Claude for Financial Advisors: Review Letters + Free Plugin

Annual review, Household A, married, both 38. 60 min, video.
Daughter born in May: update beneficiaries on both 401(k)s and the IRA. Review term life coverage.
529: they want to raise the monthly contribution; amount TBD after they review their budget.
Rental property: asked about refinancing. I'll compare once they have a lender quote.
Decided: beneficiary updates yes; life insurance quotes requested; 529 change deferred.
Next meeting in March.

CLIENT MEETING NOTES
Meeting Type: Annual review | Duration: 60 min | Location: Virtual

KEY DECISIONS
- Update beneficiary designations on both 401(k) plans and the IRA (new child)
- Request term life insurance quotes to review current coverage
- 529 contribution change deferred until clients review their budget

ACTION ITEMS
| # | Action item                                         | Owner   | Deadline   |
| 1 | Send beneficiary change forms for 2 x 401(k), IRA   | Advisor | [set date] |
| 2 | Return signed beneficiary forms                     | Client  | [set date] |
| 3 | Obtain term life quotes                              | Advisor | [set date] |
| 4 | Share lender refinance quote for comparison         | Client  | [set date] |

FOLLOW-UP EMAIL
Subject: Follow-up: your annual review and next steps
Congratulations again on your daughter's arrival. Here's what we covered and what
happens next...

You are my financial advisory practice documentation assistant. Here is my context:

<practice-profile>
- Role: Financial Advisor / CFP / RIA at [Firm name / independent practice]
- Registrations: [RIA, Series 65, Series 7, insurance licenses]
- Practice focus: [Comprehensive planning / Investment management / Retirement planning / Estate planning]
- Custodian: [Schwab, Fidelity, Pershing, etc.]
- Planning software: [eMoney, MoneyGuidePro, RightCapital, etc.]
- Typical client profile: [Mass affluent / HNW / Pre-retirees / Business owners]
- Communication style: [Warm and educational / Direct and data-driven / Conversational]
</practice-profile>

<rules>
- All client-facing documents should be written in plain language — no jargon without explanation
- Quarterly review letters should be warm, transparent, and build confidence
- Meeting notes should be structured for both client reference and compliance documentation
- Recommendation memos must document rationale, alternatives considered, and risk factors
- Never generate content for a specific identifiable client — all scenarios must use de-identified data
- Include appropriate regulatory disclaimers where relevant
- Remind me to verify all figures and calculations against actual client records
</rules>

<task>Draft a financial plan summary for a de-identified client.</task>

<client-profile>
- Client: Married couple, both age 52, dual income ($185K combined)
- Primary goals: Retire at 62, fund youngest child's college (starts in 3 years), build estate for two children
- Current assets: $850K retirement accounts (401k + IRA), $200K taxable brokerage, $350K home equity
- Savings rate: 15% of gross income
- Risk tolerance: Moderate — comfortable with market fluctuations but priority is retirement security
- Debt: Mortgage $280K remaining at 4.5%, no other debt
- Insurance: Term life ($500K each), no long-term care coverage
</client-profile>

<instructions>
- Write a 2-3 paragraph executive summary in plain language
- Break down each goal with timeline, current progress, and recommended approach
- Include a recommended investment strategy aligned with their risk tolerance
- List 5-6 specific next steps with timeframes
- Tone: Warm, confident, and empowering — like a trusted advisor explaining a clear path forward
- Avoid financial jargon without explanation
</instructions>

<task>Draft a quarterly portfolio review letter for a de-identified client.</task>

<review-data>
- Client: Retired couple, age 68 and 65
- Review period: Q4 2025
- Portfolio value: $1.35M (up from $1.28M)
- Portfolio return: +4.2% for the quarter, +12.8% YTD
- Benchmark (60/40): +3.1% for the quarter
- Asset allocation: 55% equities, 30% fixed income, 10% alternatives, 5% cash
- Key contributors: US large cap (+6.2%), international equities (+3.8%)
- Key detractors: Long-duration bonds (-0.5%)
- Changes made: Reduced long-duration bond exposure, added TIPS allocation for inflation protection
- Distributions: $12,500/quarter systematic withdrawal (3.7% annual rate)
</review-data>

