Ray Blacha (June 17, 1948 – July 28, 2006)


(June 17, 1948 – July 28, 2006)

Ray Blacha founded RBA Financial Group. He established RBA Insurance Services of Canada (RBA Financial Services) in 1980 in Toronto, and built a very successful independent insurance agency in the city. Ray and his wife, Gay, moved their family to Meaford in 1985 and in 1989 decided to move the business location to Meaford as well.

Ray began his financial services career working as an agent at London Life in Toronto and was the first independent agent to sell a Royal Bank GIC. RBA was the second institution in Canada to receive a distribution contract with ING Bank, and today is one of the largest distribution outlets for ING. RBA provides clients with products that fit their financial situations. Ray’s compassion for client-focused financial planning continues as the overriding principle at RBA Financial Group.

Ray will be remembered for his strong business mind and the unwavering tenacity which led him to lead large projects such as Wealth Map, a mutual fund dealership and LifeServ, an insurance software system. Ray was responsible for getting WealthServ (an agency management software system now handled by Toronto based EDS Solcorp) into the hands of insurers, managing general agents and advisors who use it for compliance and administrative needs, and information sharing.

He served as director for the Federation of Independent Deposit Brokers of Canada (FCIDB), and was an MGA on several insurance companies’ product-development advisory committees. He was involved in his community through the Meaford Hospital Foundation and the Rotary Club. Ray’s enthusiasm and passion for life was evident in all his undertakings, especially through his love for his family -- his soul-mate, Gay, and their children, Katie, Richard and Jessica.

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