RSS Facebook Twitter LinkedIn
 


Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

Click to see the full profile


Share |

How Americans Communicate Today

Less than 30 percent of Americans did no texting, emailing or cellphone calling in the one day prior to being quizzed about their communication habits.

| BY Kent McDill

It’s a frequently seen and unfortunate sign of the times: two people sitting together at a restaurant or in a park, each typing away at their cellphone, each perhaps speaking to a person who is not in attendance while ignoring each other.

Although face-to-face conversations still happen occasionally, Americans are spending a lot of time in what is known as non-personal communication, which takes place by texting, emails or cellphone conversations. The frequency of such communication is rising, according to a new study from Gallup.

Likewise, the use of social media, smartphones and texting are rising when affluent investors want to speak to their advisors. According to Spectrem’s report Using Social Media and Mobile Technology in Financial Decisions, only 9 percent of Millionaire investors with a net worth between $1 million and $5 million have texted their financial advisor, but 42 percent of younger Millionaires (under the age of 36) would like to be able to speak to their advisor via text.  

Gallup interviewed more than 1,000 adults living in all 50 states in early September.  They were asked about their communication the day before the interview.

More than one-third said they texted, sent or read emails, and made or received phone calls via cellphones “a lot”. Less than 30 percent did not participate in any of those actions in the day prior to the interview.

Only 15 percent said they had placed “a lot’’ of phone calls on a business landline, and only 9 percent had made “a lot’’ of phone calls on a landline at home.

Segmenting by age obviously produced differing results, as 68 percent of those between the ages of 18 to 29 did “a lot’’ of texting, 50 percent made “a lot’’ of cellphone calls, and 47 percent had “a lot’’ of email correspondence. But even among those between the ages of 50 to 64, there 26 percent texting, 40 percent talking on the cellphone and 38 percent emailing “a lot.”

Only 17 percent of Americans over the age of 64 used a home landline “a lot’’ the day before the interview. In fact, more of them (18 percent) used a cellphone a great deal the day before the survey was taken.

  



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.