This morning, I am thrilled to announce that Arca has officially emerged from stealth with $64 million in funding across our seed and Series A from @generalcatalyst , @IndexVentures , and @Venrock .
I started Arca because of a simple contradiction: the best wealth management is deeply personal, yet the industry becomes less personal as it scales.
We know great financial advisors don't just manage portfolios – they help clients navigate life's biggest, most emotional decisions. But most advisors are buried in administrative work, fragmented systems, and inefficient manual workflows, preventing them from doing their best work for their clients.
We believe more people deserve personalized, proactive and efficient wealth management. And advisors deserve to focus on what they do best: delivering great financial advice to their clients.
That's why Arca was born.
Arca is an AI-native wealth management company that is redefining how financial advice is delivered by pairing great financial advisors with a fully integrated, agentic platform. We’re building agents from scratch across every part of the business, creating an evolving and compounding system that learns from and operates itself, and pushing the boundaries of what’s possible in one of the largest industries in the world.
We're empowering advisors to do what only humans can do: cultivate trust and relationships, understand the full complexity of someone’s financial life, and make every client feel deeply seen and heard.
Thank you to our fantastic team for joining this journey; we would not be here without your efforts. We're building one of the most talent dense teams in NYC, and we're hiring across the board.
To our investors and board/advisors, I'm grateful for your belief and support in Arca and our vision of working tirelessly to enable better financial outcomes for people.
Learn more about Arca’s story in our WSJ exclusive: https://t.co/aPlYMzTwG5
AI will transform financial advice, and the best use is giving advisors tools that handle analytical work so they can focus on real relationships with clients.
@rronrex is awesome and it's been fun watching him build Arca.
"Arca has amassed a who’s who of advisers and board members that include former Vanguard Group CEO Bill McNabb; behavioral finance expert and bestselling author Morgan Housel; Jason Wenk, founder and chief executive of fintech Altruist; and former Charles Schwab Chief Financial Officer Peter Crawford."
https://t.co/r4j7Uj4hoC
@CaminaDr@PeterSchiff@SchiffGold ur argument is the same as the anti-crypto argument. u fail to acknowledge that there could be better ways of doing things. like gold shills saying crypto cant replace gold. notice how i said PoS or another method. bitcoin isnt in its final form yet,stop acting like its perfect
@CaminaDr@PeterSchiff@SchiffGold !remindme when lightning actually goes into effect. I’m not disputing that crypto will be the future...I believe it is. I am just cautious to claim bitcoin will be THE crypto. It’s slow to adapt and its dev team is minimal.
@CaminaDr@PeterSchiff@SchiffGold Average transaction fees to have your transaction confirmed are $3-$6. If you’re buying a $2k computer then thats awesome...but a $5 cup of coffee? 60-120% transaction fee?? That’s unworkable.
@NickShechtman@PeterSchiff@JeffSnider_AIP@SantiagoAuFund@LynAldenContact Except the fed does have tools to prevent this. We’ve already seen them open swap lines to fill the gap. Like you said, the fed just keeps printing money to refill the leaking bucket. Eventually people will realize they shouldn’t be holding/loaning dollars and flee to save havens
@WSJ “recovery plan” AKA climb higher up the currency crisis cliff. We’re all about to wish we could go back to 2008. #EndTheFed & all other central banks
@PeterSchiff Peter what do you think will break the camels back? If the Fed will just keep printing money to keep Wall Street happy then what will force them to stop? Runaway inflation in consumer products or massive loan defaults, etc?