David Giertz: Leader, Advisor and Role Model

David Giertz emphasizes the importance of financial advisors speaking to their clients about social security and when to take it. David states that his firm did a survey that statistically showed advisors are not talking to their clients about social security. This is an extremely important factor to consider when planning for retirement. David Giertz says that retirement finances can comprise up to 40% of a retirees income. One reason David believes advisors are not talking to their clients about social security is the 2700 rules that comprise the social security handbook. The complexity of the rules must be clearly understood and conferred to clients.

David believes understanding and confidently demonstrating your knowledge of the social security rules can help advisors keep their clients. He states that four out of five consumers say they would change advisors to those that speak about social security. David Giertz explains how taking out social security too early can be a huge lose for example, clients can lose up $300,000 dollars over a 25 year period, which translates to $12000 a year. David says advisors must develop their understanding of the social security rules to keep clients and clients must find knowledgeable advisors in order to optimize their retirement income properly.

David Giertz has over 30 years of experience in the financial services industry. David graduated with a BS from Millikin University and received his MBA from the University of Miami. He began his immaculate career at Skokie Federal Savings and has worked at corporations such as Citicorp, where he became Executive Vice President of Sales and the Mutual Life Insurance Company of New York. His last position was the president of the Nationwide Financial Sales and Distribution Organization where he grew revenue from $11 billion to $17.8 billion, which exceeded P & L expectations.

David is registered with the Financial Industry Regulatory Industry (FINRA), where he is an industry arbitrator. David is a financial advisor and holds many positions as a board member. He served as the chairman of the board of trustees at Milikin University; he was a member of the board of directors for the Girl Scouts of Broward County and served in the Fort Lauderdale Chamber of Commerce.