In a recent interview With the Wall Street Journal’s Wealth Adviser, Mr. David Giertz takes a moment to explain exactly why it is imperative for anyone who is close to their retirement age to start seriously considering talking to their financial adviser about social security. This is because more often than not social security represents up to 40% of their retirement income. Mr. Giertz also advised financial advisers to start talking to their clients about social security given that they had conducted a study surveying retirees and people with less than 10 years to retirement asking them whether their financial advisers are talking to them about social security.
The results indicated that most advisers are not talking about social security. The twist, however, is that 80% of those surveyed further said that they would change advisers if it so happens that their advisers are not talking to them about social security. He, however, recognized the fact that many of the financial advisers could be ignoring the social security topic due to its complexity revealing that the social security handbook has close to 3,000 rules that each and every financial adviser should have at their fingertips as a conscious and deliberate effort of becoming an authority in matters social security.
About David Giertz
Mr. David Luther Giertz commonly referred to as Dave has worked for different organizations in various capacities in the financial services sector. For the past 5 years or so, Mr. Giertz has been working with Nationwide Financial Distributors Incorporated as the President of the Organization. Mr. David Giertz boasts of more than 3 decades worth of hands on deck experience in the financial services industry having passed up to 4 exams including Municipal Securities Principal, General Securities Principal Examination, Uniform Securities Agent State Law Examination and General Securities Representative Examination.
Mr. David Giertz is also registered by the Financial Industry Regulatory Authority, Inc. (FINRA) which is a self-regulatory organization for different financial services sector actors which requires them to register in every state that they operate in. Currently, Mr. Giertz maintains active registrations in several states across the country.