It's a boiler room - Financial Advisor bei Equitable Advisors: Mitarbeiterbewertung

3,0
10. Nov. 2022
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CEO-Befürwortung
Geschäftsprognose

Pros

-Very straight forward path to success -Take the full commission contract and not the salary option -it's a boiler room, make 500 calls a day with a confident pitch and you will find some success -Fantastic jumping off point, get your Series 7, learn how to take constant rejection and then leave

Kontras

-You are not guaranteed a manager that will care about you, I was lucky to have one that did -It's likely you will not get paid for your first 2-3 months there -Hard to get to a contract for most -Culture is exactly what you'd expect, lots of kids who haven't faced adversity -Most successful strategy for landing opps is bait and switch

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Reaktion von Equitable Advisors
3y
Thank you for taking the time to provide feedback. We value your ambition to succeed and work hard to create a culture where you move forward as fast as you’re capable, not as fast as you’re told. As with building any business, growing your income brings responsibilities. The first year is often the most daunting but the rewards from building your client base are tremendous! We believe in teamwork, collaboration and rewarding hard work. Our culture is one of inclusion, collaboration, continuous learning and professional excellence. Your ambition, independence and individuality are what make you who you are. That’s why we offer so many ways to strengthen relationships with colleagues, invest in yourself, be a trusted resource to clients and give back to the community.

Mehr Bewertungen zu Equitable Advisors entdecken

5,0
2. Apr. 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Compensation structure, product availability, brokerage system, overall tools, open structure to do best for your clients

Kontras

Support staff are more hands off, not a lot of in house support staff members.

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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