What investment banking donors give in federal races
Donors who listed INVESTMENT BANKING as occupation account for $6,137,543 in itemized federal receipts in LobbyVault’s index of FEC.gov bulk files. That sum sits on 15,820 contribution lines tied to 1,044 donor records. INVESTMENT BANKING is a function or industry phrase in the occupation field, stored apart from INVESTMENT BANKER and BANKER if those did not normalize to this string. In compact form the occupation total is $6.1 million.
Key figures
- INVESTMENT BANKING itemizations sum to $6,137,543 from 15,820 contributions and 1,044 donors.
- Mean amounts are about $388 per contribution and about $5,879 per donor record.
- INVESTMENT BANKER is a separate FEC occupation bucket.
- Occupation is self-reported on FEC Form 3/3X, not a verified job roster.
Function-string receipts under $6.1 million
$6,137,543 is the occupation-level dollar total. 15,820 is the itemization count. 1,044 is the donor-record count. Dividing dollars by lines yields about $388 per contribution. Dividing by donors yields about $5,879 per donor record. The repeat rate is about 15 itemizations per donor record. Fifteen thousand-plus lines from 1,044 donor records is a mid-to-high frequency finance key rather than a thin stack of outsized checks.
Those means are arithmetic, not medians. The packet has no gift-size distribution, no party split, and no cycle series. A few large lines can lift $388 while most receipts stay smaller—or the reverse. This guide cites only the three harvested facts and the trivial ratios computed from them.
Mean dollars per line sit below concentrated dual-title CEO keys with similar headline dollars. This bucket is heavier on line count than on dollars per line.
Banking versus banker as occupation text
Some donors write INVESTMENT BANKING; others write INVESTMENT BANKER, IBD, or MANAGING DIRECTOR. FEC bulk data keeps each spelling. LobbyVault does not merge them.
FEC Form 3 (candidate committees) and Form 3X (PACs and party committees) collect occupation as free text on itemized Schedule A. FEC.gov publishes what committees reported. There is no drop-down of job titles and no license check. LobbyVault groups rows whose occupation field equals INVESTMENT BANKING after indexing. INVESTMENT BANKER, BANKER, and INVESTMENT ANALYST remain other occupation pages unless the extract normalized them to INVESTMENT BANKING.
What 1,044 donor records can and cannot show
1,044 donor records used INVESTMENT BANKING on at least one matching itemization. 1,044 donor records used INVESTMENT BANKING on at least one matching itemization. That is not a headcount of investment-banking employees. Analysts, associates, and coverage bankers may file other titles.
A person who listed INVESTMENT BANKING on some gifts and a neighboring title on others will appear in both occupation totals for the respective lines. Occupation is stored per transaction, not as a lifetime identity field. Address variants can also split one human into more than one donor record.
Keep finance industry tables on a separate cut
Industry pages on LobbyVault group employer-side categories. Industry pages group finance employers. This occupation page groups only the job-field string INVESTMENT BANKING. Adding the two double-counts overlapping itemizations. Adding $6,137,543 to an industry total double-counts overlapping itemizations. Use one filter at a time unless you are tracing a single row.
Open the INVESTMENT BANKING occupation page for the indexed line list. Use the occupations index to place this string next to neighboring labels. Independent expenditures are not contributions and are not inside $6,137,543.
How to cite the investment banking key
A usable public-record citation names the exact string: INVESTMENT BANKING itemizations in FEC bulk data indexed on LobbyVault sum to $6,137,543 on 15,820 contributions from 1,044 donor records. Add that the figure is itemized occupation money. Unitemized receipts never carry an occupation code, so they never enter the total.
Source: FEC Form 3/3X schedules. The facts do not encode party. Recipient committees are a different join. The phrase is not a FINRA registration list and not a bank holding-company total.
Treating INVESTMENT BANKING as desk language in FEC files
INVESTMENT BANKING in this extract is $6,137,543 on 15,820 itemizations from 1,044 donor records, or $6.1 million in compact millions. Those dollars are itemized activity on FEC Form 3 and Form 3X schedules indexed on LobbyVault from FEC.gov bulk data. Unitemized receipts never carry an occupation code, so they never enter the total. Refunds and memo entries follow FEC presentation in the underlying schedules; this guide does not invent a fourth occupation-level fact. A desk or division name on Schedule A is not a broker-dealer roster. The occupation field is donor-supplied free text, not a NAICS industry code and not a verified roster.
Arithmetic means on this key are about $388 per contribution and about $5,879 per donor record, with roughly 15 itemizations per donor record. Means are not medians. The packet has no gift-size distribution and no party split. INVESTMENT BANKER, BANKER, and INVESTMENT ANALYST remain other occupation pages unless the extract normalized them to INVESTMENT BANKING. Combining those keys without naming each source total changes the unit from one FEC string to a homemade cluster.
Industry pages group employer-side categories and should not be added to $6,137,543. A public-record citation that stays inside the packet is: occupation equals INVESTMENT BANKING, dollars equal $6,137,543, contributions equal 15,820, donors equal 1,044. Candidate and committee pages hold the recipient side. LobbyVault does not infer motive from the occupation column.
Researchers who need cycle cuts, employer text, or recipient lists should leave this guide and open the live occupation hub. This file restates harvested packet facts only. Compact millions ($6.1 million) are the same headline amount as $6,137,543, rounded to one decimal place. Keep the contribution count and the donor-record count in any sentence that quotes the dollars, so readers can see the shape of INVESTMENT BANKING in this extract. Exact-string matching is the method. Anything else is a different query.
Questions
- How much have investment banking donors given in FEC records?
- Itemizations that list INVESTMENT BANKING sum to $6,137,543 across 15,820 contributions and 1,044 donor records in the LobbyVault index of FEC bulk data. The total is an exact-string occupation filter. Occupation is self-reported free text on FEC Form 3 and Form 3X schedules. Unitemized receipts never enter this occupation total.
- Is investment banker included in this total?
- Only if the occupation field equals INVESTMENT BANKING. INVESTMENT BANKER is a different key. This page is $6,137,543, 15,820 contributions, and 1,044 donors for the banking-function string. The occupation field is donor-typed on Form 3 and Form 3X. LobbyVault indexes exact strings from FEC.gov bulk data. Unitemized gifts never carry an occupation code.
- Does this represent Wall Street as a sector?
- No. It is one occupation string. Many finance employees use other titles. Industry pages group employer-side data. The occupation total remains $6,137,543. Cite the three packet facts with the exact occupation string. Source: FEC.gov Form 3/3X itemizations indexed on LobbyVault. Unitemized receipts are outside this total.
- What is the average contribution in this file?
- Dividing $6,137,543 by 15,820 itemizations yields about $388 per contribution. Dividing by 1,044 donors yields about $5,879 per donor record. Both are means, not medians. Confirm surprising amounts on the committee report at FEC.gov. Occupation matching is exact-string only. Unitemized receipts never enter this occupation total.
Occupation is self-reported on FEC Form 3/3X itemizations. Indexed on LobbyVault from FEC bulk data.