Michigan Republican
Rep. Thad McCotter
Financial approach
Invests in: Mixed, Finance / Insurance / Real Estate, Transportation
McCotter’s financial portrait
The Post examined the personal finances disclosed by all members of Congress and computerized by Center for Responsive Politics to show how they manage their assets and invest their money.
McCotter
House median
Estimated wealth
$677,013 in 2010
Change in estimated wealth
114% since 2004
Less wealth and less aggressive
Lawmakers who use safer investment strategies with limited wealth.
Wealthier
More aggressive
Financial approach
Institutional Investor
117 lawmakers are primarily invested in mutual funds and managed retirement funds that have a balance of stocks and bonds, which are often very safe but can be managed to be more or less aggressive.
What industries does McCotter invest in?
Many assets can be tied to specific industries, such as finance, agriculture or
natural resources. "Mixed" investments are assets not tied to a specific industry.
McCotter's estimated
2010 liabilities
None
What asset types does McCotter hold?
Assets are lumped into groups such as real estate, stocks,
mutual funds or cash.
NOTE: "Mixed" investments are assets that are not tied to a specific industry. Charted change in annual estimated wealth is capped at 200 percent increase and 100 percent decrease for clarity. See the full methodology here.
SOURCES: Congressional financial disclosure forms, Center for Responsive Politics, Washington Post analysis.
About the data
The estimation of assets for lawmakers is based on calculating the midpoint of reported value ranges for holdings and liabilities that members of Congress list on financial disclosure forms. It does not reflect assets lawmakers are not required to disclose, such as personal residences and non-interest bearing bank accounts. The estimation is not intended to provide a complete portrait of the net worth of each legislator, but rather show their relative standing in Congress and how their holdings have changed over time.
If you're a member of Congress who would like to further clarify your financial portrait, please contact us at capitolassets@washpost.com.
