In an interview with the Wall Street Journal, financial advisor David Giertz shared his thoughts about retirement and Social Security on Finra.org. David states financial advisers are not paying enough attention to how important Social Security is to your retirement. He points out Social Security can account for 40% of your retirement income on wsj.com and therefore should be given more attention when establishing a plan.
In a survey by the Retirement Institute at https://www.nationwide.com/about-us/040114-nf-new-mobile-app.jsp, 4 out of 5 respondents said they would change advisors if that advisor were not considering Social Security as part of their retirement income. He thinks the reason financial advisors are hesitant to discuss Social Security is the fact the Social Security handbook has twenty seven hundred rules and is a very complicated process. David Giertz feels individuals are drawing their Social Security too early, pointing out that can cost hundreds of thousands of dollars over twenty-five years, or as much as a thousand dollars a month. He further states it’s imperative to optimize retirement income, and that Social Security is often not given enough consideration.
David Giertz has over 30 years experience in the financial services industry and now serves as the President of Nationwide Distributors a part of Nationwide Financial Services (NFS), David has acted as President of various divisions of NFS since 2004. In his current position as President of Nationwide Distributors, he is in charge of the strategy and distribution of private-sector retirement plans, annuities, life insurance, mutual funds by working through banks, independent brokers, and dealers.
David is a graduate of the University of Miami School of Business where he earned an MBA, before that he attended Millikin University where he received his BS degree in business administration. David is involved in several community organizations on whitepages.com, including serving on the Board of Trustees at Millikin University. In the future, he would like to join a non-profit board or offer his services as a pro bono consulting volunteer. David and his wife live in Columbus, Ohio.
Studying at the University of Notre Dame – Mendoza College of Business for Executive Leadership and Almeda University for his Master of Business Administration back in 2006, Kevin Seawright has been bound for greatness since the beginning of his incredible journey into the business world.
Working as a basketball coach at Suffolk Virginia Recreation since 2015, Seawright has made a name for himself not only in the business world, but also as a staple of the community. Taking deep consideration for Economic Empowerment and Education, he makes sure to do his part in all that he can to ensure a happier future for all.
According to Crunchbase, throughout his time on this earth, Kevin Seawright has accomplished great deals, being awarded in August of 2010 with the International Bridges to the Future Scholarship from Association of School Business Officials (more commonly known by their acronym ASBO) and is an important addition to many organizations, like the American Society for Public Administration, Conference of Minority Transportation and Infrastructure Officials Association of School Business Officials National Association of Black Accountants (or NABA for short), National Recreation and Parks Association, Babe Ruth Museum, National Forum for Black Public Administration, and a Board Member.
Obviously a man of many hats it’s surprising that someone so involved in the community would have time for growing up the business ladder especially to such a compelling stature as that of Kevin Seawright himself.
Starting out as Managing Fiscal Officer at the City of Baltimore, Seawright moved up before later becoming the Finance Director at Baltimore City Department of Housing and later achieved the tremendous position of Chief Financial Officer at the Baltimore City Recreation and Parks.
Brian then moved from there to Vice President/Deputy Chief Operating Officer at Baltimore City Government and then Vice President Operations at Tito Contractors, before moving up to Executive Director of Operations for Collington Episcopal Life Care Community and then Executive VP&CEO of Newark Community Economic Development Corporation.
Today he works at RPS SOLUTIONS LLC (Real Property Solutions) as Managing Partner/ Chief Operating Officer and stands as an inspiring pillar of the community.