Axa?
13 RepliesJump to last post
A friend has been offered employment there. What is good and what is bad?
The payout is not very good according to an associate of mine that went there and then left. Went to ML. Also not good on marketing.
AXA has a great dollar for dollar 6% death benefit, but don't their sub accounts sort of suck?
[quote=Mike Damone]
AXA has a great dollar for dollar 6% death benefit, but don't their sub accounts sort of suck?
[/quote]
sorta?
does AXA do stock research? Offer bonds, cds, cmos? What about non proprietary funds?
avoid AXA, search and some have posted their experiences.
They have pretty crappy products and basically the solution for everything is their Equvest annuity.
If its the RBG position basically all they let you sell is the TSA, they have mediocre training, and about no support once licesned.
Also, they have many conditions that need to be met before you are compensated one cent. Make sure your friend is aware of all of these and they are in writing.
I heard that they will give you 50% upfront for a life or term
insurance policy…and 40% at the end of the year in the form of a
"bonus". but after the 1st year of the policy you will get trailing
commiss…less than 10% of the annual payment from the policy holder.
As for stock brokerage, does anyone know if the commiss is based on a
grid payout? Also I heard they charge you fees for your client to open
and maintain a brokerage account…(probably ticket charges, but I heard
they charge a monthly fee)