David Giertz is a financial expert who has worked as both a financial adviser and executive in the financial industry for more than 30 years. He earned his undergraduate degree at Millikin University and at the University of Miami he graduated with an Executive MBA. Several times in his career he has addressed how important it is for financial advisers to talk about social security with their clients, especially in the current day where most people don’t retire with a pension.
In an interview, David Giertz pointed to research to back up his thoughts about social security. He said the research shows that if a client feels like their adviser avoids talking about social security they’re perfectly ok finding someone else to help them. So, if an adviser wants to keep their clients they need to talk about social security, he says.
He also says that clients really do need help navigating social security because it really is incredibly complicated even among such things you would think are simple like when to start drawing on it. He says that each client has individual needs and goals that need to be addressed by a really good adviser so that they don’t make mistakes they come to regret.
David Giertz spent most of his career to this point working for Nationwide Financial, including as a president. For a time he led their sales and distribution department and during his tenure the revenue increased from $11 billion to $17.8 billion per year. He was responsible for the strategy and products that the company sold through third parties like independent brokers and dealers. The products he oversaw included life insurance, mutual funds, annuities, and retirement plans.
Throughout his career, David Giertz has given back to the communities in which he lives and works. For example, he once served as the chair of the board of trustees for Millikin University, the college he got his undergraduate degree at. He also helped out the Broward County Girl Scouts organization by serving on their board of directors. Additionally, while living there he was on the Fort Lauderdale Chamber of Commerce.