Our Mission

In 1950, retail investors directly owned more than 90 percent of the stocks issued by U.S. companies. Today, that number is closer to 30 percent, with securities markets these days increasingly being dominated by big, institutional and often passive holders.

Of course, on balance, the rise of passive investing, which is designed to track the performance of an index as opposed to trying to beat it, has been great for the retail investing community, generating steady, low-fee returns for millions of Americans.

But as the size and influence of these massive institutional holders has grown, so too has their power, influence and share of voice – drowning out the voices and interests of Main Street investors who, despite controlling the single largest pool of equity capital in the world, have almost no ability today to influence the decisions these funds make on their behalf, with their money.

The Main Street Investors Coalition was created to help change that. By doing so, it will help mitigate the agency costs created by U.S. stock markets that have come to be dominated by institutional investors. Stand with us as we seek to bring much-needed reform to a badly broken, costly and inherently unfair system.

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Main Street investors hold more than $16.9 trillion in stocks. That means we control the single largest pool of equity capital in the world. It’s time for our voices to be heard, and our agenda to be adopted.

Sign up to add your voice to the campaign.


  • Demanding that fund managers focus on maximizing performance – not playing politics with other people’s money

  • Providing retail investors with more visibility into how the funds they own vote on their behalf

  • Forcing third-party, “black-box” proxy-advisory firms to be more transparent about potential conflicts of interest

  • Insisting that public pension funds meet the same basic regulatory and reporting standards as private pension funds

The Latest

November 13, 2018 | Main Street Coalition

60 Plus Association Joins Ranks of Those Calling for Proxy Advisor Reforms

With only a few days before the U.S. Securities and Exchange Commission’s (SEC) roundtable on issues with the proxy process, the 60 Plus Association has released a new report detailing how common practices by proxy advisory firms are harming retirement savings. The report, Consequences of Proxy Advisors on Senior Investments, explains why blind reliance on proxy advisors ...

November 9, 2018 | Main Street Coalition

New Report Details Rampant Robo-Voting in Line with Proxy Advisory Firms’ Recommendations

Just days before the U.S. Securities and Exchange Commission (SEC) hosts a roundtable to discuss issues with the proxy process, the American Council for Capital Formation (ACCF) released a new report which found that a large group of asset managers, who collectively manage over $5 trillion in assets, have historically voted in lock-step with the ...

November 8, 2018 | Main Street Coalition

NAM, U.S. Chamber launch ad campaign to shine light on proxy advisors

The Securities and Exchange Commission’s (SEC) roundtable on the proxy process is fast-approaching. In preparation for the roundtable, the National Association of Manufacturers (NAM) and the U.S. Chamber of Commerce have launched a six-figure ad campaign to draw attention to the threats that unrestrained proxy advisory firms pose to the retirement funds of retail investors. ...

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