The National Association of Insurance and Financial Advisors donated more than three quarters of a million dollars to state legislative, executive and judicial candidates in the first two years after the last presidential election, according to the National Institute on Money in State Politics.

None of the other major financial advisory trade groups gave a cent during 2013 and 2014, the last two years available in the NIMSP’s data base.

Large advisory firms showed a financial disinterest in state contests as well.

LPL Financial Corp donated nothing while Ameriprise Financial Services gave $243 and Wells Fargo Advisors contributed $5,500.

The most logical reason for NAIFA’s substantially greater interest in state contests over the other advisory trade groups and firms is the word “Insurance” in its name. While the states do regulate small advisors, nearly all insurance regulation is done at the state level for companies both big and small.

NAIFA national accounted for over half of the total with $398,725 followed by its California chapter with $45,000, Texas at $35,500, New York at $31,250 and Tennessee at $27,000.

Among other large state chapters, Wisconsin, Oklahoma, Missouri, Maryland and North Carolina gave contributions in those races in those years between $21,000 and $25,000.