Altruist, the wealth technology and custody platform for independent advisors, announced that Arca, an AI-native wealth management company, has selected Altruist as its preferred custodian and technology partner. Despite just emerging from stealth in June 2026 with $64 million in funding, Arca already manages more than $1 billion in client assets and continues to redefine wealth management at scale.
Arca pairs expert advisors with purpose-built AI to deliver more personalized advice that aims to improve client outcomes. By automating the operational complexity behind wealth management, Arca empowers advisors to focus on what matters most – providing proactive and personalized guidance, fostering deeper relationships, and delivering a higher standard of service to their clients.
As part of the partnership, Arca has embedded Altruist’s Realtime Custodial API directly into its proprietary AI native platform, with Altruist serving as its preferred custody partner. The integration enables Arca’s dedicated wealth management AI agents to streamline core client and operational workflows, so advisors can spend less time on manual administration and more time delivering proactive, personalized advice.
“Arca represents a new category of wealth management firms, operating with the discipline and velocity of a frontier AI company, and scaling through acquisition and proprietary software rather than solely traditional growth,” said Jason Wenk, founder and CEO of Altruist, who is also an investor and board member of Arca. “Rron is a true visionary, and we’re excited to serve as part of the operational infrastructure to make his vision come to life.”
“The future of wealth management isn’t about replacing advisors – it’s about removing the operational complexity that prevents them from delivering truly personalized advice at scale,” said Rron Rexha, founder and CEO of Arca. “Our deep integration with Altruist helps eliminate operational friction, giving advisors more time to focus on their clients – staying ahead of their needs and delivering the proactive, personalized advice they deserve to ultimately enable improved financial outcomes. As we continue building the next generation of wealth management, we’re thrilled to partner with Altruist because they’re building for the future, not adapting the past.”
Arca is the first firm in a growing cohort of tech-forward advisory firms building on Altruist’s real-time API, with more to come later this year.
About Arca
Arca is a pioneering, AI-native wealth management company redefining how advice is delivered by pairing expert advisors with purpose-built AI to offer proactive planning, personalized intelligence, and an outstanding client experience, with human relationships at the center. The brainchild of an immigrant from Kosovo and fintech product leader at Plaid, Arca was built surrounded by industry titans in wealth management. Its board members and advisors include Bill McNabb of Vanguard, Jason Wenk at Altruist, Morgan Housel, the bestselling author of The Psychology of Money, Peter Crawford of Charles Schwab, Alex Tran and Nat Levy-Westhead at General Catalyst, and Nick Beim at Venrock. Learn more at arcawealth.com.
About Altruist
Altruist is the tech-forward wealth platform for independent advisors, offering a fully integrated digital experience that makes managing investments and serving clients simpler and more affordable. Altruist combines a self-clearing brokerage firm with intuitive software for account opening, trading, portfolio management, billing, and reporting. With Altruist, financial advisors can create custom portfolios, trade fractional shares, automate rebalancing, and provide clients with a streamlined digital experience. Learn more at altruist.com.
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