The days of PC/Mac ownership and usage may be numbered, but is not yet over.
A Spectrem study of Mass Affluent investors (net worth of between $100,000 and $1 million, not including primary residence) shows that smartphone ownership is up to 55 percent, and it has surpassed tablet ownership, which is at 52 percent. Smartphone ownership for investors under the age of 35 is at 83 percent.
Still, PC/Mac ownership and usage for website information is at 81 percent.
From 2012 to 2013, smartphone ownership went up 11 percent and tablet ownership went up 12 percent. However, the Mass Affluent investor is not using smartphones or tablets for news gathering or financial information.
For getting news, PC/Mac usage is at 55 percent, while 14 percent use their tablets and 11 percent use their smartphones. The mobile technology numbers drop when it comes to gathering financial and investment information, to 8 percent on tablets and only 4 percent on smartphones (compared to 64 percent for PC/Mac usage).
Over 50 percent (54 percent) of Mass Affluent investors use electronic devices of some sort to conduct simple financial business, such as buying and selling stock, or checking account balances. But, 47 percent of those are doing so on their PC/Mac while only 4 percent or doing so on tablets and 3 percent on smartphones.
The numbers for checking account balances go way up, to 89 percent overall, but 68 percent of those are doing their account checking on a PC/Mac while 10 percent are on their tablets and 11 percent are on their smartphones.
Keeping an eye on markets is something 74 percent of the Mass Affluent investors do, but again it done most often on PC/Macs (49 percent) over tablets (10 percent) and smartphones (11 percent).
Among the Millionaire investors (between $1 million-$5 million in net worth NIPR), smartphone usage for market updates under the age of 39 jumps way up to 39 percent. The overall number is nearing 20 percent.