David Giertz is a registered broker with 31 years experience and is currently the president of Nationwide’s Financial and Investments Organization.
In June of 2014 he sat down with Wall Street Journal Columnist Veronica Dagher, who is also the paper’s Wealth Adviser.
Nationwide’s Financial Retirement Institutes did a survey with retirees and people 10 years away from retirement, Giertz explained in the interview with Dagher.
Most advisers are simply not talking to their clients about social security, which is a very important part of the retirement planning process. Advisers may be putting more thought into other retirements funds such as 401k and completely neglecting other options. Additional data from the survey shows that 4 out of 5 people would consider switching advisers if they didn’t keep them informed on issues involving social security income. David Giertz encourages all advisers to devout more time to discussing social security with their clients.
“I think its a very complex topic,” Giertz explained, “the handbook is over 27,000 pages.” Giertz urged all advisers to discuss social security with their clients no matter how daunting it may be. “Clients will move on” Giertz warned.
It is not just financial advisers who may be in trouble, the consumer is in even more danger. David Giertz explained that if you start your social security too early you will lose out on thousands of dollars.
“When you think about a retirement planning process[…]social security could be up to 40% of that.”David Giertz both stressed the importance of clients finding a financial adviser that will do his best to work with you and the importance of advisers everywhere to begin discussing social security with their clients as soon as possible. Giertz went on to explain that you could lose out on a thousands dollars a month if you start your social security too early, further expressing the importance of having a financial adviser willing to discuss with you all of the options available.
According to Tarcisio Gomes de Freitas, Investment Partnership Program (PPI) project coordination secretary, the government is planning to conduct 18 infrastructure auctions by the last four months of the year. Felipe Montoro Jens, an infrastructure projects experts, says that the secretary in June gave an assurance that the schedule would not be modified regardless of the current political discussions the Brazilian Government is going through.
Freitas said that the auctions would start in September 2017, and will work simultaneously with the discussions held in Congress. He continued to say that the PPI is ready for criticism from the private sector due to the large contractors being hit by the Lava Jato denunciation. Felipe Jens points out that the program targets the participation of new players in the concession.
Tarcisio Gomes de Freitas notes that the main challenge in Brazil that deters the increase of productivity lies in the expansion and modernization of the infrastructure sector. He advises that Brazil need to break away from the vicious cycle that reduces unemployment by driving away investors. He emphasized the importance of building on projects serves as the major advantage for the Investments Partnership Programs.
In the auction of transmission lines that happened in April, they created a hub attached to the ministries focusing on selecting projects that are succeeding and are attractive to the private sector. Felipe says that the auction was one of the largest in history.
PPI focuses on correcting the past mistakes committed by the Public-Private Partnerships due to State over-intervention that resulted in the imbalance of project risk. Freitas when asked on whether the past errors by PPP in the recent years had any influences the foreign investor’s decisions he cited the presence of international investors in the airport concessions held in March.
The presence of foreign investors was an indication to the investors that the government had dropped the anti-business line and proceeded to the pro-business line with the president Michel Temer.
Felipe Jens reports that the rise to the presidency of Michel Temer in August 2016 saw PPI held 44 auctions in the infrastructure area. This translated to the capturing of R $23 billion of investment during his first year of administration.
We know Jeffry Schneider as a businessman mainly but there is much more to this man than just being a businessman. A native of Manhattan and a notable & renowned veteran of the financial industry, he is a man with many professional skills. Jeffry began his career in his own hometown. He graduated from the reputed University of Massachusetts in Amherst.
Aside from Jeffry Schneider’s interest in finance, he is a health and fitness enthusiast. While living in Austin, Jeffry actively trains for Ironman & Half-Ironman challenges. The Ironman Triathlon can be considered one of the most difficult triathlon races of the world. The Ironman Triathlon consists of a 180.2 kilometer bicycle ride, a 3.86-kilometre swim, and one marathon of 42.1-kilometre run. The Ironman Triathlon is raced without any break.
