Arca's agents informed a prospective client that the client was being overcharged and that the existing advisor was not a fiduciary.

“Um, they've also analyzed a statement of, like, who this current advisor is, uh, right, and how much they're, they're charging them. And, um, they discover that, that there is, there are fees that this person was charging them that they weren't aware of, uh, and surfaces it, it to them, um, and kind of like makes them not only aware of, um, of the fact that they're being overcharged, but also aware that that person wasn't even fiduciary.”

“Um, so they're not fu-- uh, obligated to act in their interests.”