Builds up experience - Financial Advisor bei Equitable Advisors: Mitarbeiterbewertung

2,0
25. Okt. 2020
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CEO-Befürwortung
Geschäftsprognose

Pros

They will sponsor your series 7 Coworkers Flexible schedule Gives you experience in the industry and pros/cons

Kontras

You won’t make any money for 6 months if you don’t have another job. With the tests and PEP combined you will be spending a lot of money before you break even. A lot of insurance products and annuity business. Long hours with a lot of cold calling, and eventually paper work. Not for most people, because you depend a lot on commission. Will be having some moral dilemmas when you are thinking about products and how they pay and what’s actually is the best choice for a clients. I would look for a fee based firm or salary plus bonus if you are not established and are straight out of college.

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5,0
2. Juli 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Kontras

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

1,0
26. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Complete freedom to build your book of business anmd schedule.

Kontras

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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