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How David Giertz Solved The Problem Of Top Performers Leaving For Greener Pastures

Posted by PhotoPhil on April 3, 2018 in Broker |

David Giertz is a professional in the financial services industry. He has been a financial advisor and executive in this industry. His first job in this industry was over 30 years ago when he worked for Financial Horizons Security Corporation. He has since worked for Citicorp Investment Services and Nationwide Investment Services Corporation. During his career he has worked on retirement plans, annuities, mutual funds, and life insurance products. He is registered with FINRA as a broker.

As a proactive person, David Giertz took the initiative when he was an executive and was losing a number of really good financial advisors working in his department at Nationwide Investment Services. He says that he conducted exit interviews with employees on their way out the door and he learned that it usually wasn’t about salary on why people were taking jobs with other companies. Instead, they just didn’t feel very much valued and disconnected from management.

David decided to solve this problem. He came up with a plan of taking the best 20% of his financial advisors and having them meet with senior executives at Nationwide twice annually. They were given the floor to provide open feedback and present ways the company could be improved. They also got to attend advanced development workshops to further their careers. He said the combination of advancing their careers and being heard by senior management drastically reduced the number of top employees leaving for other financial firms.

One thing that David Giertz is excited about in the financial services industry is the technology that is being incorporated. He says the world of investing has changed dramatically over the years since he started his career in 1989. Since that time technology has made investing and other business activities highly efficient. He says that when you match really talented people with cutting-edge technology amazing things can happen. Companies that go this route became very competitive while those that are reluctant to incorporate new technology are left behind and will eventually end up in bankruptcy.

Find out more about David Giertz: https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=3611386

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