AI-Native Wealth Manager Arca Raises $64M

Published on June 25, 2026

Former Plaid executive Rron Rexha's startup has over $1 billion in client assets and plans to expand its advisor network while developing AI tools to handle administrative tasks.

Continue reading on website
Other news

Warsh’s Pivot Risks Confusing the Market and the Fed

June 25, 2026
Federal Reserve Chair Kevin Warsh is changing how the central bank conducts monetary policy. A fresh look is appropriate, especially given the Fed’s failure to achieve its 2% inflation objective for more than five years. But this needs to be done with greater care than Warsh has shown to date.

Altruist Opens Waitlist for Hazel’s AI Agent for Financial Planning

June 25, 2026
Altruist is giving early access to some advisors who want to try Hazel’s financial planning AI agent; the company is targeting August for a general launch of the feature.