Morningstar Advisor Workstation

(15)
4.0 out of 5 stars

Built for productivity, Morningstar® Advisor Workstationsupports advisors with the latest Morningstar investment data, tools, and reports to serve existing clients and generate new business. Seamless integration with popular advisor systems automatically brings in current client and account data for the clearest view of your book of business.

Work for Morningstar Advisor Workstation?
Oracleepmcloud logo  other finance admin  2x

Learning about Morningstar?

We can help you find the solution that fits you best.

Find the Right Product

Morningstar Advisor Workstation Reviews

Write a Review
Filter Reviews
Filter Reviews
  • Ratings
  • Company Size
  • User Role
  • User Industry
Ratings
Company Size
User Role
User Industry
Showing 15 Morningstar reviews
LinkedIn Connections
Morningstar review by <span>Sabah A.</span>
Sabah A.
Validated Reviewer
Verified Current User
Invitation from G2 Crowd
Reviewed On

MorningStar - Review from a Sales Assistant

What do you like best?

Options for running various reports. Customer service , representatives are well trained and you connect directly to the support team. Dealing with software companies and not having to go through robots is a HUGE advantage.

What do you dislike?

Groups already created , does not automatically update with changes to default settings

search capabilities for unknown securities / proxies

Annuity limitations

Coverpage design

update print, to read reports easier ( or add color)

provide a better table of contents

report software , is dated and can be updated to be more user friendly. but after a few month of trial and error you are able to learn the do/ donts, what to be careful of . and training others I am able to explain the glitches and shortcomings. but once you master it is fine

What business problems are you solving with the product? What benefits have you realized?

Morningstar has an abundance of information right in one place that you can use to research funds and stocks, that I am able to prove to FAs. Im new to the business and using Morningstar helps me self learn and research stock market ; equity, mutual fund, and ETF research, IRA, 401(k) and 529 plan research.

Sign in to G2 Crowd to see what your connections have to say about Morningstar Advisor Workstation
Headshots
Morningstar review by User in Financial Services
User in Financial Services
Validated Reviewer
Verified Current User
Invitation from G2 Crowd
Reviewed On

Morningstar Advisor Workstation

What do you like best?

This platform can be as complex or simple as you want. From simply researching individual stocks and funds for ratings and performance to creating complex research lists, the functionality of this program compliments a broad array of experience. The ability to create your own filters to narrow down investments that fit your requirements is extremely helpful in a world of numerous options.

What do you dislike?

The ability for the program to show point-in-time returns is limited if not non-existent. Adding the capability to break down returns for an input date range would be very beneficial. The program also lacks the ability to track the returns of a given portfolio if you want to change it throughout the year. For example, if you update the allocations for a portfolio, it then shows you historical returns for the new allocations disregarding any previous allocations the portfolio had. If you could tell the program to keep one set of allocations for the first quarter and start tracking new allocations for the second on a go-forward basis this would be more representative of what happens in real life portfolios.

Recommendations to others considering the product

Don't be afraid to contact their customer service representatives. Every time I have had an issue or suggestion, they have been very quick to fix the problem or add me to an alert list when the situation has been resolved.

What business problems are you solving with the product? What benefits have you realized?

Workstation allows our group to do in depth research while also providing reports our clients can easily understand. It has the functionality to connect to our client's personal portfolios so we can generate historical and pro-forma analyses.

What Other Finance & Admin. solution do you use?

Thanks for letting us know!
Morningstar review by Administrator in Government Administration
Administrator in Government Administration
Validated Reviewer
Invitation from G2 Crowd
Reviewed On

Easy to Use, Excellent support, integration with our custodians

What do you like best?

I really appreciate that I can call as often as needed if there's a reconciliation or import issue and even if the solution is super easy, they never make me feel like silly about the question. Their support staff are very knowledgeable and patient.

What do you dislike?

I don't like that things aren't very intuitive. If we want to run a report with some different features or options, we always have to call for help. While their staff are always friendly and helpful, it would be nice to be able to figure out how to do simple changes or modifications on our own.

What business problems are you solving with the product? What benefits have you realized?

Financial advising, planning, management. We have multiple custodians and import all of the positions and transactions data into one place for our clients.

Morningstar review by <span>Rich J.</span>
Rich J.
Validated Reviewer
Verified Current User
Invitation from G2 Crowd
Reviewed On

Valuable Resource

What do you like best?

Full functionality allows users to research a wide variety of securities

What do you dislike?

cumbersome to use and especially to customize. No preferreds!

Recommendations to others considering the product

Make sure the securities you are interested in are covered.

What business problems are you solving with the product? What benefits have you realized?

Due Diligence. Provides a basis upon which to document recommendations.

Morningstar review by User in Financial Services
User in Financial Services
Validated Reviewer
Invitation from G2 Crowd
Reviewed On

easy to use platform for advisors

What do you like best?

i like how easy and intuitive the information is to access- its extremely user friendly and i do not waste time searching for what i need. comparison between funds and using their quantitative data to compare is quite useful

What do you dislike?

i dislike that there are more qualititative aspects of funds/ ETFs that i would like to review, morningstar does a great job comparing quantitative but lacks some of the more in depth qualitative.

Recommendations to others considering the product

add more qualitative screens and information, the quantitative data is there but can be massaged more to show trends etc.

What business problems are you solving with the product? What benefits have you realized?

it allows us to spend less time researching the funds, because we can spend hours diving deep into what a fund does, management style etc.

Morningstar review by <span>Erik S.</span>
Erik S.
Validated Reviewer
Verified Current User
Invitation from G2 Crowd
Reviewed On

Useful Product

What do you like best?

Great breadth of information, nice to have all available investments in one place

What do you dislike?

Fund category assignment and benchmarking at times do not align with the intention of the fund manager. Would be nice to be able to open dual screens to use hypotheticals and screening tools at the same time.

What business problems are you solving with the product? What benefits have you realized?

Fund selection and monitoring for our wealth management clients. Running hypothetical portfolios.

Kate avatar
Kate from G2 Crowd

Learning about Morningstar Advisor Workstation?

I can help.
* We monitor all Morningstar Advisor Workstation reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.