The President of Nationwide Financial Distributors, David L. Giertz, recently sat down with a Wall Street Journal reporter in order to discuss many financial advisers reluctance to talk about social securities benefits with their clients. The main reason for this, David Giertz said, is that the rules are very complex and many financial advisers don’t feel well qualified to address the matter. Giertz gave two reasons why this is a mistake.
The first reason David Giertz gave is that, in a recent study conducted by his firm, many investors said they are willing to switch financial advisers if their current one won’t discuss social security on Yolasite.com. If financial advisers want to retain their clients they simply must discuss social security. The second reason he gave is that because social security benefits can make up to 40% of many people’s income after retirement, it’s simply too large of an issue to ignore.
David Giertz has 30 years of experience in the financial industry and still serves as a financial adviser himself. He started his professional career at Financial Horizons Security Corporation in 1989 and worked for Citicorp from 1991 to 1999. He joined Nationwide Investment Services Corporation in 1999.
In June 2014 Giertz earned his first role as a President at Nationwide when he led their Financial Institution Distributors Channel. Prior to his current position, he was also served as the President of Financial Institutions and Wirehouse Distribution Channel.
David Giertz is registered with FINRA as a broker. He has also passed the State Securities Law Exam, Principal/Supervisory Exam, and General Industry & Products Exam. He earned his Bachelor’s Degree in Business Administration and Management at Millikin University and his MBA from the University of Miami – School of Business.
Visit https://angel.co/david-giertz for more information about David Giertz.