Why Financial Advisors Should Speak on Social Security

Financial advisors ought to speak to their clients about Social Security. Apparently, a good number of them do not. It is a delicate and fragile issue that needs to be addressed early enough. That begs the question, “Why are they not more forthcoming about it?”

In an interview with WSJ Wealth Advisor, the President of Nationwide Financial Distributors, Dr. David Giertz, expounded the matter through a survey his company conducted through the Nationwide Financial Retirement Institute. The reports were staggering. The survey which targeted consumers who’ve retired indicated that advisors never talked about the critical issues on Social Security. From his professional perspective, it is important for financial counsellors to shed the light on the issue. Further, the survey revealed that four out of five individuals in the sample population were inclined to change their advisors, if they failed to speak openly about Social Security.

According to Mr. David Giertz, advisors must show an interest in the matter, because people hire them for such reasons. Being part of the client’s retirement planning process, it is only noble that they advise them on it. Social Security benefit takes up to forty percent of the total retirement benefits. That’s a huge part.

Mr. Giertz further reported that those who turn on their social security accounts too early are at a high susceptibility level to lose an amount exceeding $ 300,000 over a quarter century on Twitter. Hence, in order for consumers to optimize on their retirement income, advisors should give Social Security a priority.

About David Giertz

Giertz is the President of Nationwide Financial Distributors at Nationwide Financial. Since 3 April, 2013, he has served as the Senior Deputy President of the Sales and Distribution Department at Nationwide Financial Life Insurance Company. In addition, in March the same year, he was appointed the president, Senior Deputy President, and Director of several other Nationwide Financial groups of companies.

In 2009, he was appointed the Senior Vice President at the Sales department at FI/WH, and he served for four years. From 2004-09, Mr. Giertz was the Vice President- Nationwide Financial Sales (Bank Services). He is a broker registered by the Financial Industry Regulation Authority (FINRA), and has never reported any disclosure situations on About.me.

Learn more about David Giertz: https://www.linkedin.com/in/david-giertz-5aa76051

David Giertz: Financial Advisor Equipping Businesses For Success

David Giertz is one of the top business leaders located in Columbus, Ohio. With 29 years of experience and working with 8 different firms, he is certainly equipped with invaluable experience. He attended Millikin University to obtain his Bachelor’s degree in Business Administration and Management on Facebook. He also attended the University of Miami – School of Business to obtain his MBA in Business Administration and Management. Additionally, he has passed 4 different exams adding to his list accomplishments including: State Security Law Exam, General Industry and Products Exam, and two sections of the Principal/Advisory Exam, which include municipal securities and general securities. Certainly, David Giertz’s contributions in the finance industry has not gone unnoticed. He has worked hard to build a credible name for himself and help those around him.

Currently, David is the President of Nationwide Financial’s sales and distribution organization, which is NFS Distribution Inc. Nationwide is a leading provider for retirement plans in the U.S. What Giertz does with this organization is create wholesale strategies and distribute the private sector retirement plans, annuities, life insurance, mutual funds through banks, specialty markets, independent broker/deals, regional firms, and warehouse. David Giertz is very passionate about helping others become financially stable on Finra. In fact, he has used different platforms to share relevant information with individuals about their finances. In an article with the Wall Street Journal, Giertz encourages other advisors to talk about social security with their clients.

Indeed, David Giertz’s financial knowledge has effectively been put to use. He has put a lot of time into helping other businesses and organizations not only remain organized, but help them keep their finances in check at http://www.wsj.com/video/speak-to-your-clients-about-social-security/8B2F5FA4-B0E8-4D71-A1E3-D29AA2711CC5.html. What makes him so successful is his passion and drive to provide people with the best advice to set them on the right track financially. It is without a doubt that Giertz is helping businesses thrive in order for them to reach their full potential.