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AXA RBG as a first sales gig?

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Apr 2, 2009 6:22 pm

Hey everyone,

I was recently offered a position with the AXA Retirement Benefits Group. Before this I was working at Wachovia as an Underwriter as my first job out of school. I am unlicensed and do not have any experiance in sales which has made it difficult to find a job as a FA.

I have heard a lot of mixed opinions in regards to AXA on this fourm, but does anyone have any advice on firms that are still hiring newbies? The only other firms I found that where acitivly persuing new unlicensed hires in Southern California are Ameriprise and other pyrimad companies. Anyone have any input? Is AXA a terrible place to start?

-TZ

Apr 2, 2009 6:33 pm
h2ozep:

The only other firms I found that where acitivly persuing new unlicensed hires in Southern California are Ameriprise and other pyrimad companies.

  You're not even in the biz and are lumping Ameriprise in as a pyramid (learn to spell, hobo) company?  F**k you.  Why don't you ask Wachovia if they will consider promoting you up as a financial advisor within their network?  I heard their platform is doing very well right now.
Apr 2, 2009 7:18 pm

There is a reason I am looking for a new job. I was laid off from
Wachovia when they where purchased by Wells Fargo. I guess I can label
Ameriprise a multi level marketing company if that makes you feel
better. Whatever the term, it is not a firm I want to work for. Also,
in my opinion having a typo on a message board is not a criminal
offense and being a Grammar Nazi on a message board only shows that you
are insecure and pathetic. Now if anyone has any actual advice it would
be great.

-TZ

Apr 2, 2009 7:36 pm

I don’t have any direct advice about AXA but I know that Edward Jones is still hiring FA’s new to the business. They aren’t very popular on this forum so take what you hear with a grain of salt. I have a friend who works for them and says that their training program is pretty good for someone new to the business. Not having sales experience will probably be a big hurdle to overcome in a maket that is saturated with out of work sales people. Good luck.

Apr 2, 2009 8:48 pm
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Apr 2, 2009 8:50 pm

.

Apr 2, 2009 8:52 pm

[quote=3rdyrp2][quote=3rdyrp2][quote=h2ozep]Also, in my opinion having a typo on a message board is not a criminal offense and being a Grammar Nazi on a message board only shows that you are insecure and pathetic.


-TZ [/quote]   "The only other firms I found that where acitivly persuing new unlicensed hires in Southern California are Ameriprise and other pyrimad companies."   Three consecutive incorrectly spelled/used.  I wonder why you were laid off.  MLM company?  Check out Waddell and Reed or Primerica.  They're more legitimate.   I'm really a nice guy though, once you get to know me.
Apr 2, 2009 9:53 pm

[quote=h2ozep]Hey everyone,

I was recently offered a position with the AXA Retirement Benefits Group. Before this I was working at Wachovia as an Underwriter as my first job out of school. I am unlicensed and do not have any experiance in sales which has made it difficult to find a job as a FA.

I have heard a lot of mixed opinions in regards to AXA on this fourm, but does anyone have any advice on firms that are still hiring newbies? The only other firms I found that where acitivly persuing new unlicensed hires in Southern California are Ameriprise and other pyrimad companies. Anyone have any input? Is AXA a terrible place to start?

-TZ

[/quote]

You’re probably better suited for Bear Stearns or Lehman Brothers. Contact them first.

Apr 4, 2009 7:58 am
"Three consecutive incorrectly spelled/used."
If you are going to correct someone at least use proper sentence construction You need to add something a noun to that sentence. Something like "words" would work. i.e. Three consecutive incorrectly spelled/used words.

Also in a previous post of yours you mentioned that.

"Hmmm...Ameriprise isn't on that list. You must be a college graduate?"

I find it funny that you bash your own company in a previous post.

"(learn to spell, hobo)"

That is a weak and almost laughable burn. If you are going to try to make fun of someone at least pick something that doesn't sound like you are in the 3rd grade.

Finally, it must suck to get so bent out of shape when someone even mentions your company in a light that you do not agree with. You must secretly agree with the comment seeing as how vehemently you opposed it. Psychology 101 teaches you as much. It is like a rumor in the tabloids about some star. If the star makes a big deal about it... you can be pretty sure it is true.
Apr 18, 2009 7:59 pm

Anyone want to buy some candy bars for $1?  My cut is only $.15 

Apr 20, 2009 2:09 pm

[quote=h2ozep]

"Three consecutive incorrectly spelled/used."
If you are going to correct someone at least use proper sentence construction You need to add something a noun to that sentence. Something like "words" would work. i.e. Three consecutive incorrectly spelled/used words.

Also in a previous post of yours you mentioned that.

"Hmmm...Ameriprise isn't on that list. You must be a college graduate?"

I find it funny that you bash your own company in a previous post.

"(learn to spell, hobo)"

That is a weak and almost laughable burn. If you are going to try to make fun of someone at least pick something that doesn't sound like you are in the 3rd grade.

Finally, it must suck to get so bent out of shape when someone even mentions your company in a light that you do not agree with. You must secretly agree with the comment seeing as how vehemently you opposed it. Psychology 101 teaches you as much. It is like a rumor in the tabloids about some star. If the star makes a big deal about it... you can be pretty sure it is true. [/quote]   h2o, your problem is you came on a message board asking for advice, and immediately started throwing people (and the companies at which they earn their livelihood) under the bus. As someone who is not in the business, it is a bit out of line.   As for the 'Grammar Nazi' thing (still don' t know why people still think it is ok to call people a 'Nazi', but that is a conversation for another time), you probably got off easy on that one. There have been some very long threads on this board where people have gotten taken to task on their poor usage of what is probably their primary and singular language of communication.   Finally, try Jones. They hire people with no sales experience. But also be grateful that anyone is offering you a position, there are a lot of experienced brokers looking for a new place to land.
Apr 22, 2009 12:18 am

On a serious note, AXA RBG is in my fiancee’s school, as well as my mother’s.   I interviewed with a competitor of theirs here in South Jersey and declined.  My understanding is, the 403b programs in NJ, and maybe nationwide, are set up so only insurance companies can have access to the schools.  Gosh, I love Pay To Play. 
From what I understand, there’s no cold calling, you just go to schools and hopefully sign up teachers for a 403b plan.  I take issue with the VA component to it, especially because teachers have pensions, so in my mind, a second annuity/pension is not needed, especially with the ridiculous fees.  I looked at the materials and the fees are not explained with clarity and in an easy to understand format. 
I am not sure if this industry is the best place for a first sales gig–I would be more inclined, if I was early 20s or whatever, to look at Pharma or Medical or Industrial first, get a good 1-200+ contacts, and maybe switch over in five years or so.