Why Financial Pro David Giertz Can’t Stress Enough That Financial Advisors Need To Address Social Security

David Giertz is a Columbus, Ohio area businessman who work in the financial industry. He has an undergraduate degree in business administration and management which he earned in 1986 at Millikin University. In 2002 he went back to school to get an executive MBA which he earned at the University of Miami – School of Business. He is a FINRA registered broker. As such he can manage the investment portfolios of his clients.

For several years he lived and worked in Southern Florida. After graduating with his bachelor’s degree he became a financial adviser. He spent more than 10 years working for Citigroup Inc. He was eventually promoted to Area Director and then attained a position as an Executive Vice President of Sales.

In 1999, David Giertz joined Nationwide Financial Institution. He worked in their Fort Lauderdale office for a number of years. He earned steady promotions and was eventually made a president of the company. When he first earned this role he moved from Florida to Colombus, Ohio. He ultimately led their division that handles the sales of life insurance policies, annuities, mutual funds, and retirement planning.

As a financial advisor himself, David Giertz always stresses to other financial advisers that they need to look out for their clients when it comes to them taking social security. He says that most people left to their own devices will mess this up and leave hundreds of thousands of dollars on the table. The biggest mistake most people make is starting to collect as soon as possible. The problem with this is that if you wait until at least full retirement age, 66, you will get a much bigger check each month.

As someone who has extensively studied the rules about social security himself, he says it is extremely complex. There are 2,700 different rules which means that many, if not most, financial advisors just don’t want to talk about with their clients. He says that he is always stressing to any financial advisors working under him that they need to study social security and help their clients address it to the best of their ability.

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