When asked about the importance of social security, Senior Vice President of the insurance company Nationwide Financial Services, David L. Giertz, highlighted in an interview with the Wall Street Journal at http://www.wsj.com/video/speak-to-your-clients-about-social-security/8B2F5FA4-B0E8-4D71-A1E3-D29AA2711CC5.html about having a comprehensive, well-crafted retirement plan. With regard to this, he mentioned how financial advisors are often hesitant about discussing social security with their clients, which serves as a problem when it comes to making the most out of social security. Optimum benefits can be reaped from social security only when it is availed at an appropriate retirement age, in order for it to be an aid to retirees and not a means to fund retirement. In his interview, David Giertz discussed a research that he conducted based on the importance of social security to retirees and employed people ten years away from retirement, and found that the majority of clients considered changing their financial advisors if the advisors refrained from discussing social security with them, which only emphasizes the value of social security to clients.
David Giertz currently holds the post of a financial advisor for Nationwide Investment Services, working from Columbus, Ohio. Working in the field of finance, he has amassed more than 30 years worth of experience and has achieved success in four exams, thus securing registration with the FINRA of a Broker. David Giertz’ job entails being a part of the sales and financial distribution personnel with various brokerage firms and conducting businesses in investment products and services like stocks, bonds, and security transactions.
Giertz has previously worked as the Vice President of sales for FI/WH from 2009 to 2013 and is currently serving as the Vice President of Distribution and Sales at Nationwide Financial since 2013 on Facebook. His vast experience at such high posts enabled him to look at the downside of using social security too early, and thus carried out studies to prove the optimal time for when social security should be availed, keeping considerations like health and taxation in mind, and looking at how they influence the entire retirement experience on Finra.org.