David Giertz is an experienced business leader and is the president of Nationwide Financial, a sales and distribution organization, since 3rd April 2013. Initially, he was the Senior Vice President at the same institution. The institution is a broker in the following fields; Mutual Fun Underwriter, Investment Advisory Services, and Life Insurance and Annuities.
David Giertz has also served as the Chief Executive Officer at ‘DGC One AB’ from 1991 to 1999. He has over 30 years experience in the financial service industry and is a participant in community organizations like Millikin University where he is part of the Board of Trustees.
In a live interview, David Giertz states that financial advisers should speak to their clients about social security and explains the need to do so. He says that from a survey of the Nationwide Financial Retirement Institute that constitutes consumers who have retired and those who are ten years shy of retirement, the respondents indicate that their advisers are not giving them any information on social security at http://facebook.com/david.giertz2. 4 out of 5 people would rather change their financial advisers if they are not getting any advice on social security.
According to David Giertz, Social security is complex as it constitutes 27 rules that need to be understood. This complexity is what makes many advisers to ignore the topic. It is important for financial advisers to talk to clients concerning social security to ensure that they retain as many clients as possible.
Social security constitutes 40% of the retirement benefit, and this is a huge share of the amount thus warranting attention. To optimize on the retirement benefits on LinkedIn.com, people should avoid turning on social security too early. This is the knowledge that needs to be passed on to people since the results of the survey indicate that one could lose up to $12000 in a year.