Sep. 14 at 8:11 PM
Anthropic launched a suite of tools for financial advisors on Monday, connecting its Claude chatbot with investment analysis and wealth-management software from companies including BlackRock, Charles Schwab and Addepar.
Called Claude for Financial Advisors, the platform is designed to help financial-services firms prepare for client meetings, conduct portfolio reviews and handle follow-up tasks. It connects Claude with data and software from Envestnet, iCapital, Orion, Wealthbox, Wealth. com and Zocks.
The launch follows OpenAI’s recent introduction of a financial-services version of ChatGPT aimed at investment bankers and equity researchers, highlighting intensifying competition between the AI companies in financial services. Anthropic has increasingly expanded Claude into investment research, portfolio analysis, financial modeling and client-material preparation as scrutiny grows over AI development costs, spending and potential misuse.
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