David Giertz has been the senior president of sales and distribution at Nationwide Financial since April 2013. Before he worked for Nationwide Financial, he was the vice president of sales at FI/WH since 2009 and the vice president of NF sales since 2009. His primary role at Nationwide Financial is overseeing life insurance and mutual funds through banks.
David Giertz has been working in the insurance and finance industry for over 30 years now. Giertz is listed as a registered broker at FINRA. David graduated with a Master’s degree in Business Administration from the University of Miami. He is also on Millikin University’s board of trustees.
Interview on social security
A little while back, David Giertz spoke with Veronica Dagher about the issue of social security and retirement planning. David said that most financial advisers opt against speaking with clients about social security since it is a complex issue. This, according to Giertz at https://soundcloud.com/davidgiertz, is a tremendous mistake.
A survey conducted by Nationwide Financial showed that financial advisers do not speak to their clients about social security. The same study on Instagram indicated that about four-fifths of people would consider letting go of their advisers if they did not talk about social security.
A book that illustrates the complexity of the social security issue is the Social Security Handbook which has 2700 rules. From a retention perspective, financial advisers need to talk to their customers about social security.
Social security is a big issue in retirement planning since it could account for two-fifths of your income. Another crucial thing on the social security matter is timing. People who start too early risk losing many thousands of dollars over the course of their retirement period. For an optimal retirement plan, speaking to your adviser about your social security is paramount.