A look at the reviews of AXA Equitable demonstrates the power it has in the industry. That's the nature of that business. They tend to prey on new advisors to the industry to pump up their recruiting numbers for the agency bonuses. The firm also offers a variety of financial, investment advisory and planning services through AXA Advisors, LLC. Take calls from FAs all the time. As is stated above, this firm changed its name from AXA Advisors to Equitable Advisors … Do you regret ever doing it? AXA Advisors customer reviews, complaints, and ratings. The Equitable Life Assurance Society is a subsidiary. Finding Financial Advisor If you are looking for a professional money management service in your area, you can search for a Financial Advisor on this website. RUN AWAY AS FAST AS YOU CAN! He graduated from CSU, enlisted in the army as an airborne … You will have to find clients, then sell those clients different products throughout your time working with them - especially on the insurance side of things. Securities offered through Equitable Advisors, LLC (NY, NY (212) 314-4600), member FINRA, SIPC (Equitable Financial Advisors … 50 reviews from AXA employees about working as an Intern at AXA. He graduated from CSU, enlisted in the army as an airborne infantry soldier, went to Iraq, fought for our freedom, got cancer during combat, finished his tour and … Business Details. They help sell our firms mutual funds and help shareholders set up accounts and do sell, pur, exc funds. Luckily, my gut feeling told me to keep my 'investments' with AXA relatively small and put the rest of my money elsewhere. Whether it's risk management or asset accumulation. 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. However, the job description does not say anything sales-related. Scam Warning: Equitable (AXA) Advisors Stole $10,000+ From Me. Yup I interned for a day there. AXA Advisors - Financial Consultant? Investment firm pros and cons. Press J to jump to the feed. It’s is very rare you will find a portfolio built by an Axa advisor that will … 2 TO THE INVESTMENT SUB-ADVISORY AGREEMENT (February 7th, 2020). ... it is likely that most of the advisors will get out of the business--AXA … Fast-forward almost three years and I've deposited approximately $10,000 into this policy/account/whatever. Do not take it. They also are notorious for charging you for licensing fees, having a work computer, desk, etc.. Very hard to start from nothing, and bad growth out look. 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. I completely agree with the above comments. Guys who have quit. You provide advice, the client decides whether or not to act on that advice. My husband worked for Axa for 77 weeks. Unfortunately, this was not the case... in retrospect, he saw a young/impressionable teenager with money that could be siphoned into his pockets. 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. Runnnnn I'm currently digging myself out of this mess. The A.M. Best company is a well-known rating agency, and it gives an A+ rating to AXA Equitable… Eq Advisors Trust – EQ ADVISORS TRUST AMENDMENT NO. If you do have assets managed by AXA… I assume it's commission only. 1,108 reviews from AXA employees about AXA culture, salaries, benefits, work-life balance, management, job security, and more. Plan your career in the wide world of finance. 2 to the Investment Sub-Advisory Agreement effective as of January 15, 2020, (“Amendment No. Cant speak personally, but I had a close colleague take an internship with them. Best Cities for Jobs 2020 NEW! Our areas of expertise are applied to a range of products and services that are adapted … 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. Why is it so hard to dig out of (if you don't mind me asking) ? Cookies help us deliver our Services. Shouldn't this be illegal in NYS? 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. A friend of mine introduced me to S, a financial 'advisor' at AXA Advisors (now Equitable) in Williamsville. I did the MassMutual route in front and back office and most young advisors fail or have to get second jobs. As I found out through researching AXA 403(b)’s, they are, in my opinion, one of the worst products on the market. When requesting to withdraw my money (which my financial advisor, S, told me I could do at any time) I was told that my 'surrender charges are higher than the account value, therefore there are no funds to disburse'. I was contacted by someone from the above group and pitched a life insurance plan that … AXA is one of the largest companies in the world. 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