David Giertz Knows Why Most Financial Advisors Avoid The Topic; Social Securities

According to the president of Nationwide Financial Distributors, financial advisors are tasked with the responsibility of talking to their clients about matters that pertain to social security. For financial advisors, talking to their customers on issues social security should suffice as a no-brainer but sadly not all of them are doing it.

During an interview with the Wall Street Journal, David Giertz revealed that the report from a recent survey that was conducted by the Nationwide Financial Retirement Institute, a rather interesting finding was made. NFRI interviewed consumers and those individuals who are ten years from retirement and discovered that most financial advisers do not talk to the clients on social security. According to David Giertz, talking to clients about social security should pass as the primary role of any financial adviser. The research also established that 4 out of 5 Americans would change their financial advisers if they were not having the social security discussion with them.

One of the reasons as to why most financial experts would avoid the topic of social security whenever they are advising their customers is because of the compound nature of the problem. The issue of social security is broad and requires a lot of time to cover it. David Giertz opines that financial advisers need to take a keen interest in social security because without covering this subject, clients can move on to another expert, which will result in loss of income for the professionals.

David Giertz is one of the most seasoned financial experts at the Nationwide Financial Distribution. At NFD, David Giertz holds the post of Senior Vice President. Mr. Giertz also holds the position of President to Nationwide Financial Distributors Inc, a post he has held since the year 2013. David also holds executive positions in other firms which are under the Nationwide brand.