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axa advisors reputation

Hi I've been offered a position in NY and would like to know if you could tell me more about your experience. United States, New York: Tweet: Consumer reviews about AXA Advisors: m2j3. 3) Referals from any of the above. Please advise. We look forward to delivering more ways to serve you with the best job search tools in the world. If AXA was so great then you'd have people lining out the door to get a job there. This means that many of the firm’s advisors are authorized to conduct securities transactions that could result in the earning of commissions. No choice in what they invest your money in and it ALWAYS LOOSES your money regardless of what the market does. I don't care what anyone says, working for commission as a financial advisor is a direct conflict of interest. Initial AXA Equitable complaints should be directed to their team directly. You are right. 1290 Avenue of the Americas, 12th Floor. You'll waste a year of your life cold calling from an ugly office living paycheck to paycheck. We do a lot of cold calling corporation employees here and some natural market work. Last but not least, I am based in Marietta but I operate within all 50 states. Investment advisory products and services offered through Equitable Advisors, LLC, an SEC registered investment advisor. Fifteen Must-Listen Business Podcasts for Advisors . The Axa Group operates primarily in Western Europe, North America, the India Pacific region, and the Middle East, with a presence also in Africa. There's a maximum period of time you can spend in pre-employment. The firm will still collect premiums. Following his success at Pall Corporations, Mr. Sydney undertook the technical sales responsibility for the multi-national Betz Laboratory Corp. (now known as Grace Inc.) for all of Long Island. I have since reconsidered and now work with the company--in the dreaded pre-employment phase. Equivest is a NIGHTMARE. Here's our list of companies hiring now. Equitable Holdings also owns Equitable Life Insurance Company, a life insurance business, and AllianceBernstein, another registered investment advisor (RIA) firm. Notice of changes to the Indeed Community. 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. food, healthcare, utilities, transportation and other) in each city. But all of the expenses of actually conducting business are entirely on you, the main one of which is gas. The only thing that comes to mind after reading some of the info on their website and email I was sent was the movie Boiler Room and some MLM and Pyramid schemes. So assuming you can do that, you now go under contract and get another couple days to go back to NY for more training. That depends on the advisor. I just wanted to weigh in. Restitution Ordered; Firm Ordered to Send Corrective Disclosures to Affected Plan Participants WASHINGTON — FINRA announced today that it has fined AXA Advisors, LLC (AXA) $600,000 and ordered the firm to pay approximately $172,000 in restitution to affected 401(k) retirement plan participants for distributing materials that negligently misrepresented that certain bond funds offered … If you make it through the pre-employment part, which most people don't, you'll get your testing fees reimbursed, approx. Create a new resume or upload an existing one. You’ll still be able to access past conversations on the Indeed Community until Dec. 14, 2020, at which time the Indeed Community product and all content previously posted on it will no longer be available when you visit this site. If you guessed over $2000 (your bonus) you’d be right. At Equitable Advisors, we can help provide individual, municipalities, business owners and corporations with comprehensive financial strategies. The firm also works with pension plans, charitable organizations and businesses. In special circumstances, the fee may be higher, though. Financials. You can't expect to get paid a full year comp if you are there for 3 months (hypothetically) and someone else completes the other 9 months... that makes no sense. This is the name of the game with career agencies. In 2005, AXA along with 14 other financial firms was fined for directed brokerage violations. Got it! Nice scam since I'm not that hard to reach, and if it isnt a scam it sure as hell sounds like one. If you were in Prison, you would drop the soap in the shower and inherit a new butt hole. Investment advisory products and services offered through Equitable Advisors, LLC, an SEC registered investment advisor. FOUNDED. It's completlhy fine. Thank you for allowing us the opportunity to connect with you on the Indeed Community. Products are sold through financial advisors for AXA Equitable across the country. You are an insurance salesman, not a financial planner, or you will never make it. It is important to feel right about your hiring manager. If it took me 6 months to make $3000, how on earth do I make 4 times that in the next 6 months? to adjust those national average spending levels based on the costs of each expense category (housing, OK, back to your income, during this time, PC’s pay $0.50 instead of $1. You get paid a $2000 “bonus" (also 1099) and begin to earn a monthly salary of $2000 (W2, and though your told you can you can’t write much off legally against this income, ask an accountant). Keep in mind that you MUST understand the comp plan very clearly. Your VP will at some point take a portion of your business, hopefully just not during your first 12-24 months. Our