<instructions>
- Open with a warm, personalized greeting referencing the quarter
- Explain performance in plain language with key numbers
- Put performance in context against benchmarks
- Explain allocation changes with clear rationale
- Address the sustainability of their withdrawal rate
- Close with a forward-looking statement and meeting invitation
- Length: 400-500 words
- Tone: Confident, transparent, and reassuring
</instructions>

<avoid>
- Defensive language about any underperformance
- Overly technical investment terminology
- Predictions about specific market outcomes
- Language that could be construed as guaranteeing future performance
</avoid>

<task>Generate a complete meeting documentation package from my rough notes.</task>

<meeting-details>
- Meeting type: Annual review
- Client: Married couple, both age 55
- Attendees: Both clients, advisor
- Date: February 2026
- Duration: 60 minutes
</meeting-details>

<rough-notes>
Reviewed portfolio performance — up 11% YTD, beating benchmark. Both happy with results. Discussed accelerating retirement timeline — he wants to retire at 60 instead of 65. She's open to it but worried about healthcare before Medicare. Ran Monte Carlo — 78% success rate at 60 with current savings, 92% if they max out catch-up contributions for next 5 years. Agreed to increase 401k contributions to max including catch-up starting next pay period. Discussed Roth conversion ladder strategy — makes sense to start converting in years between retirement and Social Security. Talked about long-term care insurance — both interested, will get quotes. 529 plan for grandchild — want to start one, $5K to open. She asked about estate plan — haven't updated wills since kids were minors. Referred them to estate attorney. Next meeting in 6 months unless they want to discuss Roth strategy sooner.
</rough-notes>

<instructions>
Generate three components:
1. Structured meeting notes suitable for the compliance file — organized by topic with key data points and decisions
2. Action items split into "Client Action Items" and "Advisor Action Items" with deadlines
3. A professional follow-up email to the clients summarizing decisions and next steps
</instructions>

<task>Draft a recommendation memo for a de-identified client scenario.</task>

<recommendation>
Topic: Roth IRA conversion strategy during pre-Social Security gap years
</recommendation>

<client-situation>
- Client: Recently retired at age 60, spouse still working part-time ($35K/year)
- Traditional IRA: $650K
- Roth IRA: $85K
- Social Security projected: $2,800/month at 67 (client), $1,900/month at 67 (spouse)
- Current annual spending: $95K
- Tax filing status: Married filing jointly
- Current marginal rate: 22% (income gap between retirement and SS/RMDs)
- Projected future rate: 32% once Social Security and RMDs push them into a higher bracket
</client-situation>

<instructions>
- Write a formal recommendation memo with: Executive Summary, Background, Analysis, Alternatives Considered, Implementation Plan, and Suitability Statement
- Include a bullet-point rationale summary (5-7 points)
- Write a balanced risk disclosure section
- Create a plain-language client summary (1 page)
- Show the math on tax savings clearly
- Document why this recommendation is suitable for this specific client
</instructions>

<task>Write a brief market commentary email I can send to my client base after a volatile week.</task>

<context>
- S&P 500 dropped 4% this week on inflation concerns
- Fed signaled rates may stay higher for longer
- Bond yields rose sharply
- My clients are mostly moderate-risk, pre-retiree and retiree investors
- Several clients have emailed or called with concerns
</context>

<instructions>
- Subject line: Calm, informative (under 50 characters)
- Opening: Acknowledge the market movement directly — don't pretend it didn't happen
- Context: Explain what happened and why in 2-3 sentences a non-investor can understand
- Perspective: Put this in historical context — how often do weeks like this happen?
- Reassurance: Explain how their portfolios are positioned for exactly this kind of volatility
- Action: What we are doing (or not doing) and why
- Invitation: Open door for a conversation if they want to talk
- Length: Under 350 words
- Tone: Calm, confident, transparent — the voice of a steady hand
</instructions>

<avoid>
- Minimizing their concerns ("Don't worry about it")
- Predicting what happens next
- Technical jargon (basis points, duration, etc.)
- Anything that sounds like a form letter
</avoid>