Wells Fargo/Gallup Survey: Investor Optimism -2-
1 days 14 hours 39 minutes ago - DJNF
These findings are part of the Wells Fargo/Gallup Investor and Retirement Optimism Index, which was conducted Jan. 30-Feb. 9, 2015, by telephone. The Index includes 1,011 investors randomly selected from across the country with a margin of sampling error is +/- three percentage points. For this study, the American investor is defined as an adult in a household with total savings and investments of $10,000 or more. About two in five American households have at least $10,000 in savings and investments. The sample size is comprised of 73% non-retired and 27% retirees. Of total respondents, 60% had reported annual income of less than $90,000 and 40% of $90,000 or more. The Wells Fargo/Gallup Investor and Retirement Index is an enhanced version of Gallup's Index of Investor Optimism that provides its historical data. The median age of the non-retired investor is 47 and the retiree is 69.

The Index had a baseline score of 124 when it was established in October 1996. It peaked at 178 in January 2000, at the height of the dot-com boom, and hit a low of negative 64 in February 2009.

About Wells Fargo & Company (Twitter @WellsFargo)

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune's 2014 rankings of America's largest corporations. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

About Gallup

For more than 70 years, Gallup has been a recognized leader in the measurement and analysis of people's attitudes, opinions, and behavior. While best known for the Gallup Poll, founded in 1935, Gallup's current activities consist largely of providing marketing and management research, advisory services and education to the world's largest corporations and institutions.

Note: Complete survey results and a chart showing the index movement are available upon request.

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CONTACT: Wells Fargo & Company

Allison Chin-Leong, 212-214-6674, (Media)

Allison.Chin-Leong@wellsfargoadvisors.com

Leslie Ingberg, 612-667-0265 (Media)

Leslie.Ingberg@wellsfargo.com

@LeslieIngbergWF

SOURCE: Wells Fargo & Company

Copyright Business Wire 2015

(END) Dow Jones Newswires

March 05, 2015 09:00 ET (14:00 GMT)