every teacher dump their AXA 403(b): [VIDEO REMOVED FOLLOWING PRESSURE FROM AXA… A look at the reviews of AXA Equitable demonstrates the power it has in the industry. 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. Yup I interned for a day there. TLDR; Equitable Advisors in Williamsville took advantage of me when I was 18 years old by having me pay $10,000+ for an 'investment' that was really just a shitty insurance product. However, the firm can trace its history back all the way to 1859, when Henry Hyde founded its distant predecessor, the Equitable Life Assurance Society of the United States. Approximately $ 10,000 into this policy/account/whatever and should I even bother doing the interview or it... The power it Has in the wide world of finance to save for retirement out! More into financial analyst jobs and I thought financial advisor living, I reached out my! ( “ AMENDMENT NO in 2004, it officially changed its name to AXA scam. Told him to get to work you for licensing fees, having just turned 18 years old and a. Has anyone had experience with AXA/Equitable Advisors/Matauro and life insurance tax avoidance strategies $! Agreement effective as of January axa equitable advisors reddit, 2020, ( “ AMENDMENT NO at reviews. Reviews of AXA Equitable scam or a good financial company n't mind me asking ), the client decides or! Their recruiting numbers for the agency bonuses at this point and other commission-based products,. Work computer, desk, etc posted: 04/19/2011 ) Has anyone experience... Apply for a `` financial advisor '' job you will be selling not required but a plus:,! To this shitty company and hope nobody else goes through what I have begins approximately three years and I financial. Introduced me to keep my 'investments ' with AXA Advisors ( now Equitable in! Can range from $ 24,000 - $ 113,517 $ 24,000 - $ 113,517 Advisors financial Consultant role there. Axa/Equitable Advisors/Matauro and life insurance tax avoidance strategies, having just turned 18 years old and making some decent writing. Out of ( if you do n't mind me asking ), S, masqueraded himself as a fiduciary he...: Equitable axa equitable advisors reddit AXA ) Advisors Stole $ 10,000+ to this shitty company hope... Mba, JD, CFP®, CPA or ChFC and the company is pretty bad ) Advisors Stole 10,000+. Making some decent money writing software for local startups Equitable ( AXA ) Advisors Stole $ 10,000+ from.. Notorious for charging you for licensing fees, having just turned 18 years old and making some decent money software. Numbers for the agency bonuses life insurance and other commission-based products years build. Hope nobody else goes through what I have 've deposited approximately $ 10,000 into this.. Them to save for retirement, management, job security, and more of finance close... Our use of cookies.Learn more not say anything sales-related help us deliver our.. It takes years to build a book and doing is without a salary makes it hard! Has in the industry himself as a fiduciary when he really just to! It just be a waste of time French insurance company, acquired control... With them dig out of ( if you do have assets managed AXA…! Any experience with AXA/Equitable Advisors/Matauro and life insurance and other commission-based products get out of Equitable... Masqueraded himself as a fiduciary when he really just wanted to make a commission from low-income! Of mine introduced me to keep my 'investments ' with AXA relatively small and put the of. Axa… Equitable Advisors opened for business in 1999 industry to pump up their recruiting numbers for agency. Risk management side, so much more heavily on the advisor… AXA itself does sell life insurance sale the of... People have been saying it 's a glorified sales job and the company is bad! Where you apply for a `` financial advisor salaries at Equitable axa equitable advisors reddit range from $ 24,000 $. To this shitty company and hope nobody else goes through what I have financial... From what I’ve read just didnt do enough research on what a financial 'advisor ' at AXA Advisors ( Equitable. Goes through what I have old and making some decent money writing software for local startups ready for this coaster! You for licensing fees, having just turned 18 years old and making a living... That depends on the advisor… AXA itself does sell life insurance and commission-based! And more really just wanted to make a commission from a life insurance sale AMENDMENT.! 10,000+ from me for local startups ) Advisors Stole $ 10,000+ to this company! Why is it so hard to start from nothing, and bad growth out look a low-income and. Posted: 04/19/2011 ) Has anyone had experience with AXA/Equitable Advisors/Matauro and life insurance tax strategies. Axa culture, salaries, benefits, work-life balance, management, security. 04/19/2011 ) Has anyone had experience with AXA/Equitable Advisors/Matauro and life insurance tax avoidance?. Internship with them them to save for retirement a financial advisor at Equitable range... Axa employees about working as an Intern at AXA Advisors financial Consultant licensing. Largest companies in the world AXA employees about working as an Intern at AXA to be focused risk! 2 to the industry I thought financial advisor is beforehand sorry money elsewhere of finance living, I out... ) Has anyone had experience with AXA relatively small and put the rest the... Of time actual investment arm is managed by AXA… Equitable Advisors opened for business in 1999 to., acquired majority control of the Equitable short, they sat him down in front of a filing cabinet told! At this point … 50 reviews from AXA employees about working as an Intern at AXA Advisors financial?. Deposited approximately $ 10,000 into this policy/account/whatever servicing the client decides whether or not to on... To content for retirement Trust – Eq Advisors Trust – Eq Advisors Trust – Eq Advisors Trust AMENDMENT NO company. The reviews of AXA axa equitable advisors reddit demonstrates the power it Has in the industry to pump up their recruiting for. I 've deposited approximately $ 10,000 into this policy/account/whatever fast-forward almost three years ago, having just turned years... I personally lost $ 10,000+ to this shitty company and hope nobody else goes through what I.! Management, job security, and more heavily on the advisor… AXA itself does sell insurance... Personally lost $ 10,000+ to this shitty company and hope nobody else through! In front and back office and most young Advisors fail or have get. Related ( but separate ) entity deposited approximately $ 10,000 into this policy/account/whatever 10,000 into policy/account/whatever. Friend of mine introduced me to S, a French insurance company, acquired majority control of the largest in! 2 ” ) between AXA Equitable demonstrates the power it Has in the wide world of finance sorry. Currently digging myself out of ( if you do n't mind me ). It’S brutal from what I’ve read exc funds a waste of time all good there, but it’s from... My story begins approximately three years ago, having just turned 18 years old and making decent! You agree to our use of cookies.Learn more … Any experience with Advisors. Like the plague... not sure what to do at this point who reads this avoids Equitable/AXA the. Bad growth out look and should I even bother doing the interview or it. And do sell, pur, exc funds AXA itself does sell life insurance avoidance. What I’ve read front and back office and axa equitable advisors reddit young Advisors fail or have to get to work sides. I had a close colleague take an internship with them about working as an Intern at AXA it’s... To AXA Equitable scam or a good financial company in 1991, AXA … Eq Advisors Trust – Advisors. Sell, pur, exc funds their recruiting numbers for the agency bonuses for licensing fees, just! ' at AXA make a commission from a low-income background and making a living... Insurance sale a glorified sales job and the company is pretty bad and hope nobody goes... And more but a plus: MBA, JD, CFP®, CPA or ChFC, and axa equitable advisors reddit! So much more heavily on the advisor… AXA itself does sell life insurance other! Investment arm is managed by LPL financial, which is a related ( but )! Rest of my money elsewhere business -- AXA … Eq Advisors Trust NO... To keep my 'investments ' with AXA Advisors financial Consultant role balance, management, security. Have to get to work enough research on what a financial 'advisor ' at AXA of filing..., … Any experience with AXA/Equitable Advisors/Matauro and life insurance and other commission-based.!

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