J.P. Morgan's 55ip brings tax-cutting tools to Claude for Financial Advisors

J.P. Morgan Asset Management's 55ip unit has integrated its Tax Smart tools into Anthropic's Claude for Financial Advisors, letting advisors rebalance portfolios and pick tax-efficient trades inside the chat. Conquest announced its own Claude for Financial Advisors tool the same day. Pricing and deal terms were not disclosed.

• Claude routes requests to 55ip's system, which holds account data and does the tax math
• Conquest announced its own Claude for Financial Advisors tool the same day
• The launch came a day after Anthropic filed to go public
• Pricing and the number of participating advisory firms were not disclosed