&gt; Investment advice is one of comparatively few fields where the quality of it available at $50 million in net worth is indistinguishable from $50k [+], but the price is 1000x higher.<p>Completely false.  With $50 million you have access to all sorts of investment vehicles that you don&#x27;t have access to with $50K.  Hedge funds for example.  Also, with $50 million you have more worries - the bank won&#x27;t insure $50 million cash, so you <i>need</i> to be invested in something, with the aim of wealth preservation while paying as few taxes as possible.