At a glance
- Advisor-specific AI tools such as Hazel, Slant and Jump do not build their own large language models; they connect to OpenAI's or Anthropic's and add an advisor-friendly interface, pre-built prompts, data integrations and often deterministic calculators, InvestmentNews reported.
- The business tiers of Claude and ChatGPT that keep user data out of model training tend to charge flat monthly per-user fees plus the tokens actually consumed, InvestmentNews reported.
- Advisors comparing a flat-fee tool such as Hazel or Jump with a general-purpose business tier face two billing structures, per InvestmentNews: a per-seat software fee a firm can forecast, and a token-plus-seat bill that climbs with heavier agentic use.
Anthropic debuted Claude for Advisors, a tool built to work with the technology advisors already use rather than replace it, InvestmentNews reported.
Advisor-specific AI tools such as Hazel, Slant and Jump do not build their own large language models; they connect to OpenAI's or Anthropic's and add an advisor-friendly interface, pre-built prompts, data integrations and often deterministic calculators, InvestmentNews reported.
The business tiers of Claude and ChatGPT that keep user data out of model training tend to charge flat monthly per-user fees plus the tokens actually consumed, InvestmentNews reported. Complex reasoning and multilevel agentic work runs past the session or weekly token allotment those tiers include by default, and the additional tokens cost more. Advisor-specific software still tends to bill a single flat SaaS fee, even though the providers themselves pay the model owners by usage.
Advisors comparing a flat-fee tool such as Hazel or Jump with a general-purpose business tier face two billing structures, per InvestmentNews: a per-seat software fee a firm can forecast, and a token-plus-seat bill that climbs with heavier agentic use.
Reported by the RIA desk from InvestmentNews. Published . Corrections