I'm not trying to pick a fight or make fun of anyone - sincerely - but....
Very, very, very, VERY few golfers are going to drop $500 on club fitting. It's just not even a reasonable suggestion IMO. But my opinion plus $5 gets you a coffee at Starbucks so...
I agree - if you are a novice or don't have cash to burn - get the fitting that comes with the set of clubs you are buying from a golf galaxy/pga superstore. They will check you lie and length and that will be good enough to start.
If you are really new just buy a cheap set in a box or off the rack
ETA: And I am someone that has done a custom fitting.
I agree with both of you. Just last week I took my wife to get a new driver and we just went to Vans and it was fine. The "fitter" was some 20 year old kid and he basically looked to me for the analysis. For my wife, she found a driver that both felt good and her stats with it were perfectly fine compared to the rest. So, nothing fancy, and it was only like $300, even with it being cut down, and she'll have the thing for like 5 years because she plays maybe 10 times per year and will occasionally go to the range.
For me, though, I probably get in ~75 rounds this year and that number should go up because this past summer we moved onto the first hole of my course (so I'll have a lot more evening 9 hole rounds). I also play in cash games and tournaments throughout the year where there's probably a total pot available to me at least >$10k or whatever. So, with that in mind, $500 to improve my score by even just a stroke per round? $500 is a bargain.
The above notwithstanding, if I could just give four takeaways here:
1. Thinking about buying a particular brand is a huge mistake. Don't think "my buddy is good and he plays Ping so I'll buy Ping!" If you only play a handful of times per year, go to a second hand swing store and hit a bunch and see what feels and flies the best for you.
2. All high-ends brands are good. In a vacuum, none are objectively significantly better than another.
3. The correct shaft for your swing is more important than anything else (except, you know, lessons and regular practice).
4. If you truly want to know what golf club (clubhead + shaft + grip) is best for you, the only way to do so if via professional fitting. There are cheaper but far lesser alternatives, and those are fine if, again, you don't play much, but just understand that you really didn't get "fitted" and will have no clue whether Ping or TM is better for you than some other brand.