A Legal Pyramid Scheme - Financial Consultant bei Equitable: Mitarbeiterbewertung

1,0
9. März 2022
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CEO-Befürwortung
Geschäftsprognose

Pros

They sponsor you to get your financial licenses which if you can't get an elite company to pay for you, you get $500 or so if you pass half of them and it's worth finishing off anyways if you're serious about pursuing a career in finance.

Kontras

Cognitive Dissonance forever. It's a legal pyramid scheme that hypes you up as wealth management financial professionals but in reality you're cold calling random school teachers trying to get them to invest in a 403b so you can split the commission with your boss. You don't even get a guaranteed salary until you make like $3000 in commission after the first year. Senior management is nonexistent except to give random trainings which are just hour long motivational speeches on getting creative on "prospecting" aka finding friends and family to ask to invest.

Mehr Bewertungen zu Equitable entdecken

5,0
1. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Office is really nice and quiet.

Kontras

Don't really have any right now.

3,0
4. März 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Supportive team environment and good exposure to the wealth management industry. Interns get to see how financial planning, client servicing, and portfolio reporting actually work in practice. I gained experience using tools like Broadridge, eMoney, and Salesforce while working with real client data and reporting workflows. The internship was also helpful for learning how advisors think about long term financial strategies for clients. Sponsors your FINRA and insurance License

Kontras

Like many wealth management internships, some of the work can be administrative and repetitive. The learning experience depends a lot on which advisor or team you are assigned to. It would also be helpful if there were a more structured training program for interns at the beginning of the internship. The whole internship was acquiring your Life insurance license and your FINRA Series 7, 66, and the SIE. Just mostly studying at home or the office unpaid

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