TaxStatus, Nitrogen plug into Claude and ChatGPT in advisor AI push

Two advisor software providers are expanding their reach into wealth firms' tech stacks, pushing their data and tools further into the AI assistants financial advisors already use.

TaxStatus, a Dallas-based provider of client-authorized IRS data, released a connector that compatible assistants, including Claude, ChatGPT and Microsoft Copilot where supported connections are enabled, answer questions about one client or an entire book. 

Meanwhile Auburn, California-based planning software maker Nitrogen made its tools available inside Claude and ChatGPT.

The moves track with Schwab Advisor Services’ 2026 Independent Advisor Outlook Study, which found integrating AI tools into the firm’s workflow was the most common investment RIAs planned to support growth over the next three years.

In the next three years, advisors in the study expect to use AI for research and analysis (81%) and document drafting (79%). Two-thirds (67%) said its biggest payoff will be less time on administrative work.

Asked how they would update their technology, 40% pointed to further integration of AI tools and 34% to tighter connections among the systems they already run. Only 7% said they use agentic AI, which the survey defined as AI that can make decisions and take actions on its own within workflows.

Read more: What a former RIA founder wants advisors to know about AI

TaxStatus' new Client Connector, built on the open Model Context Protocol, lets compatible assistants – including Claude, ChatGPT and Microsoft Copilot – answer questions about one client or an entire book. TaxStatus says every request is logged with its purpose, firms decide which tools receive the data, and access requires each client’s authorization.

That startup also unveiled another update to replace the questionnaires, aggregator logins and scanned PDFs advisors use to piece together a household’s finances. The startup's new Discovery product runs more than 160 automated checks – which fall into 11 categories, including growth, retention, tax, retirement, estate and insurance – across a firm’s authorized clients.

The data combines what clients report on their returns with what employers, custodians, banks and brokerages file with the IRS about them. Those filings identify accounts by institution, so a firm can estimate how much of each household’s wealth it manages and where the rest sits.

TaxStatus says most firms using it find more than 2.5 times the assets and accounts they currently oversee. The checks can also flag digital-asset sales reported on Form 1099-DA that never made it onto a return.

“Clients should not have to know what to tell their advisor to get better advice,” said TaxStatus CEO Kevin Knull.

Read more: TaxStatus introduces AI-generated planning recommendations with Advice.ai integration

Separately, Nitrogen announced a slate of updates allowing advisor users to reach the company’s tools through Claude, ChatGPT and Microsoft Copilot. They can also use its Nucleus agent in Slack and Microsoft Teams, with permission controls and no extra charge for current Nucleus users.

Building on its previous rollout of AI-powered tax planning for advisors, Nitrogen's latest update adds a Tax Multiview capability, which compares tax scenarios side by side, and a bracket-filling feature in its Roth conversion calculator.

The firm also unveiled new integrations with Contio, which connects AI-enabled meeting intelligence with Nitrogen's client data and workflows, and Zocks, which gives the Nucleus agent the ability to work with AI-powered meeting summaries, actions, and client signals using a bi-directional data link.

“AI should make it easier for advisors to get work done, wherever they choose to work,” said Justin Boatman, Nitrogen’s chief marketing officer and head of product strategy.