BlackRock IncClaude for Financial Advisors connects to BlackRock's investment data analytics and wealth management software, expanding BlackRock's platform reach to advisors.

Anthropic launched "Claude for Financial Advisors," a suite of tools for financial advisors, on Monday, September 14, connecting the Claude chatbot to the investment data analytics and wealth management software of leading firms including BlackRock, Charles Schwab, and Addepar. The toolset helps advisors prepare information ahead of client meetings, review investment portfolios, and follow up on tasks after meetings. It also connects to the data and software of Envestnet, iCapital, Orion, Wealthbox, Wealth.com, and SS&C. The launch comes just days after OpenAI introduced a version of ChatGPT for the financial sector aimed at investment bankers and securities analysts, with tools for financial research, building financial models, and preparing client presentations. This expansion into the financial services sector builds on tools Anthropic has developed from its Claude AI model to support investment research, portfolio analysis, financial modeling, and client documentation. Meanwhile, the speed and cost of AI development are drawing increasing scrutiny, with industry leaders beginning to question whether companies can continue to bear costs at this level and how quickly the technology should advance, amid concerns about misuse of AI.
BlackRock IncClaude for Financial Advisors connects to BlackRock's investment data analytics and wealth management software, expanding BlackRock's platform reach to advisors.
Anthropic's new advisor toolset connects to Orion's software, giving the wealth-management platform added integration exposure to advisors.
Claude for Financial Advisors connects to Wealth.com's data and software, expanding the platform's integration reach and potential advisor adoption.
Addepar's investment data analytics software is connected to Claude for Financial Advisors, broadening its advisor distribution.
Envestnet's data and software are connected to Claude for Financial Advisors, extending its reach into advisor workflows.
iCapital's data and software are integrated into Anthropic's new advisor toolset, giving it distribution to Claude's advisor users.
Wealthbox is among the platforms integrated with Claude for Financial Advisors, gaining access to Anthropic's advisor user base.