areas of expertise are applied to a range of products and services that are adapted to the needs of each and every client across three major business lines: property-casualty insurance, life, savings & health and asset management. Periodic reviews of financial plans can result in a fixed fee of between $250 to $12,500. However, this firm and its advisory professionals conduct investment research by reviewing various kinds of research materials made available through LPL Financial. Council for Community and Economic Research, Bank of America® Travel Rewards Visa® Credit Card Review, Capital One® Quicksilver® Cash Rewards Credit Card Review, Council for Community and Economic Research, Asset Management Program Fees Through Equitable Advisors, AssetMark No-Load Mutual Funds – AssetMark Funds, AssetMark No-Load Mutual Funds – Other Fund Strategies, Bauer Captain & Johnson, Inc. "BCJ Capital Management", Brinker Retirement Plan Services (including Retirement Plan Services Plus), CLS – Advisor One Protection (formerly CPM 3), CLS – Wealth Accumulation – AdvisorOne Portfolio, LPL Optimum Market Portfolios Advisory (OMP), LPL Strategic Asset Management (SAM I & SAM II), PlanMember OptiFund Managed Account Option, Allocates client assets across a portfolio of mutual funds, Exchange-Traded Fund (ETF) Advisory Programs, Programs in which clients invest in a variety of ETFs, Financial Professional as Advisor Programs, Non-discretionary or discretionary programs in which client invest in multiple types of investments (mutual funds, ETFs, equities, bonds, etc. I spoke with Sheila several times over the phone as she was located in Philadelphia Pa. GE-3153304 (07/2020) (Exp. for the greater good of AXA. In the RBG world you may not have a need to prospect via cold calling but you will be forced to be creative with your prospecting. Methodology Cities where $1 million lasted the longest ranked the highest in the study. They're actually not going to pay for sales that I made at the end of my employment there, which is total crap. Sheila, go with your gut instinct. Even to the point where they won't even tell YOU some of the bad. Oh yea, there’s more, if you have to go to a school district conference to represent AXA, you have to pay for that. I know that you said you are new to the firm, the real changes take place when you switch to the graduated payhout contract as opposed to the financed contract you currently have. You have to get a computer through AXA, can’t use your own, guess how much it costs? Also, scroll over Thank you. Equitable Advisors acts as a registered securities broker-dealer in addition to being an investment advisory firm. Once I actually get going I can probably provide more insight for you, but like I mentioned before, things could be different on the East Coast. As a 21-year-old college grad in 2003, Eric Nichols joined AXA Advisors. There is no magic bullet when it comes to prosepcting, you will have to cold call individuals, work site marketing efforts, seminar marketing, natural market work, referrals, referrals, referrals, possible 501(c)(3) work, social networking at chamber functions, civic marketing, we have had a fair amount of success working with CPA's and attorney's in the trusted advisors arena. It's sort of like a cushion they give for newbies. To download your data from the Indeed Community, please visit the "Personal Information" section of your profile before Dec. 14, 2020. Sheila, I have been with AXA for just over 10 years, the majority of which have been at NLC+ production or higher. They are trying to collect almost $20,000 from me for cases that are still active, paid, and performing. Dana R. Sydney Managing Partner-Dana Sydney, CFP®, CLU®, co-founder of Dayton and Sydney, LLC, started at AXA Advisors in 1998. I read this post about 8 months ago when I was considering a move to the financial services sector. For reference, a recent study by RIA in a Box found that the average annual advisory fee is 0.95% of AUM. Axa S.A. (styled as AXA) is a French multinational insurance firm headquartered in the 8th arrondissement of Paris that engages in global insurance, investment management, and other financial services. Please note that all of your Indeed job and candidate information will still be available when you log into your account on desktop or mobile at www.indeed.com. AXA Advisors Lawsuit “FINRA” Complaints. Your quota is now $2000/month. $750. Now I'm not hating on the company but I dont have the time to be Pimped just to learn how to hustle people. Now I'm sure there are some people that make great money working for them and selling whatever BS they got. You only sell AXA insurance and products. These include events like failing to adequately supervise an advisor who violated federal securities law, and failing to comply with certain statutory requirements regarding life insurance practices. Properly designed (and funded) PenMax will be incredibly advantageous (in several ways). 3. I have no vested interest other than to see this good company continue to do well.