The agreement with Anthropic is an example of how AI use cases are a relentless theme for wealth management today.

Rockefeller Capital Management said this week that it is building an AI-enabled platform for wealth management with Anthropic’s AI Claude model, highlighting how artificial intelligence use cases continue to permeate the sector.

Anthropic is known for its Claude and other AI tools. RCM, meanwhile, has risen to manage $212 billion in client assets as of 30 April across its Rockfeller Global Family Office, Rockefeller Global Investment Management and Rockefeller Global Investment Banking businesses. Dating back to 1882 as the family office of oil tycoon John D Rockefeller, it was established in its modern form in 2018.

The spread of AI continues to be a dominant theme in global wealth management with use cases, ranging from risk management to “co-pilots.”

The initial phase of the project will focus on a defined set of use cases within Rockefeller’s wealth management platform, including areas such as client meeting intelligence, operational workflows, and internal support. The firms intend to expand this work as part of a broader, long-term collaboration, they said in a statement. 

“Rockefeller was built on the idea that trust and judgment sit at the centre of the client relationship. As technology evolves, our objective is not to replace that foundation, but to strengthen it,” Gregory Fleming, president and CEO of Rockefeller Capital Management, said. “This collaboration with Anthropic allows us to embed advanced AI into our workflows in a way that enhances our advisors’ insight and supports how they operate in serving clients, while preserving the human relationships that define our firm.”

Peter Nolan, head of asset and wealth management at Anthropic, added: “Our work with Rockefeller is focused on building AI systems that are purpose-built for that environment, tools that support advisors in understanding complexity, synthesising information, and delivering a more thoughtful, personalised experience at scale.”

For more examples of analysis on family offices' and wealth managers' use of AI, see here, here and here.