David Giertz had a sit down with Veronica Dagher for an interview. During the interview, Dave spoke extensively on the Social Security issue on crunchbase.com. According to Dave, it was important for the advisors to speak to their clients on their Social Security.
David Giertz, President of the NFS Distributors, gave statistics on a survey done by the National Financials. The survey was done on targeting the retirees. In the report, four out five people commented that they would consider the option of changing the advisors if they failed to advise them on the Social Security.
According to Dave on Bloomberg, most advisors avoided speaking to their clients on the issue of Social Security because of the complexity of the handbook. The Social Security book has 2,700 rules.
It is crucial for the advisors to speak to the clients about the S.S because the lack of correct information will lead to an early withdrawal of their Social Security benefits on fundacity.com. This will lead to the clients losing money. The clients can lose at least $1,000 per month. Advising the clients will help them take advantage of the retirement benefits associated with the Social Security. Advising the customers will also lead to more business for the financial advisors through retainers.
About David Giertz
David Giertz became the President of the Nationwide Financial Distribution in 2013. In 2004, Dave joined the Nationwide Financial and served as the President of the Company’s distributors channels. Dave served in this position for five years. He later joined the Wirehouse distributions channel in 2009 and left in 2013.
David Giertz attended the Millikin University and graduated with a Bachelor Degree in Business Administration and General Management. Between 2002 and 2003 he attended the Miami School University of Business for his Master of Business Administration.
Learn more about David Giertz: https://ideamensch.com/david-giertz/