I've started looking into assets protection and came across a wide range of services. I can certainly spend a lot of time researching and DIY, or use an affordable online service, or I can sign up with knowledgeable advisors that cost thousands.
My question is how much net worth do you think one should have to justify getting the pricey advisor's service?
It is never really justified if they are a generalist, if they specialize in something like trust creation, company structuring etc. then it might be worth something.
How about Anderson Advisors, and the like? I like the expertise, and I think I could use the help. but I'm still a small player, just having couple long term rentals, feel like that kind of service is overkill for me.
@Sue Chen I think you are misunderstanding what they do, they provide specific services such as entity creation, bookkeeping, estate planning it doesn't appear that they just give you general advice. If you want to use them for one of the services they provide that does not seem like a waste of money, but this type of company is not what I thought you were talking about in the original post.