February 26

The Importance of Talking to Clients About Social Security

David Giertz explained why advisers should talk to their clients in detail about Social Security. He said that his company found the DNA Survey Nelson NHY Financial Retirement Institute. It is a survey of people who either retired or those who will be retiring after ten years. The results of the survey showed that people said their advisors talk mostly about memo multiple security. David Giertz said he considers the topic to be a very complex one. There is only one handbook for social security on Facebook, and it has almost three thousand rules which make it very complex for people to understand. It is important that advisors consider talking about it to the clients. The planning process of retirement involves social security as almost half of the process according to the surveys conducted. If clients turn on the social security too early, then they would lose three hundred thousand dollars in twenty-five years. That means losing one thousand dollars a month. Therefore, it is very important to optimize the returning of the client. See: https://brokercheck.finra.org/individual/summary/1515515

David Giertz is the current President of NFS Distributors Inc. which is a distribution and sales organization of Nationwide Financial. The company is a Columbus-based financial organization. The duties of Giertz include various tasks like mutual funds from regional firms, independent dealers/broker, and wire houses. He also foresees the distribution and strategy of specialty markets, annuities, life insurance, and plans for private-sector retirement. David Giertz’ professional career spans over a period of thirty years during which he served in community organizations and financial services industry. Giertz is also a member of Board of Trustees of Millikin University.

David Giertz has a very good educational background. He acquired a bachelor’s degree in Business Administration from Millikin University. Later, he went to University of Miami School of Business for the MBA degree. From 2004 to 2009, he served as the President of Financial Institutions Distributors Channel of Nationwide Financial on whitepages.com. In 2009, he became the President of Financial Institutions/Wirehouse Distribution Channel. It was March 2013, when he became the President of Nationwide Financial Distributors.