Financial adviser jumps into race for U.S. Senate seat

A financial adviser from northwest Arkansas said he's seeking the Republican nomination to challenge Democratic U.S. Sen. Blanche Lincoln, joining an increasingly crowded field of GOP hopefuls.
SEP 23, 2009
A financial adviser from northwest Arkansas said he's seeking the Republican nomination to challenge Democratic U.S. Sen. Blanche Lincoln, joining an increasingly crowded field of GOP hopefuls. Buddy Rogers became the seventh Republican to join the race to challenge Lincoln when he announced his Senate bid. Lincoln is seeking a third term in the Senate. "I have only one campaign promise and that's I won't abandon our conservative values when I get to Washington," Rogers told The Associated Press in an interview. "That's what angered people before, is the Republicans began acting like Democrats." Lincoln's campaign did not immediately return a call seeking comment Tuesday. Republicans have targeted Lincoln as she seeks re-election and Arkansas Senate President Bob Johnson has said he may run against Lincoln in the Democratic primary. Rogers acknowledged that he faced an uphill battle in raising money in the crowded field for the GOP Senate nomination. Rogers wouldn't say how much money his campaign hoped to raise by the end of the year. Lincoln has more than $3.2 million cash on hand for her re-election bid. "That obviously is going to be my biggest challenge.... I'm going to have to be more effective in my use of money and I'm going to have to be a better candidate to overcome the deficiency of money compared to other candidates," Rogers said. Other Republicans in the running include state Sen. Gilbert Baker of Conway, businessman Tom Cox of Little Rock, Safe Foods CEO Curtis Coleman, state Sen. Kim Hendren of Gravette, businessman Fred Ramey of Searcy and retired Army Col. Conrad Reynolds of Conway. Greenland Mayor John Gray has said he'll seek the Green Party's nomination to challenge Lincoln.

Latest News

Carnegie Investment Counsel sued over valuation suppression
Carnegie Investment Counsel sued over valuation suppression

Retiring RIA seller David Laidlaw alleges the Carnegie valued his stake on $11.7 million EBITA while pitching potential buyers on $21.3 million.

Arch pushes AI portfolio monitoring into pre-investment due diligence
Arch pushes AI portfolio monitoring into pre-investment due diligence

New tool gives RIAs and family offices AI help vetting private market deals, with some users reportedly halving review time.

$4.5M raised on trust alone: SEC alleges affinity fraud in merchant lending
$4.5M raised on trust alone: SEC alleges affinity fraud in merchant lending

Investors got projected returns dressed up as real ones, SEC says

Treasury sets auto-enrollment rules for Trump Accounts, potentially adding 60 million more children
Treasury sets auto-enrollment rules for Trump Accounts, potentially adding 60 million more children

Parents must still act to get the $1,000 federal seed and employer contributions, giving financial advisors a role in the rollout.

FINRA bars former LPL broker for stealing $1.7 million from customers
FINRA bars former LPL broker for stealing $1.7 million from customers

FINRA booted Rudy Anguiano from the industry for “conversion - the intentional and unauthorized taking of another person’s property.”

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

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains