Why Advisors Shy Away From Social Security Talks

It is essential that financial advisers speak to their clients about social security especially since it covers about 40% of their retirement income. This implies that it is very difficult to plan for their retirement income without tackling the topic. However, that is not the case with most financial advisers today as the Wall street journal wealth adviser column suggests. David Giertz an adviser working with Nationwide Financial Distributors is under the impression that the social security handbook entails lots of rules that advisers ought to be conversant with but since they do not know how to navigate these rules they avoid the topic. In order to maximize on retirement income people need the help of the financial advisers who ought to have an understanding of the social security rules.

 

 

David Giertz works as the senior vice president of the Nationwide Life insurance company’s financial distribution and sales. He began his job in 2013. Aside from his current job, he has worked in other leadership positions of the firm since he joined the firm. Before joining Nationwide Life Insurance Company, he worked with companies such as Citicorp Investment Services, Financial Horizons Securities Corporation, Mony Securities Corp and The Mutual Life Insurance Company of New York.

 

 

His first job in the finance industry was in 1988 at the Skokie Federal Savings. It has been years switching from one company to the other but he has gained years of experience that have helped him in his brokerage activities. He is also a certified broker by the FINRA and can work with any firm that takes part in the purchasing and sales business of the bonds, stocks, mutual funds and any other investment-related products. For instance Nationwide through National wide Investment Service Corporation takes part in broker deal pertaining the purchase and sales of life insurance and annuities. https://davidgiertz.yolasite.com/