People who use professional financial advice say accountants are their favorite financial advisors, according to LIMRA International.
Among consumers who seek financial advice regularly, 36% say they use accountants, compared to 29% who use financial planners or financial advisors and 16% who use life insurance agents or brokers, according to survey results that LIMRA, Windsor, Conn., released here at its annual meeting.
Researchers polled consumers with household incomes of at least $75,000.
About 13% of the advice-seekers said they turn to lawyers; 11%, to bankers or loan officers; 10%, to investment managers; and 8%, to stockbrokers, said Frank Santa-Donata, a special consultant with LIMRA.
The totals add up to more than 100% because some advice-seekers reported using more than one source.