-a former hiring manager with 10 yrs of NLC production... if it feels right, do it!! Insurance. AXA is going to be focused on risk management side, so much more heavily on the insurance sides. They tell you what you want to hear. They provide training, structure and support and many avenuse for growth. My family told me not to work at AXA and I didn't research the company. It seems like there is alot of disgruntled persons looking for a different avenue, different environment, maybe one that delivers instead of empty promises. In the year of 2006, I realized that I was fast approaching retirement age. Here are several steps you can take to find the help you need when leaving a job. AXA Advisors. FICO Updates and Their Impact on Credit Scores . AXA Advisors, LLC has investment fraud and misconduct in their history. Equitable Advisors Background. They have a horrible training program, there is none!! These strategies are typically available for beforehand review through Equitable Advisors. of seniors. I am willing to help you with different opportunities that would seriously help the members of this board. I was about to join AXA...However the whole pre-employment crap got me pretty heated.. Also because my manager is also trying to get clients, I missed 2 meetings I set up because my manager was in a meeting with his own prospective client. Fair warning, such relationships are very hard to crack but profitable if the "right one" is found. The firm employs more than 3,500 advisors in offices across the country, though. this is the gist of my complaint. While this work has been deeply rewarding, we have decided to say goodbye to the Indeed Community so we can focus on other areas of the business that bring us closer to our mission of helping people get jobs. Our. AXA SA operates as a holding company, which engages in the provision of insurance and asset management services. Hourly fees are negotiable and can vary from $100 to $400 per hour. Then, we divided $1 million by the sum of each of those annual numbers to determine how Sheila, let me clarify the expenses for you..........the software fees are approximately $70 per month and are IN ADDITION to the laptop you are required to purchase (custom made to AXA requirements, will cost in the ballpark of $1700). https://www.indeed.com/jobs?q=AXA Advisors&l=, Easily apply to jobs with an Indeed Resume. Using this data, SmartAsset calculated I just wish I'd done it sooner! Really expensive. Aside from this name change, the firm remains the same as it was before. Again, how much extra income do you think teachers have to invest? Concerning rent, you won't be on the hook until you switch to the graduated payout contract (typcially between years 3 & 5). Poorly designed (and poorly funded) PenMax is incredibly disadvantageous. For the first year, fixed fees usually range from $250 to $25,000. My husband and I are 54 and are currently seeking retirement advice from an AXA advisor. Too expensive. Jobs You Might Like. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Take my advice, and instead of learning the hard way like I did, wait for a better opportunity. This past month I personally experienced the following fees and expenses: Just curious, what kind of prospecting do most of you other AXA employees use. Log in Register: Add a Review: AXA Advisors . Sure Henry1580, what email or phone number? Your job alert was created. So your $2000/month salary just became roughly $1450, not including what you’re going to pay for in gas (for me it was about $200/month). Oh and by the way, that particular day I didn't even make any sales. As our daily lives shift with the spread of COVID-19, you may require the support of unemployment benefits. In pre-employment, you are on 100% PCs as commissions. I actually know the former MN branch EVP personally and can tell you that he truly left for greener pastures. If you aren't there, you have no idea if the client continues to invest. Your first 2 weeks there you just walk around doing nothing, your manager is too busy with the other new advisors and his own meetings, he has no time for you. The company is comprised of people who work hard and they provide a strenous trainingn program. He also mentioned that when I go out and learn the ropes with him, he doesn't take a nickel of what I gather, so that's reassuring. The only thing I would argue to the contrary for Mr Glasshalffull is the stability. You also have to buy ANY promotional/marketing materials (if you go in after dark which you better be willing to stay that late a lot, you can grab them for free from the supply closet if it’s unlocked). Yes, just...don't. … Then he tells you to build lists of people to call, which I had to find out from other new advisors, because my manager didn't help me with that. The product is HORRIBLE. These minimums start at $10,000 and can reach as high as $5 million. I have been in talks with AXA for the last year about possibly switching over. Sources: Bureau of Labor Statistics (BLS), Performance is all that matters and you can't make a profit on this garbage. Zoom between states and the national map to see the top spots in each region. Financial planning services at Equitable Advisors may come with a fixed fee or an hourly fee. anybody had experience with AXA Advisors aka AXA Equitable? Now here’s the fun part, what YOU have to PAY to work at AXA. The Drones on here are dilusional about this nonsense of a product. This means you will not be able to interact with others in the community after that time. Certain members of Equitable Advisors' staff are licensed to sell insurance products, such as variable annuities. AXA ranked at #25 on the Fortune 500 Global list for 2017. This is exactly what our adviser is suggesting. Whether it's risk management or asset accumulation. The minimum is once you reach 3000 in PCs (Production Credits). Easily apply to jobs with an Indeed Resume They tell you, you can sell whatever company insurance you want(Metlife, AIG...) They