Millionaires are dissatisfied with their wealth managers but value personal trainers and therapists, according to a survey. Only a third use a wealth advisor, with 1 in 5 planning to fire them due to high costs and poor service. Satisfaction is highest for personal trainers, therapists, and other wellness professionals.

A survey of millionaires found high satisfaction with personal services like child care and education. Personal trainers received the highest satisfaction score at 9.3, followed by investment-visa advisors and sports coaches. Services for children, such as private school and day care, also ranked high.

Wealthy investors are frustrated with financial and legal services due to costs and lack of personalization. Many are considering switching financial advisors and tax professionals. Estate attorneys rank below pool services in satisfaction levels. Flat fee structures are becoming more popular due to transparency and reduced conflicts of interest.

The wealthy are increasingly investing in personal services like therapy and child care. Therapy is important to younger millionaires, with nearly half under 40 using a therapist. Spending on services for children, such as nannies and private schools, is significant and satisfaction levels are high. Wealth managers and lawyers are seen as more transactional and less personalized.

Read more at CNBC: Millionaires value personal trainers more than their wealth advisors