My approach is that overall system synergy between all of the parts from the breaker box to the wires to the collection of equipment to the room construction to the seating position is more critical than the particular parts. I have heard systems >>$100K that left me cold and systems that cost 1/10 that much that had me in seventh heaven. Its a matter of how all the parts work together in your room with your ears.
Starting with the speakers is a common place because that is where the sound comes out, and speakers may editorialize the sound more and interact more with your room than other pieces. Next to the speakers, the source, turntable or DAC, add the most “flavor”. But having a great speaker with a noisy or weak amp, or a stridant DAC will only paint you a terrific picture of upstream weaknesses. Balance, balance, balance.
I provided a couple DAC brands and a budget target for you to consider, above. More than that would require some thought.