As affluent Americans seek advice about investments, they are seldom turning to private bankers and trust officers, a new survey shows.

Only nine out of 150 wealthy people cited trust officers as a very important source of investment advice, and just 12 respondents classified private bankers as important advice providers, according to a survey conducted for U.S. Trust Corp., New York.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.