David Giertz Addresses Social Security

David Giertz is the President of Nationwide Financial. In a recent interview with The Wall Street Journal he discussed how it’s vital for financial advisors to address social security with their clients. Unfortunately, most financial advisors are doing a disservice to their clients by not talking about it, and the reason why Giertz thinks this is the case is because of the complexities surround social security. This complexity includes a handbook to it that 2700 rules in it. A lot of financial advisors on Facebook don’t feel they totally understand how social security works and so have a lack of confidence in their ability to advise clients about it.

The failure of financial advisors to talk about social security not only hurts their clients, many of whom will be relying on social security as a large part of their post-retirement income, but harms their ability to retain clients. Not only can social security make upwards of 40% of a retiree’s income but if they start collecting too soon they can lose up to $300,000 in benefits over 25 years. In a recent survey on giertzmusic.wordpress.com that Nationwide Financial conducted four out of five people said they would switch advisors if the ones they have doesn’t include social security as part of the conversation.

David Giertz has been with Nationwide Financial since 204. His current responsibilities at the firm include planning corporate strategy as well as overseeing the company’s products including retirement plans, life insurance, and annuities. He also oversees the company’s financial distribution network wich includes banks, wirehouses, independent brokers and dealers, and other financial firms.

David Giertz earned his Bachelor’s Degree in Business Administration and Management from Millikin University in Decatur, Illinois. He also earned an MBA in Business Administration and Management from the University of Miami – School of Business. He has established himself as an expert in retirement planning and financial management.

Find more details about David Giertz:
http://financial-advisors.credio.com/l/314999/David-Giertz
https://twitter.com/davidgiertz

About CCMP Capital And Its Former President And CEO Stephen Murray

CCMP Capital is one of the biggest and most prosperous private equity firms globally. This firm has specialized in serving clients all over the world by offering them assistance for transactions in the buyout and growth equities sectors. CCMP Capital moved out of JP Morgan Chase and started its independent operations under its own management in August 2006. CCMP Capital has been honorably recognized on different business platforms due to its good customer services. The firm has also been commended for its good staff’s services and dedication to customer satisfaction.

From 2007 when CCMP Capital was just a year old to 2015, this firm was under the leadership of Stephen Murray. Stephen Murray’s served this firm as its president and chief executive officer. Under his management, CCMP Capital has managed to grow from a start-up to a worldwide enterprise. Stephen Murray helped this firm expand its operations and open new offices across the world’s continents. CCMP Capital currently boasts of having billions worth of assets that’s its watch – assets which Stephen Murray played a major part in acquiring. It is easy to say that it was Stephen Murray who led CCMP Capital to prosperity and helped to the global business position it currently is in.

Last year February, Steve Murray resigned from his managerial position at CCMP Capital. He termed his resignation move to be health related. On March that year, a month after his resignation Stephen Murray passed away. The news of his demise hit the business industry as a shocker especially for his former workmates CCMP Capital. Steve Murray passed away as reported by Fortune at the age of 52 after nearly 30 successful years in the business sector. His demise greatly saddened the CCMP Capital community and the entire business industry.

During his nearly 30 years career in the business industry, Stephen Murray mainly worked in the private equity investments sector and made it his area of specialization. He was also a great philanthropist who gave numerous donations to a number of charity organizations. He also participated in various philanthropic activities across the nation. Stephen Murray was a student at Boston College and in 1984, and he graduated with a degree in economics. Steve Murray also graduated with a master’s degree in business administration in 1989 from Columbia Business School. His academic qualifications came in handy for the success his business career.

Employees at CCMP Capital said that they will remember Stephen Murray not as a boss but as a friend. They said that Murray was the greatest team player they had ever met. He greatly valued the input of every employee to the success of CCMP Capital. The board members of CCMP Capital, who sat with Stephen Murray at the firm’s board, said that they will greatly miss the valuable contributions he made to the firm’s decisions and policies.