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Barron's 1998 Primary Reader Survey, RWA Research
Who are they?

What do they do?

How do they invest?

How do they use technology?

How do they spend their time?

Complete results of Barron's 1998 Primary Reader Survey, RWA Research best viewed with Acrobat[TM] Reader 4.0

 
Who Are They?

Readership
Average reading time: 2 hours, 26 minutes
At-home readership: 94.8%
Any actions taken as a result of advertising: 79.3%

Sex
Male: 90.8%
Female: 9.2%

Age
Average age (years): 54
25-54 years: 47.7%

Education
Attended college: 93.8%
College graduate: 80.6%
Postgraduate work: 51.5%
Postgraduate degree: 37.6%

Household Income
Average: $203,000
Median: $131,000
$75,000+: 74.4%
$100,000+: 58.0%

Personal Employment Income
Average: $171,000
Median: $92,000
$50,000+: 78.4%
$75,000+: 61.0%

Household Net Worth
Average: $1,228,000
Median: $908,000
$1,000,000+: 45.7%

Base: All repondents
Base: Personal income: Respondents who are employed

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What do they do?

Job Title
Top management: 44.0%
Middle management: 12.3%
Professionals: 38.0%

Company Size
Small: fewer than 100 employees: 47.4%
Midsize: 100 to 999 employees: 15.7%
Large: 1,000 or more employees: 36.9%

Advisory Roles
Serve on any board of directors: 23.1%
CEO/CFO/COO: 32.3%
Chief Executive Officer: 23.5%
Chief Financial Officer: 17.9%
Chief Operating Officer: 16.0%

Areas of Responsibility
Administration/management: 29.2%
Corporate planning/development: 18.7%
Employee benefits/insurance: 28.2%
Engineering/design: 12.9%
Financial: 46.1%
Legal: 16.0%
Medical: 10.9%
Purchasing: 20.8%
Sales, marketing/advertising, merchandising promotion: 49.3%
Technology: 19.0

Purchase Involvement
High-tech/office equipment/services: 58.9%
Computers: 52.6%
Computer peripherals: 49.8%
Office equipment: 34.4%
Telecommunications equipment/services: 40.5%

Miscellaneous:
Corporate gifts: 33.4%
Financial services: 38.8%
Freight/transportation: 29.3%
Insurance: 25.5%

Managers of Corporate Funds
For any organization: 42.6%
For company where employed: 33.8%
For other organizations: 20.3%
Average value of funds managed (millions): $265.6

Financial Professionals
Registered representative: 23.0%
Financial advisor/planner/asset manager: 21.3%
Fund Manager: 42.6%

Base: Respondents employed in business or professions
Base: Purchase involvement and miscellaneous:
Respondents who are employed

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How do they invest?

Number of Investment Transactions
in Past 12 Months
Average: 30
Median: 17
10+ transactions: 67.9%
25+ transactions: 34.6%

Use of Brokerage Firms
Any brokerage firm: 95.5%
Discount brokerage: 73.1%
Full-service brokerage: 71.8%
Online brokerage: 37.4%

Total Portfolio Value
Average: $1,110,000
Median: $610,000
$250,000+: 71.2%
$500,000+: 54.7%
$1,000,000+: 33.8%

Investments Currently Owned
Annuities: 13.3%
Bonds: 45.9%
Certificates of deposit: 17.3%
Foreign securities/ADRs: 17.6%
Money market funds: 63.3%
Mutual funds: 77.1%
Options/futures: 13.1%
Retirement accounts: 70.8%
Stocks: 91.7%

Base: All respondents
Base: Portfolio value: Respondents who own any investments/assets

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How do they use technology?

Computer/Internet/Home Office
Own a PC at home: 79.7%
Use a computer at work: 87.6%
Access Internet at home or work: 80.4%
Have a home office: 62.1%

Use Outside of Primary Office
Cellular phone: 59.7%
Laptop computer: 44.9%

Base: All respondents
Base: Use Computer/Internet work: Respondents who are employed.

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How do they spend their time?

Public Activities
Any public activities: 70.9%
Active in any environmental, civic/political or other social issues: 44.5%

Recreational Activities in Past 12 Months
Boating, sailing: 25.5%
Fishing: 27.9%
Golf: 40.9%
Vacation travel: 75.8%

Leisure Activities in Past 12 Months
Art gallery: 53.0%
Auction: 25.5%
Museum: 59.9%
Theatre: 62.5%

Base: All respondents

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Source: Complete results of Barron's 1998 Primary Reader Survey, RWA Research best viewed with Acrobat[TM] Reader 4.0



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