Nationwide Financial’s David Giertz recently spoke with the Wall Street Journal about the importance of financial advisors discussing Social Security with their clients. Nationwide has found out that not enough advisors are talking to their customers about how their Social Security benefits can affect their retirement income. He thinks that the complexity of Social Security rules can make advisors sheepish about discussing it with their clients. However, the importance of when a retiree chooses to draw Social Security can have a huge impact on their retirement income, sometimes as much as a 40% difference. David stressed how important this is to maintaining a trustworthy relationship with clients and how ;the integrity of the advisor can depend on it.
David Giertz has spent his entire adult life giving thousands of clients that exact same advice, as a certified financial advisor licensed in 18 different states. After spending over a decade and a half as an advisor, Dave moved into management at Nationwide, becoming the Vice President of NF Sales in 2004. He went on to hold numerous other positions in the next 14 years and is currently the Nationwide Financial Distributors. Mr. Giertz also serves in many other positions throughout Nationwide.
Giertz holds an undergraduate degree from Millikin University in Illinois, as well as a MBA from the University of Miami. He has served on the Board of Directors at Millikin and served on the Bank and Finance Committee as well. Prior to his tenure at Nationwide, he spent over 10 years at financial giant, Citigroup. He enjoys being active in his community of South Florida, serving on many boards including the local Girl Scouts and Fort Lauderdale Chamber of Commerce. His experience in the financial marketplace has made him an expert that is called upon by his peers for instruction and guidance.