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Should I even bother with AXA?

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Jun 6, 2009 2:34 pm

Probably doesn’t include locality pay.  My wife is in the Air Force and she gets a pretty modest salary (For her age and years in) but the tax free locality pay on top of that is close to the tax equiv. of an extra $25-30k.

Jun 7, 2009 1:49 am

I can’t comment on what the current pay scales are at.  I got out as an O-2 more than a decade ago.

Feb 27, 2011 4:06 pm

Don’t Do Business With or Work For These Criminals. Here's what I witnessed at AXA?

• Numerous client complaints from unsuitable investment recommendations and poor customer service.

• Reports of dishonest activities and taking advantage of customers, driven by greed with a total disregard of industry regulations.

• Illegal kickbacks and ponzi schemes have been reported with charges and litigation pending against this company.

• There are reports of the sales force not meeting regulatory requirements to conduct business as registered investment advisors.

• Testimonials from employees and customers reveal disturbing facts about compliance violations, unethical behavior and criminal activities.

Apr 21, 2011 2:18 pm

Be VERY careful at AXA.  I was there 3 years, top producer, etc.  i left on good terms for another opportunity and they are trying to collect almost $18k in comissions.  I could understand if the policies lapsed, etc.  but they are trying to collect because i am no longer there.  the policies are still inforce.  

All I am saying is be very careful about their comp plan.  there was no one in the office that truely understood it, so it was hard to get questions answered.  

[quote=Muhny]Greeting everyone!

I'm a long-time reader, but first time poster.

I've been looking into FA jobs for a little while, but no luck actually getting a job yet.  I guess it's harder than it used to be to find firms that will take you without a license.

Anyway, I have been going through the interview process with AXA Advisors.  From what I hear, it's more of a life insurance job than an FA job.  They haven't revealed too much about the training or how the marketing funnel is supposed to work, but maybe I am too early in the process.

So far, I have been to an orientation, and an interview with a branch VP and his "top advisor."  I took some online test that is supposed to measure my success and they have called back since... in a very excited tone.

I have a million questions... really, I'm not even sure if I should call them back.  Most of the forums seem to be pretty negative about AXA.  Can anyone say anything positive?  It seems many life insurance companies don't have you take the series 7(AXA is one of the one companies that does), so isn't that a benefit?

Since all the training stuff is "pre-contract," I was thinking about accepting the job (if offered) and keeping looking for something better while in "pre-contract."

If I can't get a better job, I figure I'll just stay and hash it out.

Oh yea.. they mentioned that they don't do traditional prospecting.  My assumption is that I have to bug all my friends to buy stuff.  Am I right?  What happens when I run out of friends?  I mean, even if I have 300 friends to call on.... they will eventually dry up if I don't do any more prospecting of any kind.

Why is this sounding like Amway to me?

Any thoughts? Advice?

[/quote]

Apr 21, 2011 2:20 pm

Be VERY careful at AXA.  I was there 3 years, top producer, etc.  i left on good terms for another opportunity and they are trying to collect almost $18k in comissions.  I could understand if the policies lapsed, etc.  but they are trying to collect because i am no longer there.  the policies are still inforce.  

All I am saying is be very careful about their comp plan.  there was no one in the office that truely understood it, so it was hard to get questions answered.  

[quote=Muhny]Greeting everyone!

I'm a long-time reader, but first time poster.

I've been looking into FA jobs for a little while, but no luck actually getting a job yet.  I guess it's harder than it used to be to find firms that will take you without a license.

Anyway, I have been going through the interview process with AXA Advisors.  From what I hear, it's more of a life insurance job than an FA job.  They haven't revealed too much about the training or how the marketing funnel is supposed to work, but maybe I am too early in the process.

So far, I have been to an orientation, and an interview with a branch VP and his "top advisor."  I took some online test that is supposed to measure my success and they have called back since... in a very excited tone.

I have a million questions... really, I'm not even sure if I should call them back.  Most of the forums seem to be pretty negative about AXA.  Can anyone say anything positive?  It seems many life insurance companies don't have you take the series 7(AXA is one of the one companies that does), so isn't that a benefit?

Since all the training stuff is "pre-contract," I was thinking about accepting the job (if offered) and keeping looking for something better while in "pre-contract."

If I can't get a better job, I figure I'll just stay and hash it out.

Oh yea.. they mentioned that they don't do traditional prospecting.  My assumption is that I have to bug all my friends to buy stuff.  Am I right?  What happens when I run out of friends?  I mean, even if I have 300 friends to call on.... they will eventually dry up if I don't do any more prospecting of any kind.

Why is this sounding like Amway to me?

Any thoughts? Advice?

[/quote]