Having social security is very important especially for employees who are bound to retire. Social security is being deducted from the salary of a particular employee and this amount would accumulate over time, in order for them to have financial support later in life. However, according to David Giertz, the American people are facing big problems with their social security.
David Giertz stated that the American people have a growing concern over the reliability of their financial advisers. Today’s financial advisers are failing miserably because they could not even properly advise their clients what to do with regards to their social security. A small percentage of Americans do not know what benefits social securities have, and a larger percentage does not have any idea on how social security can support them once they retire. The financial advisers that are being hired by individuals are having a problem digesting the rules concerning social security because it has thousands of it. Taking up this information at once seems like a daunting task for them; however, without properly reading the rules, their clients are the ones who would suffer the consequences.
David Giertz added that because of these issues between the financial advisers and the public, the profession is being tainted with unreliability and untrustworthiness. Reports are surfacing that some people who have financial advisers tend to lose money or become bankrupt, for the sole reason of not being advised properly by their hired professionals. David Giertz suggested that the financial advisers should be more open with their clients, and that they should read the rules thoroughly.
David Giertz is an American entrepreneur who is also serving as a corporate executive. His skills with finances had made him one of the most sought after people in the market, being able to produce profits that are beyond expectation.