Broker groups dominate adviser groups on campaign
Trade associations representing brokerages are spending many multiples more on House and Senate campaigns than their counterparts that represent investment advisers. This trend is consistent with past election cycles.
Regardless of the amount the groups spend, they all tend to give more to Republicans at this point in the campaign than to Democrats, which is a result of Republicans holding the majority in the House and Senate. The giving by party may even out as we get closer to Election Day.
The following slides show campaign donations for calendar year 2017, total spending for the 2016 cycle and a breakdown of the spending by party. An election cycle runs from Jan. 1 of the out year (e.g., 2017 or 2015) to Dec. 31 of the election year (e.g., 2018 or 2016).
Sources: Federal Election Commission, Open Secrets