lie!!! Marketing, Advertising & Public Relations, visit the "Personal Information" section of your profile, COVID-19 and Your Job: Tips and Actions to Consider, COVID-19: Unemployment and Job Loss Support. It seems like no one has liked that job. A free inside look at company reviews and salaries posted anonymously by employees. I would not deal with AXA. In the meantime, we encourage you to visit the Indeed Career Guide for advice and resources to help you achieve your career goals. The problem is that these companies used to trade on a much larger information advantage than they do today. Equitable Advisors is a financial advisor firm in New York City with more than $18 billion in assets under management (AUM). Financial planning services at Equitable Advisors can cover the following topics: Equitable Advisors generally offers investment management through programs sponsored by separate advisory firms. Equitable Advisors is a wholly owned subsidiary of Equitable Holdings, Inc., a holding company. INDUSTRY. how many years of retirement a $1 million nest egg would cover in cities across America. I am currently a NLC+ producer with AXA and very happy with my current situation. I just left after being a top producer for 3 years there. any city to learn about the cost of living in retirement for that location. We then applied cost of living data from the Council for Community and Economic Research C'mon indy rep, the statements above are incorrect and don't make sense. ADDRESS. After inquiring of family and friends, I sought out AXA Equitable as I was told that Ms. Sheila was an exceptional financial planner. Clients of Equitable Advisors can choose from a wide range of investment management and wrap fee programs, many of which have minimum account sizes. Equitable Advisors is headquartered on the Avenue of the Americas in the New York City borough of Manhattan. ), Separately Managed Account (SMA) Advisory Programs, Programs in which client assets are managed by a third-party money manager, Programs that may combine aspects of any of the above programs, If you're new to planning for retirement, the help of a professional could be extremely helpful. So when you do make sales, the commissions you'll make will probably average around $50-60 per contract after you give 20% of your commissions to your manager for no reason. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. I know a man who has been with the company a long time and I greatly respect and like this person. Their products are horrible. Try a brokerage account or if you don't have an annuity pension, maybe a better performing annuity company. The sooner you send it to me the faster things can change.......hopefully dramatically. It's doesn't cost them a dime!! If the company, and the new rep, continues to get the new premiums, why would you be entitled to money that is invested after you left... again, that makes no sense. Or the ethical way. SECTOR. If the policies did not perform, i would understanding collecting on paid compensation. It's necessary and, from what I can see, handled well. We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Once you contract, you get salary (the offer they made me was 24k) + 50% of your PCs as commissions. Equitable Advisors opened for business in 1999. To be successful long term you must have a track to run on above and beyond the "who you know and who they know approach", because you will run out of prospects in 12-24 months. After this time you'll be able to download your community data by submitting a request via the process described in our Privacy Policy. So if you make 48k in PCs, then you break even with that stupid formula. A blind monkey could throw darts at a list of stocks and do better than AXA. You can cancel email alerts at any time. The sale of these insurance products may generate commissions for the advisors who sell them, and these commissions can cause a potential conflict of interest. Create a new resume or upload an existing one. Valid point and agreed- understand the compensation plan: The fact is that the policies are still in force, there is no reason to collect from me. We analyzed data on average expenditures for seniors, cost of living and investment returns to determine Hello, I am currently in the insurance business for 5 years with one of the big mutual companies. 07/15/1991. AXA Financial serves clients in the United States. Insurance. Also if you have some ideas to get in front of more people, I would appreciate that as well. Remember, I do not have a vested interest in exaggerating or falsifying these numbers whereas hiring managers may be less inclined to be so forthcoming. The types of products discussed in this thread can be very appropriate for many people but not all, and so the pre-employment phase is necessary to provide the needed rigorous training, weed out those who can't or won't do the hard work necessary to build a sustainable book of business and most importantly, ease a person into the field where the stakes of caring for a person's retirement are so high. These programs fall into five broad categories: The firm provides access to more than 50 different investment programs from a number of firms, including: Generally speaking, the task of constructing investment portfolios for clients falls to the investment program sponsors and not Equitable Advisors itself. AXA leans to focus on Life Insurance and Annuities, not so much Wealth Management. I am reading article after article about AXA Financial. It's not possible to put your client first when you need to make that sale in order to pay rent. Equitable Advisors employs more than 3,500 advisors, and some of these advisors have earned professional certifications. These companies hire by touting a "proven method" to reach success, and they highly discourage employees from reinventing the wheel. Most financial advisors focus on a particular part of the comprehensive financial planning. Other advisors uncover a profitable niche thanks to the unpredictable arc of their career. Thank you so much:{. 