Joining the exclusive club
Jared Rabinowitz, Q Wealth Executive and Founding Partner, told WP that three factors stood out when providing executive endorsement for Arca Financial’s Q Wealth membership bid: A shared passion for improving client outcomes, a philosophical alignment towards the benefits of a Partnership structure, and visionary succession planning led by John Lunz, the Principal and Founding Partner of Arca Financial.
“John had the vision to look a decade or more down the road, with Thomas and Madelyn Lunz starting to play major roles in the firm, John considered where the industry is going and what needs to be done today to set up their clients – and the next generation of Arca leaders – for long term success,” Rabinowitz says “It makes them our kind of people. They could comfortably have stayed at their big insurance company dealer, they didn’t make this move for a cheque, they did it for all the right reasons – that’s a common defining character trait of a Q Wealth Partner”.
Arca Financial distinguishes itself by prioritizing full financial planning over mere product offering. This approach, where the focus is on understanding clients’ journeys, future aspirations, and the best path forward before even considering investment portfolios, sets Arca apart. This method ensures that clients are not sold to, but are guided through their financial landscape to find solutions that best match their unique situations.
“Our decision to join Q Wealth was driven by our strong commitment to be part of building something special, while retaining the most important benefits of independence,” Lunz says. “We were determined to partner with an organization that would help us raise the bar for clients, while also valuing our autonomy, and supporting our growth.
“Our aim to enhance our clients’ experience and outcomes meant transitioning from a traditional IIROC platform to a more comprehensive portfolio management platform. This move enables us to provide our clients access to a broad range of investment solutions through Q Wealth. Additionally, joining a professional Partnership model ensures we have significant influence in the company’s future direction, by exercising our vote to help shape strategic decisions.”
