Is AXA Equitable a pyramid scheme?
Is AXA Equitable a pyramid scheme?
Equitable Advisors – This is a true pyramid scheme.
How much are AXA Advisors?
AXA pays agents 1.5% to 2% commissions on every future dollar you contribute to your 403(b) annuity. This creates ongoing compensation for your broker.
What do AXA Advisors do?
Equitable Advisors, formerly known as Axa Advisors, is a dually registered investment advisor and broker-dealer headquartered in New York. The firm offers both financial planning and asset management services through financial professionals located across the country.
Is AXA a good company?
Axa is a great company, management is always trying to improve job happiness. We have good benefits and 4 months maternity leave. Flexible hrs and work at home flexibility. Every one is friendly and respectful of each other.
Does AXA pay a base salary?
AXA Salary FAQs How does the salary as a Financial Advisor at AXA compare with the base salary range for this job? The salary starts at $55,028 per year and goes up to $228,193 per year for the highest level of seniority.
Is AXA Equitable legit?
Financial Strength and Ratings 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.
Why is AXA now equitable?
AXA began the process of spinning Equitable off as a separate company in 2017, partly in response to changes in European insurance company accounting and solvency laws. AXA distributed stock in the unit, which was then known as AXA Equitable, to its own shareholders in May 2018.
Do financial advisors make a lot of money?
Financial advisors have a median annual salary of nearly $89,000, and the highest-paid ones can make over $200,000. It pays to know how to handle money – literally. If you’re good enough to help manage the financial situation of others, you just may be able to fetch an impressive salary for yourself.
How much do AXA Financial Advisors make?
AXA Salary FAQs The salary trajectory of a Financial Advisor ranges between locations and employers. The salary starts at PHP 55,028 per year and goes up to PHP 228,193 per year for the highest level of seniority.
Does AXA still own equitable?
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. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018.
Is financial advisor a stressful job?
High Stress Industry Financial advisors can experience a great deal of stress when starting this career. Financial advisors are constantly managing the emotions of their clients based on downturns in the market, and this can lead to a high level of stress over time.
What happened to AXA?
