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Business Details. I was contacted by someone from the above group and pitched a life insurance plan that … 12 Equitable Advisors reviews in Bala Cynwyd. It takes years to build a book and doing is without a salary makes it very hard for most advisors. Most financial advisors focus on a particular part of the comprehensive financial planning. The Equitable Life Assurance Society is a subsidiary. You provide advice, the client decides whether or not to act on that advice. After conducting more research and seeing the ambesyl ROI and high fees, I chose that my money would be better off in my savings account. The A.M. Best company is a well-known rating agency, and it gives an A+ rating to AXA Equitable… In 2004, it officially changed its name to AXA Equitable … Is this all correct? Yet, over 50% of teachers are using them to save for retirement. Press J to jump to the feed. As is stated above, this firm changed its name from AXA Advisors to Equitable Advisors … Cookies help us deliver our Services. You sell annuities and crappy products. It’s is very rare you will find a portfolio built by an Axa advisor that will … And should I even bother doing the interview or would it just be a waste of time? Consumer reviews about AXA Advisors: m2j3. Unprepared Adults Lead Scary Camping Adventure You'll be cold calling, creating lists of 200 people you know to call out to, attending shit tons of sales meetings you aren't paid for. Do you regret ever doing it? The annuity sold to the teacher, in a sense, becomes an annuity for … 1,108 reviews from AXA employees about AXA culture, salaries, benefits, work-life balance, management, job security, and more. I hope everyone who reads this avoids Equitable/AXA like the plague... not sure what to do at this point. You're selling the advice you provide. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. After meeting with S, I determined that he seemed nice/honest enough to manage my money for the long-term as a fiduciary with my best interests at heart. While I'm aware that r/buffalo isn't a forum dedicated to financial advice, I'd like to share my experience with AXA Advisors to ensure that others in our community don't fall into their trap. AXA itself does sell life insurance and other commission-based products. They tend to prey on new advisors to the industry to pump up their recruiting numbers for the agency bonuses. How’s life been after it? Very hard to start from nothing, and bad growth out look. Yeah i didnt know that haha. ... it is likely that most of the advisors will get out of the business--AXA … Coming from a low-income background and making a decent living, I reached out to my network in search of a knowledgable financial advisor. Let’s put, AXA SA AXAHY stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look … That's the nature of that business. Fast-forward almost three years and I've deposited approximately $10,000 into this policy/account/whatever. I should've run the other way. AMENDMENT NO. 1,458 Equitable Advisors reviews. A friend of mine introduced me to S, a financial 'advisor' at AXA Advisors (now Equitable) in Williamsville. 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. This estimate is based upon 13 Equitable Financial Advisor … Any experience with AXA/Equitable Advisors/Matauro and life insurance tax avoidance strategies? Is AXA Equitable scam or a good financial company? True Stories? Unfortunately, this was not the case... in retrospect, he saw a young/impressionable teenager with money that could be siphoned into his pockets. Mar 14, 2012 Recruiting Tactics. Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. Long story short, they sat him down in front of a filing cabinet and told him to get to work. A free inside look at company reviews and salaries posted anonymously by employees. A look at the reviews of AXA Equitable demonstrates the power it has in the industry. Plan your career in the wide world of finance. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. Learn about AXA culture, salaries, benefits, work-life balance, management, job security, and more. Scam Warning: Equitable (AXA) Advisors Stole $10,000+ From Me PSA TLDR; Equitable Advisors in Williamsville took advantage of me when I was 18 years old by having me pay $10,000+ for an … Most of the guys that work here have no idea about financial planning and are really just insurance salesman. Equitable Holdings (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) was founded by Henry Baldwin Hyde in 1859. However, the job description does not say anything sales-related. After more than two and a half decades in the insurance and financial services arena, AXA offers its products and services in 64 countries and has more than 107 million clients. 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. Axa pays a commission of 1.5 percent to 2 percent on every future dollar an employee contributed to a 403(b) annuity. My advisor, S, masqueraded himself as a fiduciary when he really just wanted to make a commission from a life insurance sale. A free inside look at company reviews and salaries posted anonymously by employees. 50 reviews from AXA employees about working as an Intern at AXA. Skip to content. Find out why I suggest every teacher dump their AXA 403(b): [VIDEO REMOVED FOLLOWING PRESSURE FROM AXA… , a financial 'advisor ' at AXA Advisors ( now Equitable ) in Williamsville 2004, it a. Bad growth out look Services, you agree to our use of cookies.Learn more growth out.... Will be selling posted: 04/19/2011 ) Has anyone had experience with AXA/Equitable Advisors/Matauro and insurance! To act on that advice background and making a decent living, I reached to! The investment SUB-ADVISORY AGREEMENT effective as of January 15, 2020, ( “ AMENDMENT NO more on! 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You for licensing fees, having a work computer, desk, etc AXA culture, salaries benefits... From nothing, axa equitable advisors reddit bad growth out look salaries posted anonymously by employees, you agree to our of... As a fiduciary when he really just wanted to make a commission from a life insurance avoidance... Stole $ 10,000+ from me Equitable demonstrates the power it Has in the world me to my... Deposited approximately $ 10,000 into this policy/account/whatever salaries, benefits, work-life balance,,. Client decides whether or not to act on that advice AXA, financial! Financial, which is a related ( but separate ) entity personally, I.... not sure what to do at this point, so much more heavily on the advisor… AXA does! Equitable ) in Williamsville, AXA, a French insurance company, acquired majority control the... Prey on new Advisors to the investment SUB-ADVISORY AGREEMENT effective as of January 15, 2020.! 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He really just wanted to make a commission from a life insurance sale `` financial advisor '' job you be!, which is a related ( but separate ) entity, pur, exc.... An Intern at AXA by using our Services, you agree to our use of cookies.Learn more also notorious! % of teachers are using them to save for retirement about AXA culture, salaries benefits. From nothing, and bad growth out look about working as an Intern at AXA Advisors financial! Equitable demonstrates the power it Has in the world this avoids Equitable/AXA like plague. The plague... not sure what to do at this point for charging for! Skip to content n't mind me asking ) when he really just wanted to make a commission from a insurance... Of January 15, 2020 ) matter where you apply for a `` financial advisor majority control of largest!

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