VOTE FRED WILMS
FOR STATE TREASURER
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PERFORMANCE
OVER
POLITICS.
PERFORMANCE
OVER
POLITICS.
VOTE FRED WILMS FOR STATE TREASURER
PERFORMANCE
OVER
POLITICS.
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SERIOUS EXPERIENCE.
REAL RESULTS.
Connecticut deserves a State Treasurer who puts performance over politics. Our pension system still lags behind national peers, and too often, key investment decisions are made behind closed doors with little transparency or accountability. I’m running for Treasurer because the people of Connecticut deserve better—better oversight, better returns, and a stronger financial future. With nearly four decades of banking experience and a career rooted in fiscal discipline, I’m ready to bring professional management back to the Treasurer’s Office.
This job isn’t about chasing headlines or political agendas. It’s about protecting billions in taxpayer assets with integrity and competence. I’ve spent my entire career helping families, businesses, and local governments make sound financial decisions. As Treasurer, I will ensure our state’s investments are managed with the same seriousness and care. I’m running because Connecticut needs a financial steward—not a political activist.
I started my career on Wall Street after earning my MBA in Finance from the University of Michigan and my BA in Economics from Northwestern. Since then, I’ve worked across the financial services industry, and today I serve as Senior Vice President at a leading Connecticut bank. I’ve helped more than 700 small and mid-sized businesses across Connecticut succeed by managing risk, capital, and growth—experience that’s directly relevant to managing our state’s multi-billion-dollar investment portfolio.
Public service has always been a calling for me. I served two terms in the Connecticut House of Representatives, where I helped craft and pass the first GOP-approved budget in over 30 years. That budget put in fiscal guardrails, respected the constitutional spending cap, boosted the Rainy-Day Fund, and pushed for long-overdue pension reform. My legislative service was grounded in results, not rhetoric, something the Treasurer’s office needs now more than ever.
Before my time in the legislature, I served for eight years as Chairman of Norwalk’s Board of Estimate and Taxation—our city’s top fiscal authority. I’m proud to have protected Norwalk’s AAA bond rating throughout the Great Recession while keeping taxes under control and balancing the budget. I understand what fiscal discipline looks like because I’ve practiced it during the toughest economic times. Local government teaches you quickly how to do more with less, and that’s a lesson Hartford still needs to learn.
“
Connecticut needs a trusted financial manager — not a political activist.”
-Fred Wilms
Outside of work, I’ve remained deeply involved in my community. I currently serve as Chairman of the Norwalk Republican Town Committee and volunteer on several nonprofit boards. I raised our family in Norwalk, and I’ve always believed that giving back—whether through public office or community service—is part of what keeps our state strong.
As State Treasurer, I’ll be a watchdog for taxpayers, a guardian of our pensioners’ future, and a leader who understands the numbers behind every decision. I’ve spent my life helping others manage money wisely—it’s time we brought that same professionalism to Hartford. The people of Connecticut deserve transparency, accountability, and results. I’m ready to deliver.
IT’S YOUR MONEY. LET’S GET SERIOUS.

Pension Reform
Connecticut’s public pensions remain among the most underfunded in the nation. I support reforms that prioritize stable returns, reduce risk, and strengthen long-term solvency. My decades of experience as a banker and public budget manager give me the practical tools to get this done—unlike career politicians learning on the job.
We must demand more consistent performance and better governance over our $50 billion in pension assets. That’s why I support creating an Investment Board to share fiduciary responsibility and ensure smarter decision-making. It’s time we joined 48 other states in adopting proven oversight models that protect retiree funds. A secure retirement shouldn’t be a partisan talking point—it should be a professional commitment.

Debt Reduction
Connecticut is one of the most indebted states in America, and taxpayers are paying the price. I believe the Treasurer must be a strong advocate for lowering our debt burden—not adding to it. While others have supported borrowing schemes, I will focus on paying down what we already owe. Fiscal responsibility means saying no to new debt when we’re already underwater.
As Treasurer, I’ll champion responsible borrowing practices and oppose gimmicks that push costs onto future generations. My approach is simple: borrow only when we must, spend only what we have, and always look for ways to reduce our obligations. That’s what Connecticut families do at their kitchen tables, and it’s what their government should do too.
Transparency
No one person should have sole control over $60 billion in state investments. Yet right now, Connecticut’s Treasurer has more unchecked financial authority than almost any other in the country. I support creating a Board of Directors to share fiduciary responsibility and introduce real transparency and accountability into how our money is managed. As Chairman and CEO of this Board, the Treasurer would still lead—but with input, oversight, and trust from qualified professionals.
We deserve an open-book Treasury that earns the public’s confidence every day. That’s why I will proactively disclose investment performance, management fees, and unclaimed property data—no hiding, no stonewalling. I will also implement best-in-class practices from the private sector to ensure our reports are clear, timely, and independently verified. Connecticut families have a right to know how their money is being used, and I will work every day to earn that trust.

Accountability
The Treasurer's role isn’t to push a personal agenda—it’s to protect and grow Connecticut’s financial assets for taxpayers and retirees. I will restore accountability by focusing on performance, not politics. That means resisting ESG, holding managers to their benchmarks, and eliminating underperforming investments, no matter how politically fashionable they may be. I’ll never treat your retirement as a social laboratory.
We’ve seen what happens when ideology trumps fiduciary duty—too often, returns suffer and taxpayers lose. I believe the Treasurer should be answerable to results, not headlines. That’s why I will publish quarterly scorecards, comparing our performance against peers and benchmarks, so the public knows where we stand. Accountability begins with transparency—but it ends with action, and I won’t shy away from either.