Please Read Before Considering - Financial Professional Equitable Advisors Employee Review

1.0
Aug 1, 2020
Recommend
CEO approval
Business Outlook

Pros

They will act very nice towards you. (For reasons that will benefit them)

Cons

They will interview you and make it feel like if you put in the work you will make it through this business. They are currently on a hiring frenzy. You will be put through their "Fast Track" system which means right after you get your state life insurance they will pressure you to come in right away and start selling. The first day consisted of getting a high pressure sales script that they will listen to with you close friends and family. These are supposed to lead to meetings ran by your managers. They also require you to pay for all the testing and prep work, which is not at the industry standard. They claim it will get reimburse (which if you make it to get contracted you will get half back). This comes into the second half of problems where you will not receive an actual contract until you sell and obtain a certain amount of criteria (including getting licensed). The company is set up like a pyramid scheme that hires people on to burn through their contacts and have family/friends stuck in a position with the manager that hires you on. Also they charge you $600 for on boarding. Yes, they charge you for on boarding. The fail rate is over 90% but they claim otherwise. Place is a revolving door that just wants your contacts.

Explore other reviews about Equitable Advisors

5.0
Apr 2, 2026
Recommend
CEO approval
Business Outlook

Pros

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

Cons

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

1.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

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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