07/2022) Welcome to Equitable. Arnold Mariampolski has spent 10 years in the securities industry and was most recently registered with AXA Advisors in Woodbury, New York … SUB-INDUSTRY. AXA was fined $900,000. But the post turned me away. In addition, it may review fund prospectuses or other market publications. Prior to June 2020, Equitable Advisors, LLC operated under the name AXA Advisors, LLC. Financial Consultant - (Los Angeles Office) AXA Advisors Wilshire - San Francisco, CA. So IF, and this is a big if, you can hit that quota, You make $3000/month-expenses= $2500 month. Here's what I witnessed and experienced at AXA? Over the past 10 years, we’ve built a community experience designed to better serve and connect job seekers everywhere. The problem is that AXA only pays commission and makes you pay for all your licensing, so why would they care if you came and left? Once you hit that mark, you can contract with them and they'll begin giving you benefits, reimburse your testing fees, as well as start you off on a salary, but you'll also take reduced commissions. Products & Services The best associates in our branch find large corporations with favorable withdrawal rules in qualified plans and work backwards to become the de facto planning team for transitioning employees. Most of the guys that work here have no idea about financial planning and are really just insurance salesman. long $1 million would cover retirement expenses in each of the cities in our study. HOW CAN ONE SELL THIS PIECE OF DOG CRAP? ComplaintsBoard.com is not affiliated, associated, authorized, endorsed by, or in any way officially connected with AXA Equitable Customer Service. The firm works with around 46,000 clients, including individuals with and without a high net worth, charitable organizations, pension plans and corporations. To start I have no financial education other than owning my own small business and furthermore I shouldn't be giving out financial advice. Let me clarify the expenses for you, as a former hiring manager I will tell you with 100% confidence that the software fee is apprx $60 per month, in addition to the laptop (apprx $60 month), unfortunately, these fees do not vary by state and are set nationally. I was offered an interview by AXA Advisors for the position of Financial Advisor, but when I did my research on the company, I only found negative reviews. The vast majority of Equitable Advisors’ client base is made up of individuals, with a bit more of these clients falling below the high-net-worth threshold than above it. AXA was rated below average for overall customer satisfaction in J.D. There was literally one day when I drove 80 miles at work, just driving back and forth between schools. During the interview my VP said they don't do cold calling. the average cost of living for retirees in the largest U.S. cities. That's just my hunch. Here are some steps to consider taking whether you're searching for a job, need gig work quickly or have been asked to work from home. All information is accurate as of the writing of this article. Be the first to see new AXA Advisors jobs 1. Amway without the soap. This is a fee-based firm that specializes in financial planning and investment management, with programs being available through a number of outside advisory firms. New York, NY 10104-1300 I also believe, maybe, your stake in AXA is bigger than just your father working there. Company is rebranding and changing which can be exciting. this is after my manager had me sign over the life contracts so that he could get commissions on the policies once i was gone. All, I have posted comments on other forums both favorable and un-favorable to AXA, however, they have all been 100% accurate. If you want to be a financial advisor, research the company first. Good place to get started in the financial industry. Life Insurance is the answer. AXA teaches you to omit any negative information during the sales presentation. In addition, AXA has consistently attracted the attention of national securities regulators including the Financial Regulatory Authority for issues that go well beyond just the sales of Variable Annuity products to investors: You're that desperate to recruit new advisors that you go on a blog bashing your company to try to get people? Many employers are hiring now to fill urgent talent needs. Funding levels and the no lapse guarantees are critical for proper design... in addition to design to you and your husbands (and beneficiary and/or estate) needs. Since I never did, I had to pay for those out of pocket, which came out of the commissions I made on sales that they actually paid me. It’s is very rare you will find a portfolio built by an Axa advisor that will outperform the market. Advertisement. Despite each of the aforementioned potential conflicts of interest, fee-based Equitable Advisors is a fiduciary, which means it’s required to act in your best interest at all times. Believe me when I say that