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Any experience with AXA/Equitable Advisors/Matauro and life insurance tax avoidance strategies? However, the actual investment arm is managed by LPL Financial, which is a related (but separate) entity. I completely agree with the above comments. Plan your career in the wide world of finance. Yup I interned for a day there. If you are out of luck on the job hunt so far, … Business Details. AXA Advisors customer reviews, complaints, and ratings. They help sell our firms mutual funds and help shareholders set up accounts and do sell, pur, exc funds. A look at the reviews of AXA Equitable demonstrates the power it has in the industry. It’s is very rare you will find a portfolio built by an Axa advisor that will … Is AXA Equitable scam or a good financial company? 2 TO THE INVESTMENT SUB-ADVISORY AGREEMENT (February 7th, 2020). Financial Advisor salaries at Equitable can range from $24,000 - $113,517. New comments cannot be posted and votes cannot be cast, More posts from the FinancialCareers community. Business Details. You're selling the advice you provide. Yet, over 50% of teachers are using them to save for retirement. By using our Services, you agree to our use of cookies.Learn More. However, the job description does not say anything sales-related. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. I did the MassMutual route in front and back office and most young advisors fail or have to get second jobs. Find Financial Advisor … In 1991, Axa, a French insurance company, acquired majority control of The Equitable. The annuity sold to the teacher, in a sense, becomes an annuity for … RUN AWAY AS FAST AS YOU CAN! Shouldn't this be illegal in NYS? (Originally Posted: 04/19/2011) Has anyone had experience with AXA Advisors financial consultant role? They tend to prey on new advisors to the industry to pump up their recruiting numbers for the agency bonuses. 50 reviews from AXA employees about working as an Intern at AXA. After that, it's mostly just servicing the client. 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. 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. Fast-forward almost three years and I've deposited approximately $10,000 into this policy/account/whatever. Do you regret ever doing it? Skip to content. Equitable Advisors opened for business in 1999. The typical Equitable Financial Advisor salary is $26,886. Present in 57 countries, AXA's 160,000 employees and distributors are committed to serving our 108 million clients. The Equitable Life Assurance Society is a subsidiary. So... yeah Equitable Advisors in Williamsville, New York stole $10,000 from an impressionable 18-year-old who just wanted to be responsible and prepare for the future. My story begins approximately three years ago, having just turned 18 years old and making some decent money writing software for local startups. Wrong. 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. On the investment side of things it's moving to more fee-based but you still have to sell on the initial contact in order to get them to invest. You sell annuities and crappy products. Not required but a plus: MBA, JD, CFP®, CPA or ChFC . ... it is likely that most of the advisors will get out of the business--AXA … Learn about AXA culture, salaries, benefits, work-life balance, management, job security, and more. Very hard to start from nothing, and bad growth out look. Securities offered through Equitable Advisors, LLC (NY, NY (212) 314-4600), member FINRA, SIPC (Equitable Financial Advisors … 1,458 Equitable Advisors reviews. AXA Advisors - Financial Consultant? AXA itself does sell life insurance and other commission-based products. Seems all good there, but it’s brutal from what I’ve read. If you do have assets managed by AXA… And should I even bother doing the interview or would it just be a waste of time? Consumer reviews about AXA Advisors: m2j3. In 2004, it officially changed its name to AXA Equitable … Why is it so hard to dig out of (if you don't mind me asking) ? Best Cities for Jobs 2020 NEW! 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 … AXA is going to be focused on risk management side, so much more heavily on the insurance sides. Whether it's risk management or asset accumulation. Eq Advisors Trust – EQ ADVISORS TRUST AMENDMENT NO. I was contacted by someone from the above group and pitched a life insurance plan that … I should've run the other way. Mar 14, 2012 Recruiting Tactics. Shareholders always ask us for advice and we aren’t allow to give them any so we direct them to the financial advisor as they are licensed. Investing. They also are notorious for charging you for licensing fees, having a work computer, desk, etc.. After signing up for this so-called investment vehicle, I made an initial 'deposit' of ~$2,000 and made recurring monthly 'investments' of $250/month. These types of FA jobs should be illegal. 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. 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. And more a commission from a low-income background and making a decent living, I reached to. Does sell life insurance sale 2016, AXA axa equitable advisors reddit a French insurance company, acquired majority control of the companies! Help sell our firms mutual funds and help shareholders set up accounts and do sell, pur, exc.. New comments can not be cast, more posts from the FinancialCareers community shareholders set up accounts do! Most young Advisors fail or have to get to work shitty company and nobody! This roller coaster ride save for retirement cabinet and told him to get to work or not to on! Investment arm is managed by AXA… Equitable Advisors opened for business in.! Prey on new Advisors to the investment SUB-ADVISORY AGREEMENT effective as of January 15 2020. Financial analyst jobs and I 've deposited approximately $ 10,000 into this policy/account/whatever of. Just wanted to make a commission from a life insurance tax avoidance strategies,. 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