Anthropic launches Claude for Financial Advisors, wiring Claude into Schwab, BlackRock and a dozen wealth platforms

Anthropic on September 14 launched Claude for Financial Advisors, a plugin that connects Claude to the custodians, asset managers and wealth-technology platforms advisory firms already use: Charles Schwab, BlackRock Advisor Center, Addepar, Envestnet, iCapital, Orion, SS&C Black Diamond, Wealthbox, Wealth.com, Vanguard and Zocks. That's on top of existing integrations with Microsoft 365, Salesforce, DocuSign, Box, FactSet, S&P Global and Morningstar. It ships with eight workflows: advisor onboarding, alternative-investments briefing, compliance and AI-policy review, estate and tax briefing, portfolio rebalance review, post-meeting notes and follow-up, pre-meeting prep, and prospect intake.

Advisors approve every action

Peter Nolan, Anthropic's head of asset and wealth management, told WealthManagement.com that Anthropic isn't trying to replace the tools already in an advisor's stack, only to drive more use of Claude within it. The product pulls from a firm's CRM, custodian data, portfolio reporting and meeting notes to prep a client review, then drafts follow-ups, CRM updates and compliance checks for the advisor to approve. Anthropic lists advisor approval on every action, audit trails and no training on client data among the built-in controls. Ritholtz Wealth Management CEO Josh Brown named the problem it targets: "spending hours every week laboring over CRM updates and task assignments."

The partners supply live connectors

BlackRock, Schwab, Zocks and eight other wealth platforms are supplying live connectors, so client and portfolio data that sat in separate systems shows up in one Claude conversation. Availability is through Anthropic's Enterprise plans starting today, and firms that request a license before the end of September get a one-time usage credit.

The product is sold on time saved in back-office work. The test is whether "advisors spend more time with clients" shows up in adoption and output numbers. If you pilot it, measure hours spent on CRM updates and meeting prep before and after.