The 10 people the world's richest billionaires trust the most with their money

Before you go, we thought you'd like these...

Billionaire Banking: Ultra-Wealthy Financial Services

When it comes to the richest of the rich, placing massive funds in the hands of untrustworthy sources is something that simply cannot be risked.

It comes as no surprise that for as small as the circle of people that can call themselves "billionaires" is, there is an equally as small circle of top trusted financial advisors and wealth management specialists that most of the wealthy use to manage their funds.

SEE ALSO: 6 terrible money situations you need to stop getting yourself into

From self-made entrepreneurial moguls to tried and true financial analysts themselves, the top earners of the world all have one thing in common: they know who to rely on to manage their millions.

Forbes recently curated a list of the top wealth advisors of 2016, with headquarters located everywhere from New York to San Francisco.

Here were the top 10 private wealth management advisors of this year:

11 PHOTOS
Top 15 wealth advisors 2016
See Gallery
Top 15 wealth advisors 2016

#10: Ric Edelman
Company: Edelman Financial Services
Headquarters: Fairfax, Virginia 
Typical account size: $500K
Total assets under management: $15.5B

Photo credit: LinkedIn

#9: Gregory Vaughan 
Company: Morgan Stanley Private Wealth Management
Headquarters: Menlo Park, California 
Typical account size: $75M
Total assets under management: $17.3B

Photo credit: LinkedIn

#8: Rod Westmoreland
Company: Merrill Lynch - Private Banking & Investment Group
Headquarters: Atlanta, Georgia 
Typical account size: $10-75M
Total assets under management: $3.8B

Photo credit: LinkedIn

#7: Mark Curtis
Company: Graystone Consulting
Headquarters: Palo Alto, California 
Typical account size: $10M
Total assets under management: $20B

Photo credit: LinkedIn

#6: Rob Clarfeld
Company: Clarfeld Financial Advisors
Headquarters: Tarrytown, New York 
Typical account size: $20M
Total assets under management: $5.5B

Photo credit: LinkedIn

#5: Patrick Dwyer
Company: Merrill Lynch - Private Banking & Investment Group
Headquarters: Miami, Florida 
Typical account size: $20M
Total assets under management: $2.7B

Photo credit: LinkedIn

#4: Andy Chase
Company:  Morgan Stanley Private Wealth Management
Headquarters: Menlo Park, California 
Typical account size: $25M
Total assets under management: $37B

Photo credit: LinkedIn

#3: Christopher Errico
Company: UBS Private Wealth Management
Headquarters: New York, New York 
Typical account size: $10M
Total assets under management: $3.1B

Photo credit: Getty

#2: Brian C. Pfeifler
Company: Morgan Stanley Private Wealth Management
Headquarters: New York, New York 
Typical account size: $50M
Total assets under management: $7.7B

Photo credit: Reuters

#1: Jeff Erdmann
Company: Merrill Lynch - Private Banking & Investment Group
Headquarters: Greenwich, Connecticut 
Typical account size: $36.7M
Total assets under management: $5.5B

Photo credit: LinkedIn

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

For the full list of 200, visit Forbes.

RELATED: Most eligible CEO bachelors

11 PHOTOS
Most eligible CEO bachelors
See Gallery
Most eligible CEO bachelors

Jack Dorsey (39), Co-founder and CEO of Twitter and Founder and CEO of Square

Photo: Reuters

David Karp (29), Founder and CEO of Tumblr

Photo: Getty

Alexis Ohanian (33), Co-founder of Reddit

Photo: Getty

John Hering (32) , Co-founder and CEO of Lookout

Photo: Getty

Brian Chesky (34), Co-founder and CEO of AirBnB

Photo: Getty

Bobby Murphy (26 ), Co-founder of Snapchat

Photo: Getty

Joe Gebbia (34), Co-founder of AirBnB

​Photo: Getty

Ben Rattray (35), Founder and CEO of Change.org

​Photo: Getty

Jeremy Stoppelman (38), Co-founder and CEO of Yelp

Photo: Getty

Matt Mullenweg (32), Founder of Automattic

Photo: Getty

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

More on AOL.com:
This will soon be America's biggest economic problem
8 business 'rules' you can straight-up ignore
9 sneaky home money pits that sap your savings

Read Full Story

People are Reading