Not Worth it - Financial Advisor Trainee bei Equitable Advisors: Mitarbeiterbewertung

1,0
12. Jan. 2021
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CEO-Befürwortung
Geschäftsprognose

Pros

Friendly staff and manager. I liked most of the people I worked with.

Kontras

Salary -Low Base Salary ($24k for California is not livable) -The salary ramps down, so year 2 you'll have a base salary of 12k and $0 by year 3. -You get 2 options: 1) 100% commision, no base salary or 2) They basically take half Training -Do not pay you while you train (You'll be making no money while you get the 4 licenses it takes to get the job; other companies like Bank of America will pay) -Make you pay for your Life and Health exam and SIE and study materials (Any respectable firm will pay for those things for you) -Make you pay for your finger prints and other regulatory needs. -You have to use their laptop to access their website which YOU will have to pay for. That is not normal. You will have to rent a laptop from them which you will pay them money each month to use. A respectable company would buy you a laptop which you would use while youre their employee Summary -This is a classic "Churn and Burn" Company. They only want your friends and familys accounts and then youll quit and theyll keep them with their "Non-compete" clause in the contract youll have to sign. Do not work for them.

Mehr Bewertungen zu Equitable Advisors entdecken

5,0
2. Apr. 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

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

Kontras

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

3,0
2. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

- Great place to go to get full licensed quickly - You create and build your own business

Kontras

- No real base - if you don't have a solid network or don't work close with a senior advisor you won't make it. - High turn over rate

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