David. L. Giertz, or as commonly known by his friends, Dave, is a leading financial advisor, who once worked for the biggest insurance company in the nation. From the year 2004, he served as the Vice President of NF Sales. He was in this position until the year 2009 when he was promoted to FI/WH.
But, before Giertz joined Nationalwide Distributions, he worked for Citicorp Investment Services. That was from the year 1991 to the year 1999. He also worked with Financial Horizons Security Corporation from the year 1989 to the year 1993.
Having more than three decades of experience in the financial industry, Giertz is one of the most influential financial advisors. His track record makes people stop and want to hear what he has to say. Recently, he was quoted talking about social security retirement benefits.
Giertz mentioned that many financial advisors fail to discuss social security retirement benefits. This is in accordance to a research that he had undertaken where the majority stated that their financial advisors did not discuss retirement benefits with them. Also, four out of five interviewees stated that they changed financial advisors when they noticed that they wouldn’t discuss their social security retirements benefits.
So, why do advisors fail to discuss these benefits? The major reason is the huge number of rule on the program. With about 2,700 rules, financial advisors find it difficult to digest it all and discuss with their clients. Therefore, they find it more convenient to keep quiet about it.
However, what these advisors don’t understand is that they would be able to retain clients if they would discuss these benefits. Besides, most people find these benefits to be too critical to be left out. In fact, they contribute to more than 40% of their income after retirement. https://angel.co/david-giertz