Is equitable a good company?

AXA Equitable is considered to be an extremely strong company from a financial standpoint. It also pays out its insurance claims quickly and consistently to its policyholders. For these reasons and more, the insurer has been provided with high ratings from different agencies.

>> Click to read more <<

Beside this, how does Equitable Advisors make money?

Equitable Advisors acts as a registered securities broker-dealer in addition to being an investment advisory firm. This means that many of the firm’s advisors are authorized to conduct securities transactions that could result in the earning of commissions.

Likewise, people ask, is AXA Advisors a pyramid scheme? The company is set up like a pyramid scheme that hires people on to burn through their contacts and have family/friends stuck in a position with the manager that hires you on. Also they charge you $600 for on boarding. Yes, they charge you for on boarding.

Regarding this, does AXA Equitable still exist?

In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. By 2018, the company had over 15,800 agents licensed by the State of California. In January 2020, it changed its name to Equitable Holdings, Inc.

Why did Equitable Life Fail?

Founded in 1762, Equitable Life is the oldest mutual life insurance company in the UK. It came to the brink of collapse in 2000 after it could not afford to pay guarantees on pensions annuities, and was forced to put itself up for sale and close to new business.

Is equitable a pyramid scheme?

Equitable Advisors – This is a true pyramid scheme.

Does Equitable Advisors pay a salary?

The typical Equitable Financial Advisor salary is $27,932. … When factoring in bonuses and additional compensation, a Financial Advisor at Equitable can expect to make an average total pay of $51,030 .

How many advisors does Equitable have?

4,330

Is equitable an MLM?

This is essentially a MLM scheme, and there is so much turnover here once employees realize what the position actually entails. … Please be careful of what you are getting into prior to accepting this position.

How much do AXA Advisors make?

The typical AXA Financial Advisor salary is $27,980. Financial Advisor salaries at AXA can range from $21,172 – $108,142. This estimate is based upon 50 AXA Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods.

Is AXA a good company to invest with?

Pros: I work through my Financial Consultant and have so for a good number of years. Of course some down years, but overall, AXA has done well by me and have considered investing more into my fund. … With the ability to offer insurance and investment advisory services, your advisor will help you meet your goals.

Is Equitable Advisors a good job?

Equitable has given me all the tools and opportunities to build a successful and rewarding career. I have worked with a great team that pushes me to be the best Financial Advisor I can be. These positions require a not-insignificant amount of capital to get started.

Who took over Equitable Life?

In June 2018, Equitable Life announced that Life Company Consolidation Group (now Utmost Life and Pensions) had agreed to buy the company for £1.8bn, with most policies to be transferred to Utmost’s Reliance Life subsidiary and converted to unit-linked.

Who owns Equitable Life of Canada?

Assuris

Who owns Equitable Life?

AXA Financial, Inc.

Leave a Reply