financial advisors

Axa Advisors Salary Range

By James Fletcher 25 June, 2023 2 mins read

Axa Advisors earn between $29,814 and $176,195 per years. Compensation is based on commissions, performance, and self-starter status. The Axa salary range is dependent on your level of experience and the role you are playing.

Salary ranges for Axa Advisors are between $29 814 per annum and $176 195 per annum

Axa offers many career options for business-minded individuals. The company offers attractive benefits packages and a competitive salary package. Salaries at Axa can vary widely based on the position and level. A financial analyst can make $41,100 per year.

Self-starter is the basis of compensation

AXA Advisors provides excellent training and support as a BDA. Your new career will give you all the tools to succeed, including financial planning services and educational credit courses. Additionally, you'll receive a comprehensive compensation package, which includes base pay and a full commission structure, as well as an optional bonus.

Commissions are based on performance

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. In addition, Mooney alleges that he had an ongoing arrangement with AXA Advisors that included one-quarter of the 3.25% commissions earned by other AXA agents, and an additional percentage of his production.

Employees are self-starters

Axa Advisors offers its employees an opportunity to become self-starters and build careers. The company provides extensive initial training and a great benefit structure. In addition, there are a number of educational credit courses available and market updates. AXA Advisors is a great place to work.

Locations

The average salary for an Axa Advisor is $323,080, with a range of $283,279 to $374,329 depending on experience and location. The job description, education, skill level, and location all play a role in the total compensation. The following table gives an overview of Axa advisors’ compensation.

Bonuses

Axa advisors get bonuses based on their performance. This generally means that advisors receive a percentage annual premiums. This percentage can change depending on the amount of commission earned. Advisors may also be eligible for supplemental compensation. This compensation can be paid on a flat commission or on a graduated basis that increases with each year's premium. Another type of bonus is based on the persistency of in-force business.

FAQ

How to Beat Inflation With Savings

Inflation is the rise in prices of goods and services due to increases in demand and decreases in supply. Since the Industrial Revolution, when people began saving money, inflation has been a problem. The government manages inflation by increasing interest rates and printing more currency (inflation). You don't need to save money to beat inflation.

For example, you can invest in foreign markets where inflation isn't nearly as big a factor. The other option is to invest your money in precious metals. Gold and silver are two examples of "real" investments because their prices increase even though the dollar goes down. Precious metals are also good for investors who are concerned about inflation.

What is wealth administration?

Wealth Management refers to the management of money for individuals, families and businesses. It covers all aspects of financial planning including investment, insurance, tax and estate planning, retirement planning, protection, liquidity and risk management.

What is a Financial Planning Consultant? And How Can They Help with Wealth Management?

A financial advisor can help you to create a financial strategy. They can analyze your financial situation, find areas of weakness, then suggest ways to improve.

Financial planners are professionals who can help you create a solid financial plan. They can give advice on how much you should save each monthly, which investments will provide you with the highest returns and whether it is worth borrowing against your home equity.

Most financial planners receive a fee based upon the value of their advice. However, planners may offer services free of charge to clients who meet certain criteria.

How old do I have to start wealth-management?

Wealth Management is best when you're young enough to reap the benefits of your labor, but not too old to lose touch with reality.

The sooner you invest, the more money that you will make throughout your life.

If you want to have children, then it might be worth considering starting earlier.

If you wait until later in life, you may find yourself living off savings for the rest of your life.

What is risk-management in investment management?

Risk management is the art of managing risks through the assessment and mitigation of potential losses. It involves identifying and monitoring, monitoring, controlling, and reporting on risks.

An integral part of any investment strategy is risk management. The goal of risk management is to minimize the chance of loss and maximize investment return.

The key elements of risk management are;

Identifying the source of risk
Monitoring the risk and measuring it
Controlling the risk
How to manage the risk

Statistics

A recent survey of financial advisors finds the median advisory fee (up to $1 million AUM) is just around 1%.1 (investopedia.com)
According to a 2017 study, the average rate of return for real estate over a roughly 150-year period was around eight 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)
If you are working with a private firm owned by an advisor, any advisory fees (generally around 1%) would go to the advisor. (nerdwallet.com)