AXA Advisors

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Category: Lifestyle

Contact Information
1633 Broadway 3rd Fl, New York, New York, United States

Phone number: 2124082008

AXA Advisors Reviews

Keepitreal22 July 1, 2011

Recruiting Tactics

I have been in the financial services industry for six years and have been constantly harrassed by recruiters and hiring managers for this company. My resume includes only large sell side banks, which I am sure is appealing to them, but I imagine this is the company's tactic to everybody. Any time my resume has been up on any type of career site or job board, within 2 weeks, I receive at least 3 phone calls from various AXA offices in the tri-state area along with a dozen or so emails. I actually went to meet with one of the hiring managers one time and this is their deal. If you are licensed, you basically pay them to work there. You do not get any draw on anything until you bring in 10k or so, (i forget the exact number). I am sure if you are not licensed, the probably pay for you to take classes while you cold call for them, and make you stay a certain amount of time before they will not make you reimburse them for the tests if you leave. Either way, it is the fog a mirror test that they hire on I am sure.

I was fully licensed for 4 years and was working at a top 2 investment bank when I went on my interview with them...they obviously told me a completely different story about compensation structure and what they could offer me to get me into the office.

I am now working at another top 3 brokerage firm and recently put my resume on monster/careerbuilder etc. Low and behold, in the last week I have gotten calls from 5 different offices and the usual email patterns. One recruiter from NY, pushed me to the point that I am posting this on here. I think this is probably the second time she emailed me in the last week, as I recognize the name, but I am not sure if she did this last time.

I received a recruiting email from her with my email address and everyone else that the blanket recruiting email was addressed to, visible in the To: box. I don't know about anyone else, but it really pisses me off that a recruiter from a firm of that size, or any firm for that matter, would be so unprofessional to copy my email address to a list of people who I have no affiliation with whatsoever. I responded to Eli Weiss and told her my thoughts, but below is her contact information if you have had similar experiences or want a job because I'm sure she will hire you if you have a heartbeat.

Eli Weiss
Managing Vice preisdent
1633 Broadway 3rd Fl
New york, NY 10019
212-408-2008 office
646-253-7797 fax
212-203-9595 cell
[email protected]

Signed,

AXA is a joke

Willjan February 19, 2009

Misrepresentation/altering documents

My wife was pressured into purchasing a "Variable Interest Annuity" by a registered and licensed sales agent for AXA/MONY. Part of the sales pitch was that the funds were the result of a divorce settlement and were a "Qualified Domestic Relations Order" (QDRO). This would allow a portion of the funds to be withdrawn without a penalty. (Taxes, of course, would have to be paid.

My wife received a letter from AXA's Philadelphia representative, a Paul Bufty, stating that it was a QDRO and that he was including the court QDRO with his letter. Well, no QDRO paperwork was issued. It was not a QDRO and two years after the fact the IRS placed a hefty penalty on the funds taken out.

My wife misplaced the original letter, but asked for a copy. A "copy" was sent to her, but all mention of the QDRO, and thus proof of the misrepresentation or error was eliminated. A complaint was filed with AXA's President. An "investigation" was conducted, which amounted to asking Mr. Bufty if he provided the incorrect "QDRO" information. He denied it and that ended the matter.

AXA declined to speak with either my wife's attorney who had knowledge of the affair, my wife (so she could question Bufty's claims, or myself, who was present at a significant meeting.

My wife now found the original letter stating that AXA considered it a QDRO. So, we have two letters, one with the misrepresentation of funds as QDRO and another letter, claimed to be the original with all references to the claims of the QDRO papers mysteriously missing.

Forgery is defined as the crime of falsely making or altering a writing by which the legal rights or obligations of another person are apparently affected. I am not a lawyer and hesitate in accusing the huge French financial giant of such petty actions to cover up a serious problem with a small investor. But, as the current banking mess shows, large corporations will behave in strange ways to get every advantage over ordinary, modest income Americans.