The Role of Financial Advisors

The role of a financial advisor is a highly important one in the lives of retired people and in the lives of individuals that have a few years until they can retire. According to Dave Giertz – a business leader of a financial institution – Social Security can make up as much as 40% of a retired person’s income.

In a recent survey of Nationwide Financial on Instagram, most of the people that have retired or will be retiring in a few years are not as informed on the topic of Social Security as they should be. The results say that their financial advisors do not communicate with them enough. Almost every person answered that if the do not receive the financial advising they need, they will look for a new financial advisor. But what is the reason for the lack of communication? David Giertz stated In an interview that Social Security is a vast topic to tackle and that most financial advisors in the United States are hesitant to discuss Social Security with their clients. Mr. Giertz also stated that being ill informed can cause a lot of damage to a retired person’s personal income and for that reason, financial advisors need to start being more open about the topic of Social Security at https://soundcloud.com/davidgiertz.

Read more: These big mistakes will result in smaller Social Security checks

Dave Giertz is the president of NFS Distributors Inc – a part of Nationwide Financial. NFS Distributors Inc handles sales and distribution. Dave Giertz has had more than 30 years of professional financial experience. He graduated the University of Miami – School of Business with a Master’s in Business Administration and Management. David Giertz’ professional responsibilities as president of NFS Distribution include overlooking the division of plans for the private sector and life insurances, the development of wholesale strategies, the process of funding through banks and much more. Dave Giertz has been President since 2004.