A veteran of the financial industry, David Giertz, did an interview with the Wall Street Journal where he revealed the results of a survey his company performed of people saving for retirement. The survey showed that most people will switch financial advisers when they won’t discuss the role that social security plays in their retirement.
Many financial advisers won’t discuss social security, according to Giertz, because it’s very complicated and involves over 2,600 rules. Giertz has two reasons that financial advisers need to approach the issue; first retention and second how important the issue is.
Most people derive a large amount of their retirement income today from social security. It’s too much a part of their income to brush over and ignore. David Giertz also said that financial advisers, if they want to hold onto their clients, need to discuss it as the survey shows they will undoubtedly lose clients if they don’t.
David Giertz has been advising clients and managing their assets for over 30 years. He is a certified financial adviser with Nationwide Investment Services Corporation and works out of Columbus, Ohio. Giertz is also the President of Nationwide Financial Distributors on SoundCloud.com, a subsidiary of Nationwide Financial. He has a wealth of experience in retirement planning, life insurance, specialty markets, and annuities. Giertz has helped hundreds of clients meet their retirement and investing goals on cnbc.com. He also has learned about tough issues like social security and how to help his clients choose the right time to start collecting in order to maximize the amount of money that they earn from the program at https://vimeo.com/davidgiertz.
In 1986 Giertz earned his Bachelor’s Degree in Business Administration and Management at Millikin University. In order to advance in his career, he went back to school and earned his MBA in 2003 from the University of Miami – School of Business.