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Throwing a hard stop at self-directed investments like the $2MM in investable assets as stated above is completely arbitrary. Far too often people get swallowed into the idea that financial planing is black and white when in reality every individual has different requirements. I personally work in finance, albeit not in wealth management, but there are a plethora of benefits that come with a good (emphasis on this word) advisor if your circumstances allow you to use their offerings to your advantage.
If your portfolio consists of a few retirement and taxable brokerage accounts for long term growth, with the wealth of information out there today there is absolutely no need for a financial advisor.
Now, begin to mix in more complicated topics such as tax and estate planning, generational wealth, family support, real estate, alternative investments etc. and a good (again, emphasis on this word) financial advisor instantly becomes a lot more valuable. Yes, you can absolutely manage these things yourself, but sometimes at this level the fees are well worth the knowledge, support, and most importantly accessibility that these providers offer.
Every situation is different and there is certainly no hard number that makes you need to sign up for a financial advisor to reap greater benefit. I've personally seen clients with six figure AUM getting a greater benefit from their advisor than another client with seven figure AUM.
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