they will sacrifice advisors (reputations, livlihoods etc.) For what it's worth, we lost a valuable friendship over Axa's business practices, when a good friend became an advisor and then sold us a crap whole life insurance product that was needlessly expensive, inappropriate for our situation, and costly to extricate ourselves from. For example, in 2004 AXA was fined $250,000 for failure to waive sales charges as well as a failure to have an adequate supervisory system in place. I cold called for a few hours to get those 2 meetings and they were gone just like that bc my manager had his own agenda!! Prior to June 2020, Equitable Advisors, LLC operated under the name AXA Advisors, LLC. Equitable Holdings is, in turn, controlled by an independent board of directors. Equitable Financial, Equitable Advisors, and Equitable Network are affiliated companies and do not provide tax or legal advice. Effective immediately, please use www.equitable.com to access our website. but because i am not there they want me to re-imburse them. Your team or company wants you to bring in money. Fees for the various asset management programs at the firm are listed below. My husband worked for Axa for 77 weeks. … Securities offered through Equitable Advisors, LLC (NY,NY 212-314-4600), member FINRA/SIPC (Equitable Financial Advisors in MI & TN). Unless your RBG unit has an exclusive contract with the school district in which you work you will be competing with multiple other firms and associates for the same pool of resources. Like in the NFL, if you don't complete the whole year, you don't get the whole years pay. Wake up. Similarly, these commissions can cause a potential conflict of interest, as they can incentivize advisors to recommend transactions that will result in commissions. An article in the AARP says to RUN RUN RUN away from the 'pension maximization' schemes sold by some financial planners and insurance agents. Forbes ranked the company at #33 of the 2000 biggest companies in the world for 2018. Then you sit at a crappy desk and are expected to cold call all day and set up meetings for your manager, which by the way he yells at you if you don't get enough meetings. There are no problems at AXA that you won't find at any other major "Financial Planning" company that is actually an insurance company (MetLife, Prudential, Ameriprise, etc.) These include certified financial planner (CFP), chartered financial consultant (ChFC) and chartered life underwriter (CLU). In fact, I really love it there. Some of your initial investment for licenses will also be reimbursed, about $700 of the $1300 it cost. We can them Hustlers. Please feel free to email me your resume at *********** at which time I will review it and find a fit that might interest you. As is stated above, this firm changed its name from AXA Advisors to Equitable Advisors on June, 15 2020. My concern lies in AXAs ability to hedge. Or you can rent it from AXA for $80/month. Subscribe. I can speak for the EVP in MM, anything he is involved with succeeds... as for the ENGLISH, you will never cold call (unless you choose to). The expenses are pretty standard across the industry, the difference is how the company has u pay for them... AXA is transparent... you see the expenses. In addition, you will have E & O (errors and ommissions insurance) with prices set nationally, apprx $225 per month, which you will be required to pay for. The Indeed Community will enter “read only” mode beginning on Oct. 31, 2020. Equitable Advisors opened for business in 1999. In RBG, they pretty much use 3 main forms of prospecting: 1) Sits at schools, hospitals, other non-profit orgs. Jeff- you're living proof of the AXA scam. You can find contact details for AXA Equitable above.. ComplaintsBoard.com is an independent complaint resolution platform that has been successfully … Sheila, regardless of what you were told, the figures outlined in my thread are 100% correct. You get $1000 for 2000 PC’s. Sadly what you have experienced is fairly standard in the hiring process across AXA (and why I cannot in good faith suggest coming on board!!! Equivest blows. Consumer complaints and company contact information. I've had an annuity with them for more than 15 years and it has never gone up. AXA has to have the worst financial investors in the world. To contact a specific office, you can visit the firm’s website to find the phone number or address of the branch closest to you. I hope that helps. Aug 14, 2020. Respondent AXA Advisors, LLC employs about 5,800 registered persons at 1,300 branch offices; and the firm is a subsidiary of AXA Financial, Inc. (a member of AXA Group). Securities offered through Equitable Advisors, LLC (NY,NY 212-314-4600), member FINRA/SIPC (Equitable Financial Advisors in MI & TN). Joe, we are not technically employees, as AXA FP's we are statutory W-2 Employees; consult you tax advisor for the distinction because there is a big one. 2. Mar 14, 2012 Recruiting Tactics. Out of boredom I decided to look into this company since they've sent me an email saying they have been trying to contact me about a job. The company ranked No. Power’s 2019 U.S. Life Insurance Study. Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. You can get in touch with Equitable Advisors through a number of different routes. 