Alan B. Bond is a former Wall Street money manager and convicted felon running as an independent candidate in the April 16, 2026 special election to fill the remainder of Mikie Sherrill's congressional term. His candidacy has drawn significant attention due to his criminal history involving pension fund theft.

Bond built a career in finance during the 1990s, working at Goldman Sachs, Lazard, and Brenner Securities before founding his own investment firms. He earned a bachelor's degree from Dartmouth College and an MBA from Harvard Business School. At the height of his firm's activity, he managed more than $600 million in assets.

His legal troubles began in 1999 when the Securities and Exchange Commission filed a complaint alleging that between 1993 and 1998, as president and CIO of Bond, Precope Capital Management, he received $6.9 million in commission kickbacks from brokerage firms, siphoning investment returns from clients. A 2001 SEC enforcement action alleged a separate cherry-picking scheme at his subsequent firm, Albriond Capital Management, in which he placed 93% of profitable trades in his own account while allocating 83% of unprofitable trades to client accounts. Through this scheme, clients lost more than $57 million while Bond personally netted $6.6 million. He used the proceeds to acquire a collection of 75 luxury and antique cars, a large home, and a beachfront condominium in Florida.

Bond pled guilty to the kickback scheme and was found guilty by jury in the cherry-picking scheme. In 2003, he was sentenced to 12.5 years in federal prison and ordered to pay $12.3 million in restitution to victims. He was released in 2008 after serving approximately five years. His victims included the Birmingham Amalgamated Transit Authority Local 725 pension fund, the Old Dominion Disability and Retirement Allowance Plan, the City University of New York, and the National Basketball Association.

Bond currently resides in Montclair, New Jersey, and describes himself as a small business owner. He confirmed his congressional candidacy via email to financial publications, stating that "much has changed" in the nearly 30 years since the schemes occurred. He was not invited to participate in the April 1, 2026 debate between Democratic nominee Analilia Mejia and Republican nominee Joe Hathaway.

Political Career

• Independent candidate for U.S. House, NJ-11 (2026 special election); filed December 2025; ballot status confirmed for April 16, 2026 general election

Key Policy Areas

• Anti-monopoly regulation and price-gouging prevention

• Progressive taxation of billionaires

• Universal healthcare and childcare

• Housing affordability (banning hedge fund bulk home purchases)

• Workers' rights and union organizing

• Minimum wage increase to $25/hour

• Federal tax relief for incomes under $40,000

• Restoration of ACA subsidies

• Infrastructure investment (specifically Gateway Tunnel)

Notable Actions / Initiatives

• Managed over $600 million in assets at peak of financial career (1990s)

• Convicted in two separate SEC enforcement actions for pension fund theft totaling approximately $57 million in client losses (1993-2001)

• Served 12.5-year federal prison sentence (2003-2008)

• Ordered to pay $12.3 million in restitution to pension fund victims

• Founded "Hope for Tomorrow!" independent party for 2026 congressional campaign

Education

• B.A., Dartmouth College

• M.B.A., Harvard Business School

Personal

• Birth date: Not publicly available (age 64 as of 2026)

• Residence: Montclair, New Jersey