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Friday 04 November 2016 1:50 pm

Trump voters on Wall Street are richer, older and more experienced than you

By: Courtney Goldsmith

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With four days to go until the US presidential election, finance professionals are standing in support of Donald Trump in comparison to national poll results, figures suggest – and not surprisingly, they are male, pale and stale.

In a national poll, 38 per cent of respondents supported Trump, against 50 per cent who supported Clinton. Yet among financial professionals, the percentage of support was 46 per cent on both sides, a survey by Emolument.com has suggested – despite suggestions the US economy could be in for a torrid time if Trump wins. (NB – experts have suggested gold prices could rise as high as $1,850).

While the core of Trump’s supporters are high-school educated white men, high-earning and highly-educated financial services professionals are likely to be swayed by concerns of tax hikes for the rich should Clinton win the election and overlook the more populist and distasteful elements of the Trump campaign when casting their ballot,” said Alice Leguay, co-founder of Emolument.com.

The salary-benchmarking site polled 117 respondents to discover what the average Donald Trump supporter on Wall Street looks like.

They have higher salaries

Based on information from Emolument users, finance professionals who support Trump have a median salary of $120,000. Both Clinton’s supporters and those who are undecided or voting for other candidates have a median salary of $110,000.

They are older and have more professional experience

Voters with more than 10 years of professional experience are twice as likely to support Trump than junior employees at 36 per cent compared to 18 per cent. This is a broader trend as well, with the majority of Republican supporters aged 43 to 56 and even more aged 69 and older, according to a Gallup poll. Seniors are also the most likely to vote.

They are more likely to hold degree in business than engineering

Business professionals who may be inspired by Trump’s self-proclaimed business acumen are almost three times as likely to support Trump than those who have an engineering degree, at 35 per cent to 13 per cent. 

They are male

Surprising no one is the fact only four per cent of college-educated women said they plan to vote for Trump, compared with 34 per cent of men. An ABC news poll showed 69 per cent of likely voters disapprove of Trump’s response to questions on his treatment of women.

Now read: Whisper it but there are silver linings to both a Trump and Clinton victory

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