Sponsored By
![Wealth Management Magazine Wealth Management Magazine](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/bltb2b97c8dc5044c5e/67239d7ce88bac59d13a489e/WMMagLogo.jpg?width=700&auto=webp&quality=80&disable=upscale)
Wealth Management Magazine features the best of WealthManagement.com, including news, trends, topics and research important to financial advisors.
The 2008 Presidential (Money) RaceThe 2008 Presidential (Money) Race
Wirehouse broker/dealers have been lining the campaign coffers of both Democratic and Republican candidates- see which firms are ponying up the most dough, and for whom.
John Churchill
June 1, 2007
1 Min Read
John Churchill
Whether the dosh comes from a firm's Political Action Committee (PAC) or the pocketbooks of its employees or owners, a lot of Greenbacks find their way from wirehouses into political campaign coffers. Below are the top three money-earning candidates from both parties and the amounts contributed in U.S. dollar amounts to each candidate by wirehouse broker/dealers, and in aggregate, through April 15th, according to the most recently released data from the Federal Election Commission.
DEMOCRATS | REPUBLICANS | ||||||
---|---|---|---|---|---|---|---|
Clinton | Obama | Edwards | Romney | Giuliani | McCain | Totals | |
Citigroup | $101,450 | $56,000 | $34,250 | $44,800 | $47,600 | $52,250 | $336,350 |
UBS Americas | 0 | 162,200 | 0 | 0 | 62,050 | 0 | 224,250 |
Morgan Stanley | 79,350 | 41,850 | 0 | 66,550 | 31,700 | 0 | 219,450 |
Merrill Lynch | 37,650 | 0 | 0 | 56,250 | 66,200 | 30,900 | 191,000 |
Wachovia | 0 | 0 | 0 | 0 | 0 | 43,750 | 43,750 |
Source: The Center for Responsive Politics, www.opensecrets.org |