Decent, could definitely use a lot of improvement. - Financial Professional Equitable Advisors Employee Review

3.0
8 Feb 2016
Recommend
CEO approval
Business outlook

Pros

Flexible schedule if you have a good manager that lets you run your business the way that works best for you instead of them.

Cons

Nickel and dimed for everything directly out of your paycheck, like monthly software fees. You're required to buy a computer that has ridiculous specs to run their software which you will end up paying over $1,000 for. You do not get paid nearly enough for the amount of work. More like a sweat shop where you build your managers book of business for them. You almost always give at least 10% of every case to someone else. The reputation of "selling a 403b in a cafeteria" is spot on.

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5.0
24 Nov 2025
Recommend
CEO approval
Business outlook

Pros

The education, resources, and support provided provided by leadership at the branch level (regional: OH and IN) and district level (local: Carmel Office) are excellent. If you want the best shot at succeeding in this career you'll be hard-pressed to find a better firm and a better team to do it with.

Cons

The statistics tell a story: As many as 9 in 10 people who become financial advisors are have left the career within their first three years. Its a challenging career path, period. But there are companies with better than average development and retention rates and Equitable is one of them for good reason.

1.0
26 Jun 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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