Jeffry Schneider in the Ironman & Half-Ironman Challenge
The Ironman & Half-Ironman challenges can be considered one of the most challenging and difficult single day sporting events. Jeffry took part in challenges that were held in Chile, California, Saint Croix, Florida, New Zealand, and Texas. Jeffry approaches his career and his fitness with the same mindset. He establishes and proves himself as one champion in the two respective fields through the drive and tireless diligence to surge ahead and exceed expectations.
Jeffry Schneider: The Fitness Enthusiast
Jeffry Schneider grew up in Manhattan and he used to actively participate in various sports. His interest in health and fitness started with soccer & developed into weight lifting, biking, running, and swimming. Today one can find Jeffry pushing the boundaries on the running trail of Austin’s Town Lake.
Jeffry still provides nutrition, health, and fitness tips and advice for his peers and colleagues. His adventurous and insightful approach to nutrition and fitness still inspire and influence people around him.
He also loves traveling to different parts of the world. He has explored the Caribbean, South America, Europe, Southern Asia extensively and learned a lot from these tours as well. He also cares very deeply for various causes that help the underprivileged and less fortunate. Jeffry Schneider is one of the contributing members of the Cherokee Home for Children, Wonders & Worries, Gazelle Foundation & several such organizations.
The manufacturing of rail tanks and cars can be considered by many to be a niche industry. A large one to be sure, as this is a multi million dollar industry, but one that not a lot of people hear about or take notice of. Gregory J. Aziz, chairman and CEO of National Steel Car of Ontario knows this very well and is quite alright with the anonymity that his business enjoys. Having a low-key public presence may seem counter-productive to some, but it does have its advantages.
This allows more focus to be put on the day to day operations of the company, such as growth in all sectors of the business and ensuring that a quality product is always produced. Since there is not a lot of competition in this field, quality and craftsmanship are always on top of the priority list that Greg Aziz has to keep his eye on. Renewing and acquiring production contracts means having a name in the business that speaks to the longevity, integrity, and quality that a business carries with it.
Gregory James Aziz can bring all of that and more to the table, with his reputation doing the speaking for him. He is well known in the business community as being driven in business, and charitable in person. He is also known for helping the business of National Steel Car grow substantially in the years directly following his acquisition of the company. It grew by leaps and bounds in the first few years of him at the helm and continues to maintain that growth currently. This is also good for the local economy as it has helped boost the workforce.
So even though this may be a niche industry, there is a lot that can be learned from how this particular business is run. How to grow a company and maintain that growth is one lesson. How to ensure and maintain quality during and after a period of growth is another. All told, if you are in the transportation industry then this is a CEO and company worth keeping on your radar.
Recently Adam Milstein was named to Richtopia’s list of Top 200 Philanthropists around the world, a list that includes many famous celebrities, politicians and businessmen like Bill Gates and Warren Buffet. Milstein has been able to contribute a lot to Jewish American community groups thanks to his success at Hager Pacific Properties where he is currently Managing Partner. Milstein is the founder of the Milstein Family Foundation and the Israeli-American Council, two organizations which have been the force behind his philanthropy. He had a lot to say to Ideamensch in an interview they had asking him about what he does at Hager Pacific Properties.
Milstein told Ideamensch he had come to graduate school at USC looking for an opportunity that fit his interests and experience, but when none were found he decided to enter commercial real estate. He went on to say that one of the biggest tasks he has is going out on his own to accomplish the necessary tasks, and he believes in not limiting himself to any specific goals to do so. He also says his philanthropy is important to his daily structure, and one of the software platforms he uses to get things done with is Constant Contact.
Adam Milstein is the oldest of three sons raised in a Jewish family that immigrated to Israel in 1948. His early work consisted of building framing, a job that he worked in alongside his father. He also was in the Israeli military from 1971 to 1974 including a tour during the Yom Kippur War of 1973. He studied business and economics at the Technion, Israeli Institute of Technology and later moved to the US with his wife Gila and their two daughters, though they had another one after the move.
Adam and Gila Milstein began being very active in philanthropy in 2000 when they started the family foundation. They adopted three core philosophies of active philanthropy, path life impact and philanthropic synergy. Most of their interests revolve around promoting strong Israel and US relations and promoting Jewish interests on university campuses. They do also have a lot invested in Sifriyat Pijama B’America, a Hebrew learning course for families.