1,443 Equitable Advisors reviews. According to its Form ADV, Equitable Advisors has multiple disclosures in its recent past. 2) Natural sources such as friends, family, etc. These guys don't know how to build a book of business, they don't do it the right way. But over the next few years that salary is phased out so you'll be back on 100% PC commission eventually. Anybody can google these companies to see how the sausage really gets made. Luckily, finding the right, It can be tough to know how much to save for retirement without knowing what your future expenses might be. ), the new breed of DM and EVP will do and say anything possible to get you on the team. I'm very glad I chose AXA over a wirehouse or straight up insurance company. First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures See AXA is an insurance company, you are not a planner, you simply use “financial planning" to get that person to open up about their finances so you can sell them LIFE INSURANCE. Turns out, people have been saying it's a glorified sales job and the company is pretty bad. The Equitable Life Assurance Society is a subsidiary. They were right and I was wrong. So in the case of each program, the truly pertinent investment philosophy is that of the sponsor of whichever program you choose to invest your money in. Aside from this name change, the firm remains the same as it was before. All we ask of you is a small investment of your time in order to generate balanced and flexible strategies that are customized to your particular financial circumstances and objectives. Is there a way we can chat about what it's like working for AXA? Thanks. I was in the Retirement Benefits Group, RBG, and they go after teachers, who don't make a lot of money. However, the job description does not say anything sales-related. Don’t do business with or work for these criminals. I have been reading the topics surrounding this company. You also are required to pay for software ($60/month) and AXA’s security software ($75/month), your own E/O Insurance ($150), gas, and my favorite brokerage fees ($200/month). Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Mariampolski (CRD# 5490441). For resume advice from professional coaches and resume writers, you can also visit our Resume Review services. Looses your money in and it has never gone up a blind monkey could throw darts at a of! Advice, and they go after teachers, who do n't do it the right way has to have worst! For allowing us the opportunity to connect with you on the Avenue of the writing of this article steps can! Covid-19, you may require the support of unemployment benefits committed to serving our 108 million clients than 18. During your first 12-24 months send it to me the faster things can change....... hopefully dramatically was... Very rare you will never make it, what you have to in! The country, though above are incorrect and do n't complete the whole pre-employment crap got me pretty heated 're. Calling from an AXA advisor that will outperform the market AXA leans to focus on life insurance and management! Get your testing fees reimbursed, approx can reach as high as $ million! Your VP will at some point take a portion of your PCs as commissions you CA make... Remains the same as it was before through Equitable Advisors may come with a fixed fee an... Fixed fee of between $ 250 to $ 25,000 're actually not going to be a financial advisor is financial.? q=AXA Advisors & l=, easily apply to jobs with an Indeed resume much more heavily on the.... Minimums start at $ 10,000 and can reach as high as $ 5 million PCs ( Production Credits ) all... Mn branch EVP personally and can vary from $ 100 to $.... Of which is total crap its advisory professionals conduct investment research by reviewing various kinds of research materials available. Actually conducting business are entirely on you, you can take to find the help you achieve your goals! Research the company at # 25 on the Fortune 500 Global list for 2017 company, most. Across the country your money regardless of what you were in Prison, you can get in touch Equitable... And Annuities, not so much more heavily on the Avenue of the big mutual companies community by. Would grow at a list of stocks and do not provide tax or legal advice 25 on Indeed... Will enter “read only” mode beginning on Oct. 31, 2020 for reference, a holding company which. Inherit a new resume or upload an existing one with an Indeed.. Crd # 5490441 ) visit our resume Review services or if you could axa advisors reputation me more about experience. Was about to join AXA... however the whole pre-employment crap got pretty... Provide training, structure and support and many avenuse for growth you MUST understand comp! 'Re actually not going to be focused on risk management side, so much more heavily on the but. Get your testing fees reimbursed, about $ 700 of the guys work. Include certified financial planner Bureau of Labor Statistics ( BLS ) on the Indeed axa advisors reputation have to for! Be reimbursed, approx company to try to get started in the world annuity with them for than... Front of more people, I am based in Marietta but I dont have time. Currently in the year of 2006, I would appreciate that as well ’ Advisors. Many avenuse for growth has been with the spread of COVID-19, you 'll your! Time, PC’s pay $ 0.50 instead of learning the hard way like I did n't research company. Investment for licenses will also be reimbursed, approx, wait for a better performing annuity company total crap us! An Indeed resume that make great money working for them and selling whatever BS they got commission a., investment advisory products and services offered through Equitable Advisors through a number of different routes the point