Product Manager - Foundation Engineering

Portfolio reviews, client meeting prep: Anthropic launches Claude tool for financial advisers. Rival OpenAI already has a version of ChatGPT that targets investment bankers and equity researchers Published Tue, Sep 15, 2026 · 01:32 PM * Anthropic's new offering connects Claude with data and software from firms including Envestnet, iCapital, Orion, Wealthbox, Wealth.com and Zocks. PHOTO: REUTERS ARTIFICIAL intelligence lab Anthropic on Monday (Sep 14) launched a set of tools for financial advisers, connecting its Claude chatbot to investment analytics and wealth-management software from firms including BlackRock, Charles Schwab and Addepar. The product, called Claude for Financial Advisors, is designed to help financial services firms prepare for client meetings, review portfolios and handle follow-up work. The launch comes after rival OpenAI on Sep 10 introduced a version of ChatGPT for the industry, targeting investment bankers and equity researchers with tools for financial research, modelling and client materials. It also builds on Anthropic's broader push into financial services, where it has developed tools based on its AI model Claude for tasks including investment research, portfolio analysis, financial modelling and preparing client materials. Anthropic's new offering connects Claude with data and software from firms including Envestnet, iCapital, Orion, Wealthbox, Wealth.com and Zocks. The announcement comes as the pace and cost of AI development faces growing scrutiny, with industry leaders increasingly questioning whether spending can be sustained and how quickly the technology should advance amid mounting fears of misuse. REUTERS Share with us your feedback on BT's products and services

Envestnet makes $35M 'surge' investment in Tamarac. September 4, 2026 - FA Staff Fintech firm Envestnet said today that it was making a $35 million "surge" investment in Tamarac, the wealth management platform for RIAs, more than doubling its previous investment in the technology. Envestment said the investment is meant to put AI more directly into advisor workflows. The firm said the investment is part of its five-year plan to devote $1 billion to research and development. In addition to Tamarac, Envestnet operates the largest advisor platform for separately managed accounts (SMAs) and MoneyGuide Pro, one of the largest financial planning programs. All in all, it has more than 100,000 advisors using its various platforms and programs, providing it with a wealth of data to build AI appilcations that few other fintech companies possess. The investment in Tamarac is necessary partly because Envestnet's leading competitors in the portfolio management space - SS&C Black Diamond, Orion and Addepar - are also in the midst of major AI-driven upgrades. Envestnet said that the time advisors are spending moving back and forth between systems and reconciling data (and making sure its accurate) is costing them time and money and that the problem is being exacerbated by the great wealth transfer set to occur. "According to Cerulli, an estimated $124 trillion in wealth is projected to change hands by 2048, landing on systems built for a different generation's accounts," Envestnet said in a press release. "And within existing books, complexity is compounding: more held-away assets, more alternatives, more tax nuance. Most advisory technology was built for one point on that spectrum. Ask it to stretch, and it can either break or demand heroic manual effort. "Envestnet's Adaptive WealthTech platform serves an advisor's business, who are serving more households, supporting more sophisticated client relationships, managing more held-away assets, incorporating more alternative investments, and navigating more tax, planning, and tackling more extensive reporting needs." As part of the effort to update Tamarac, Envestnet said it is introducing "Report Studio," a drag-and-drop reporting tool that helps advisors maintain more control over client reporting. "Report Studio replaces a legacy experience in which holdings and performance data often lived in separate reports, configurations varied by report type, and setup could require navigating dense settings menus without visual feedback. In its place, Report Studio gives advisors drag-and-drop control over tables, charts, and KPI modules on the page, built on a more unified reporting foundation. No exports. No manual rebuilds. No last-minute scramble before a client meeting," Envestnet said.

The €1.1 million pot of gold at the end of A Double Rainbow. Appraisal Bureau News - Ed. 36 By Appraisal Bureau Editorial Eva Rothschild, A Double Rainbow, 2022. Installed at The Central Bank of Ireland. What initially appeared to be a dramatic decline in the value of the Central Bank of Ireland's art collection turned out to be an administrative oversight in its inventory reporting. First reported by the Irish Independent, artworks held at the central bank's Dockland Campus and Sandyford locations were excluded from the collection's 2024 appraisal, resulting in a €1,076,600 undervaluation. A spokesperson told Appraisal Bureau that the 2021 net realizable value was €2,056,880 versus €926,770 in 2024. The more recent valuation has been corrected to reflect a value of €2,003,370. The spokesperson added that this was "due to an administrative error," and that "a correction will be placed in next year's accounts." Overlooked works included Eva Rothschild's monumental public sculpture A Double Rainbow (2022), which was purchased for €320,000 in 2019. The sculpture was valued at €500,000 in a December 2021 appraisal conducted as the artwork was being produced. Due to delays related to the Covid-19 pandemic, Rothschild's sculpture reportedly cost the central bank more than €616,000 once it was installed in 2022 after accounting for storage and professional fees. While the incomplete report caused an accounting review and embarrassing headlines for the central bank, for private collectors the impact of such an error could be profoundly wide-reaching. Insurance claims, lending decisions, and tax reporting can be impacted by incomplete valuations. For family offices and wealth managers, inaccurate collection management may also present an incomplete picture of a collection's total net worth. The most recent UBS and Art Basel Survey of Art Collecting from 2025 reported that wealthy individuals dedicate approximately 20 percent of their net worth to fine art, an increase from 15 percent in 2024. Given fine art's growing importance to an individual's broader wealth portfolio, new tools are emerging to ensure regular, comprehensive assessments of a collector's holdings. This month, Appraisal Bureau announced a new integration with Addepar, a portfolio management platform used by the world's leading wealth advisors, including UBS. In the industry-leading partnership, substantiated object valuations from Appraisal Bureau flow directly into the Addepar environment, allowing art to be tracked alongside equities, private investments, real estate, and other major asset classes. Art valuations are part of a holistic approach to planning wealth, which makes visibility into portfolio reviews, risk assessments, and succession plans more important across categories. For advisors, this means that art is no longer able to sit in a separate reporting silo. For collectors, partnerships between the art and finance sectors generate added confidence that their most personal art assets are managed with the same rigor as other investments. For all, integrations that create reporting visibility and transparency mean that unsettling valuation errors will soon prove to be a thing of the past. About Appraisal Bureau Appraisal Bureau is the art market's valuation and reporting infrastructure - unifying appraisals, collection management, and compliance for collectors, institutions, advisors, and stakeholders.