AXA Advisors LLC
A subsidiary of AXA Equitable Holdings, Inc.
1290 Sixth Ave.
New York, NY 10104
Clearing firm: LPL Financial
No. advisers: 4,757
No. franchises: 40
Year founded: 1999
Year end: Dec. 31
No. of retail offices: 35
Recruitment & Staffing
|No. of reps||4,757||4,712||4,765|
|No. of producing reps||4,406||4,326||4,375|
|No. of reps producing $100K-$499K /year||1,638||1,492||1,474|
|Total revenues: Other||$43,105,456||$35,112,648||$31,834,793|
|Total account assets||$130,050,400,000||$136,600,420,000||$119,818,000,000|
|Total account assets: Other||$105,460,500,000||$112,851,800,000||$101,241,000,000|
|Average assets per rep||$27,338,743||$28,989,902||$25,145,435|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||Awareness and marketing|
May 29, 2019 - Currently, less than 30% of advisers are women. What can be done to change this trend. Tammy Butts of Axa Advisors offers some solutions.
May 2, 2019 - The Financial Industry Regulatory Authority Inc. has fined AXA Advisors $600,000 and ordered the firm to pay approximately $172,000 in restitution for distributing materials that "negligently misrepresentated" five bond funds as investment grade when...
May 1, 2019 - An elderly couple in upstate New York won a $3.2 million Finra arbitration award against AXA Advisors in a case involving unsuitable variable annuity and life insurance sales. James and Sandra Fitzpatrick alleged that their then-AXA representative, Francesco...
April 24, 2019 - Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...
October 23, 2018 - LPL Financial has signed on a $500 million firm from Cadaret Grant. Beltz Ianni & Associates, which is based in Rochester, N.Y., was with Cadaret Grant & Co. for seven years before switching to LPL, according to Finra BrokerCheck. The firm has more than...
August 18, 2018 - Has Trust Company of America hitched its wagon to a star or turned its back on loyal clients? It depends on whom you ask. Either way, the $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...
May 30, 2018 - A former AXA Advisors broker in Scottsdale, Ariz., has been indicted on charges that he stole $475,000 from three of his clients' retirement accounts, according to a statement by the state attorney general's office reported by azcentral.com. Howard Price...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.
Fintech and sustainable investing are two factors being watched closely by some of the 2019 class of InvestmentNews' 40 Under 40.
Members of the 2019 InvestmentNews class of 40 Under 40 have strategies to overcome the challenges of being young in a mature industry.
Latest news & opinion
Our 40 Under 40 project, now in its sixth year, highlights young talent in the financial advice industry. These individuals illustrate the tremendous potential of those coming up in the profession. These stories will surprise, entertain, educate and inspire.
The secretary of the commonwealth is proposing a fiduciary standard in response to an SEC investment-advice rule he views as too weak.
Here are some books that will keep you informed and entertained during summer's downtime
There's never been a better time to do a Roth conversion, and here are several ways to go about it.
Company is offering clients complimentary, two-year membership to an identity theft protection and credit monitoring service.