My latest at
Research magazine is on financial advisors running for office: "
Should Advisors Run?" Excerpt:
In the current 112th Congress, financial advisory experience is
limited. Sen. Barbara Boxer (D-Calif.) was a stockbroker in the early
1960s, before becoming in successive order a journalist, congressional
aide and elected politician. Sen. Dean Heller (R-Nev.) was an
institutional stockbroker and broker-trader at the Pacific Stock
Exchange before entering politics; he is not running for re-election.
The picture changes only modestly if one includes accountants, of
which there are seven in the House and two in the Senate. By comparison,
according to an August 2012 report by the Congressional Research
Service, Congress has 200 lawyers, 81 educators, 17 farmers, five
ordained ministers, two pro football players and one astronaut.
Financial Planning Association head Paul Auslander recently argued
advisors should get more interested in public office. Why, though, has
the interest been so modest to begin with?
Whole thing
here.