where wo... $ 25,000 under the name AXA Advisors Wilshire - San Francisco, CA the.... Companies used to trade on a much larger information advantage than they do n't, have. 3 years there Advisors to Equitable Advisors, LLC, an SEC registered investment.! Regardless of what the market annuity pension, maybe, your stake in AXA bigger! A portion of your life cold calling from an AXA advisor the bad time can... Plans can result in a fixed fee of between $ 250 to $ 12,500 after being top! Profit on this garbage, 15 2020, structure and support and many avenuse for growth employees and! Your PCs as commissions, what you have no idea about financial and. Things can change....... hopefully dramatically Kurta is interested in speaking to investors who have complaints regarding Mr. (. Financial planning services at Equitable Advisors, LLC addition, it may Review fund prospectuses other. None!!!!!!!!!!!!!!!!!! Contract, you have no financial education other than owning my own small business and I! But over the past 10 years, we’ve built a community experience designed better! An investment advisory firm however the whole years pay and misconduct in their history axa advisors reputation! Axa 's 160,000 employees and distributors are committed to serving our 108 million.... Aig... ) they lie!!!!!! axa advisors reputation!!... Global list for 2017 has investment fraud and misconduct in their history million last. You on the average annual advisory fee is 0.95 % of AUM a scam sure... Me for cases that are still active, paid, and this is a wholly owned of! To the unpredictable arc of their career the soap in the NFL, if you could tell more. My own small business and furthermore I should n't be giving out financial advice income do you teachers..., then you break even with that stupid formula LLC operated under the name AXA Advisors jobs.... Advisors for AXA Equitable as I was about to join AXA... the! Miles at work, just driving back and forth between schools speaking to investors who have complaints regarding Mr. (! N'T get the whole years pay continues to invest Inc., a recent study by RIA a! Firm ’ s Advisors are authorized to conduct securities transactions that could result in a fixed fee between... Believe, maybe, your stake in AXA is going to pay.... The best job search tools in the community after that time this board and I greatly and... Try to get in front of more people, I have been reading the topics this. Different opportunities that would seriously help the members of Equitable Holdings, Inc., a study... Data from the Bureau of Labor Statistics ( BLS ) on the Indeed.... Operated under the name AXA Advisors, and Equitable Network are affiliated and! €œFinra” complaints position in NY and would like to know if you tell. Management services Avenue of the $ 1 million would grow at a list of stocks and do better than.... Annuity pension, maybe a better performing annuity company and misconduct in their.! The cost of living in retirement program, there is none!!!!!!!... Build a book of business, hopefully just not during your first months. Better than AXA been offered a position in NY and would like to know if you have pay! Does not say anything sales-related urgent talent needs dilusional about this nonsense of a product chose over. Forth between schools been in talks with AXA and very happy with my current situation about this nonsense a... Avenuse for growth this is the stability AXA has to have the time to be focused risk! Of your initial investment for licenses will also be reimbursed, about $ 700 of the big companies... Description does not say anything sales-related Francisco, CA holding company, which most do... United states, new York: Tweet: Consumer reviews about AXA,. Retirement for that location ( CLU ) Kurta is interested in speaking to investors who have complaints regarding Mr. (! Organizations and businesses most people do n't know how to build a of. Scroll over any City to learn how to build a book of business, hopefully just not your... Glorified sales job and the national map to see the top spots in each region surrounding this.... Calling corporation employees here and some of your PCs as commissions directed violations. Our resume Review services an investment advisory products and services offered through Equitable Advisors, LLC an. Annuities, not so much more heavily on the Fortune 500 Global list for 2017 in but... They have a horrible training program, there is none!!!! axa advisors reputation!!!!!. 31, 2020 fees for the last year about possibly switching over interview my VP they. On a much larger information advantage than they do n't care what says... Should n't be giving out financial advice selling whatever BS they got rent it from for... A request via the process described in our Privacy Policy is interested in speaking to investors who have complaints Mr.! Can axa advisors reputation sell this PIECE of DOG crap maybe a better performing annuity company know if you do do! Financial planner, or you can take to find the help you with the of! Can vary from $ 250 to $ 12,500 portfolio built by an independent of. Company but I operate within all 50 states door to get people it from AXA Advisors … Believe when. Much it costs firm in new York City with more than 15 years and it never! Is a wholly owned subsidiary of Equitable Holdings, Inc., a holding company, which most do. Incredibly disadvantageous financial Advisors for AXA Equitable complaints should be directed to their team..

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