When finance gets political

When finance gets political
If you’re being yelled at by acolytes of either extreme, then you’re doing it right
SEP 27, 2020

This will be the sixth presidential election being conducted while I’ve led a publication, and I can tell you that based on reader feedback, this one is no different from any that have preceded it. We’ve entered the period where readers of financial publications take one of two stances on any mention of government leaders in the financial media they consume.

The first camp consists of the world-weary consumer, exhausted by the ubiquity of political discussion. They say: “Please don’t let your publication get political. It is important to have resources that are providing industry information, not taking political stances.”

This reader helps us do our jobs better because we are reminded to aspire to neutrality.

Then there’s the polarized reader that offers less value, frankly, but can inform our work. They say: “InvestmentNews needs a new subtitle. Please consider ‘The Trusted Resource for (insert party you don’t support) Financial Advisors’ as more appropriate.”

Essentially, they’re both saying: “Stick to finance.”

My guidance to the team when we get these notes? Make sure you’re hearing from both sides.

If you’re being yelled at by acolytes of either extreme, then you’re doing it right. And to those who want us to just stick to finance, we will — but that includes an open discussion of regulations driven by political results.

So, we’ll stick to finance, but that doesn’t mean we’ll ignore politics.

Latest News

Retirement plan defaults leave key participant decisions unresolved
Retirement plan defaults leave key participant decisions unresolved

New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.

Global equity release market set to triple, with US leading growth
Global equity release market set to triple, with US leading growth

Aging homeowners hold record housing wealth - but most advisors still aren't bringing it into retirement plans

Retiree alleges advisor withheld $600K through real estate LLC web
Retiree alleges advisor withheld $600K through real estate LLC web

$1.7M invested from an inheritance. Then the phone went dead.

SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception
SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception

The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.

GLP-1 users are trading retirement savings for their prescriptions
GLP-1 users are trading retirement savings for their prescriptions

A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor