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

Mesirow acquires part of flexPATH in second retirement deal of 2026
Mesirow acquires part of flexPATH in second retirement deal of 2026

Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.

Advisor moves: LPL lands $350M veteran advisor duo in Florida
Advisor moves: LPL lands $350M veteran advisor duo in Florida

Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.

SEC accuses crypto firm founder of running $425 million Ponzi scheme
SEC accuses crypto firm founder of running $425 million Ponzi scheme

It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.

MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products
MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products

Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.

Fintech bytes: Wealth tech firms target advisor productivity with new integrations
Fintech bytes: Wealth tech firms target advisor productivity with new integrations

Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.

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

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income