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News & Press: CalAdvisor Newsletter

Featured Member Benefit: NAIFA Advocacy

Tuesday, January 19, 2016   (0 Comments)
Posted by: Jessica Benjamin
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When it comes to political advocacy and protecting the interests of its members, NAIFA is one of the best in the business. NAIFA's government affairs staff monitors federal legislation and mobilizes resources to achieve the most favorable outcome for members and their clients. The constituent and staff lobbying effort is strengthened by both our industry-leading political action committee, IFAPAC, and the Advisors Political Involvement Committee (APIC), our grassroots network of members who have developed relationships with virtually every member of Congress.

At the state level, NAIFA-Iowa works to positively impact state legislation and regulation. We develop lobbying strategies, comment on key issues, implement uniform policies and participate in litigation.  NAIFA-Iowa offers two advocacy events each year with the Leadership and Advocacy Summit in the fall and Day on the Hill in January.

NAIFA’s three advocacy communications products are designed to improve NAIFA members’ understanding of the legislative and regulatory environment in which they work.

GovTalk: A monthly summary of federal and state legislative matters that impact the business of NAIFA members.

GovWatch: Reports on breaking legislative and regulatory matters that potentially affect your bottom line.

GovAlert: Lets you know that URGENT NAIFA member action is needed on legislative or regulatory issues that affect you.

NAIFA’s Advocacy Efforts By the Numbers
$1.6 Million contributed by IFAPAC to federal candidates and committees
306 contributions to federal candidates and committees
NAIFA hosted 35 Industry Events for Members of Congress
1,870 documented relationships between NAIFA members and Members of Congress – that's an average of 3.5 NAIFA members per Member of Congress
100% of tax-writing committee Members of Congress have at least one NAIFA contact
97% of Congress has a NAIFA constituent member active in NAIFA's political involvement program

In the 112th Congress NAIFA contributed in the following ways:
5 Capital Hill Days in Washington
1160 NAIFA members held more than 720 meetings in Washington with members of Congress and/or their senior Staff
631 NAIFA members held district meetings with their Senator or Representative
678 Meetings  with Members of Congress, congressional staff, and federal and state regulators
191 Advocacy coalition meetings with industry partners
69 Documented legislative accomplishments—on both the federal and state levels.

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