LPL Financial has expanded what it said was an ongoing relationship with artificial intelligence firm Anthropic, the creator of Claude, to work on AI integrations for its more than 30,000 financial advisors.<\/p>\n
LPL announced the expanded relationship on the same day Anthropic leadership reported it had expanded Claude AI \u201cplug-ins\u201d for wealth managers, investment bankers, equity research and private equity firms.\u00a0<\/p>\n
\u201cThese plugins give RIAs, broker\/dealers, custodian, TAMPs and other platforms a foundation to build their own private plugins customized to their advisors, powered by their data, controlled by their compliance teams,\u201d Peter Nolan, head of asset and wealth management at Anthropic, wrote in a LinkedIn post<\/a>. \u201cThey own what they build. We\u2019re providing the building blocks, while the experts build on top.\u201d\u00a0<\/p>\n Nolan and other Anthropic executives pointed to the expanded work with LPL as an early example of the effort. LPL issued its own statement, noting that it has been \u201cintentionally building advisor-centric AI for years,\u201d and that the expanded Anthropic work gives it a partner to \u201cdeliver on our roadmap of industry-leading capabilities for financial advisors and institutions.\u201d<\/p>\n