financial planner

Axa Advisors Salary Range

By Lisa Copely 9 July, 2023 2 mins read

Axa Advisors can earn anywhere from $29 814 to $176 195 per annum. Compensation is based on performance, commissions, and self-starter status. Axa salaries vary depending on experience and specific roles.

Axa Advisors salary ranges from $29,814 per year to $176,195 per year

Axa offers many career opportunities for business-minded individuals. The company offers an attractive compensation package and a competitive benefits package. Salaries at Axa are dependent on the job and level. A financial analyst can make $41,100 per year.

Self-starter is the basis of compensation

AXA Advisors offers excellent training and support to BDAs. All you need to be successful in your new career are provided with the necessary tools, such as financial planning fees and education credit courses. A comprehensive compensation package will be provided that includes a base salary, full commission, and an optional bonus.

Performance is the basis of commissions

The Trademark Licensing Agreement does not specify the amount of compensation for the license, but notes that Mooney received full payment and satisfactory compensation for the License. Mooney also claims that he had an ongoing agreement with AXA Advisors, which included one-quarter the 3.25% commissions earned other AXA agents and an additional percentage from his production.

Employees are selfstarters

Axa Advisors offers employees the opportunity for self-starting and career building. Axa Advisors offers extensive training and great benefits. A variety of educational credit courses are offered and market updates are provided by the company. AXA Advisors is an excellent place to work.

Locations

Axa advisors earn an average salary of $323,080. This can vary depending on the level of experience and location. The total compensation will vary depending on many factors such as the job description and skills. The following table gives an overview of Axa advisors’ compensation.

Bonuses

Axa advisors get bonuses based on their performance. Advisors typically earn a portion of annual premiums. However, this percentage can vary based on the level of commission received. Advisors may also be eligible for supplemental compensation. The compensation can be either flat or on a graduated scale that increases with the annual premium. Another type of bonus can be based on the continuation of in-force business.

FAQ

What Are Some Of The Different Types Of Investments That Can Be Used To Build Wealth?

There are several different kinds of investments available to build wealth. Here are some examples:

Stocks & Bonds
Mutual Funds
Real Estate
Gold
Other Assets

Each has its own advantages and disadvantages. Stocks and bonds, for example, are simple to understand and manage. However, they tend to fluctuate in value over time and require active management. Real estate, on the other hand tends to retain its value better that other assets like gold or mutual funds.

Finding something that works for your needs is the most important thing. To choose the right kind of investment, you need to know your risk tolerance, your income needs, and your investment objectives.

Once you have chosen the asset you wish to invest, you are able to move on and speak to a financial advisor or wealth manager to find the right one.

Do I need to pay for Retirement Planning?

No. No. We offer FREE consultations so we can show you what's possible, and then you can decide if you'd like to pursue our services.

Is it worth hiring a wealth manager

Wealth management services should assist you in making better financial decisions about how to invest your money. You should also be able to get advice on which types of investments would work best for you. This way you will have all the information necessary to make an informed decision.

But there are many things you should consider before using a wealth manager. Do you feel comfortable with the company or person offering the service? Is it possible for them to quickly react to problems? Can they explain what they're doing in plain English?

Who should use a wealth manager?

Anyone looking to build wealth should be able to recognize the risks.

It is possible that people who are unfamiliar with investing may not fully understand the concept risk. Bad investment decisions could lead to them losing money.

The same goes for people who are already wealthy. They may think they have enough money in their pockets to last them a lifetime. However, this is not always the case and they can lose everything if you aren't careful.

As such, everyone needs to consider their own personal circumstances when deciding whether to use a wealth manager or not.

Statistics

These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.com)
According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
As previously mentioned, according to a 2017 study, stocks were found to be a highly successful investment, with the rate of return averaging around seven percent. (fortunebuilders.com)
Newer, fully-automated Roboadvisor platforms intended as wealth management tools for ordinary individuals often charge far less than 1% per year of AUM and come with low minimum account balances to get started. (investopedia.com)