In a recent interview with the Wall Street Journal financial firm executive David Giertz addressed social security and the reason why so many financial advisors don’t discuss it with their clients. The main reason he gave is that social security is a very complex issue that includes over 2,700 rules and regulations. Giertz explains on Instagram that financial advisors need to address this issue with their clients if for no other reason than because of two issues. The first issue is that social security makes up to 40% of the average retiree’s income so it’s simply too big of a financial issue to ignore. The second issue is that the results of research his firm, Nationwide Investment Services Corporation, has shown that many clients are willing to switch financial advisors if theirs does not discuss this all important issue.
David Giertz is the President of Nationwide Financials distributor network. He oversees the strategy and distribution of what the company’s product offering are in life insurance, annuities, retirement plans, mutual funds, and specialty markets. The financial products that he oversees are sold through a network of banks, wirehouses, brokers, and dealers.
David Giertz has over 30 years of experience in the financial industry and currently lives in the Columbus, Ohio area. In 1986 David Giertz earned his Bachelor’s Degree in Business Administration and Management from Millikin University in Decatur, Illinois. In 2003 he earned his MBA in Business Administration and Management from the School of Business at the University of Miami.
Giertz first joined Nationwide Financial as the President of Financial Institutions Distributors Channel in June 2004. He added the role of overlooking the company’s Wirehouse Distribution Channel in 2009. He has also maintained his role as a financial advisor to his clients where he offers his expertise in evaluating companies and investment products in order to help build his clients wealth.
Learn more about David Giertz: https://soundcloud.com/davidgiertz