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# Morningstar Direct Advisory Suite (formerly Advisor Workstation) vs fi360 Toolkit Comparison - What are their main differences?

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Morningstar Direct Advisory...fi360 Toolkit[+ Add Product](#)

Reviews

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**[

4.1/5(302)

](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews#reviews)

**fi360 Toolkit** [

4/5(11)

](https://www.g2.com/products/fi360-toolkit/reviews#reviews)

Pricing

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
Free Trial

No pricing available

**fi360 Toolkit**
No pricing available

**Pricing Insights**
from reviews

Time to Implement

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
1 month

Based on 15 responses

**fi360 Toolkit**
Not enough reviews yet

Return on Investment

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
9 months

Based on 14 responses

**fi360 Toolkit**
Not enough reviews yet

Perceived Cost

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
$$$$$

**fi360 Toolkit**
Not enough reviews yet

Average Discount

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
7%

**fi360 Toolkit**
Not enough reviews yet

Pros & Cons

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
[
Comprehensive Information (22)
](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews?filters%5Bsentiment_snippet%5D=1060057&qs=pros-and-cons#reviews)[
User Experience (22)
](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews?filters%5Bsentiment_snippet%5D=1059910&qs=pros-and-cons#reviews)[
Not User-Friendly (23)
](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews?filters%5Bsentiment_snippet%5D=1061414&qs=pros-and-cons#reviews)[
Poor Usability (20)
](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews?filters%5Bsentiment_snippet%5D=1061963&qs=pros-and-cons#reviews)

**fi360 Toolkit**
[
Data Analysis (1)
](https://www.g2.com/products/fi360-toolkit/reviews?filters%5Bsentiment_snippet%5D=1305839&qs=pros-and-cons#reviews)[
Investment Management (1)
](https://www.g2.com/products/fi360-toolkit/reviews?filters%5Bsentiment_snippet%5D=1305763&qs=pros-and-cons#reviews)[
Expensive (1)
](https://www.g2.com/products/fi360-toolkit/reviews?filters%5Bsentiment_snippet%5D=1305805&qs=pros-and-cons#reviews)

Integrations

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
[

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_29b3c0564b8c50f1e49493e3dff51f52/addepar.jpg "Product Avatar Image")

Addepar

](https://www.g2.com/products/addepar/reviews)[

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_f6503aef59208e8645cfaa8fbf7a76e0/black-diamond-wealth-platform.png "Product Avatar Image")

Black Diamond Wealth Platform

](https://www.g2.com/products/black-diamond-wealth-platform/reviews)[

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_0fe84b6b8a75810090aae252b253b288/emoney.jpg "Product Avatar Image")

eMoney

](https://www.g2.com/products/emoney/reviews)[

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_2fd525d0798a4ed338b4323aee68db71/extremeswitching-formerly-blackdiamond.jpg "Product Avatar Image")

ExtremeSwitching (formerly...

](https://www.g2.com/products/extremeswitching-formerly-blackdiamond/reviews)[
View all
](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/integrations)

**fi360 Toolkit**
Not enough data

Screenshots

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**
 ![Morningstar Direct Advisory Suite (formerly Advisor Workstation) screenshot](https://images.g2crowd.com/cdn-cgi/image/width=600,height=600,fit=scale-down,format=auto,onerror=redirect,/https://images.g2crowd.com/uploads/attachment/file/1476793/Direct-Platform-Screenshots.png)

**fi360 Toolkit**
No screenshot available

Ratings

Meets Requirements

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

8.1

8.1243

**fi360 Toolkit**

8.2

8.210

Ease of Use

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

7.0

7.0293

**fi360 Toolkit**

8.2

8.211

Ease of Setup

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

7.4

7.4239

**fi360 Toolkit**

8.3

8.35

Ease of Admin

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

7.7

7.746

**fi360 Toolkit**

6.7

6.75

Quality of Support

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

7.2

7.2210

**fi360 Toolkit**

8.7

8.710

Has the product been a good partner in doing business?

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

8.6

8.652

**fi360 Toolkit**

7.3

7.35

Product Direction (% positive)

**Morningstar Direct Advisory Suite (formerly Advisor Workstation)**

7.0

7.0239

**fi360 Toolkit**

5.8

5.811

Features

Investment Portfolio Management[Hide 84 FeaturesShow 84 Features](javascript:void(0);)

6.7

196

7.7

5

Functionality

Customizable Reporting

7.6(won by 0.3)

183

7.3

5

Market Analytics

7.7

178

8.0(won by 0.3)

5

Investment Accounting

5.9

164

7.0(won by 1.1)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Real time 

6.4

166

8.0(won by 1.6)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Compliance

6.7

164

8.0(won by 1.3)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Client Portal

Feature Not Available

6.7(won by default)

5

Customizable Reporting

7.5(won by default)

148

Not enough data

Portfolio Reporting

9.8(won by default)

7

Not enough data

Investor Portal

Feature Not Available

Not enough data

Historical Reporting

Not enough data

Not enough data

Investor Reporting

Feature Not Available

Not enough data

Visual Analytics

Not enough data

Not enough data

Tax Compliance

Feature Not Available

Not enough data

Integration

Data aggregation

6.9

167

8.0(won by 1.1)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Accounting Integration

5.7

162

7.7(won by 2.0)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Risk Management

6.8

167

8.3(won by 1.5)

5

 (There is a greater than 0.5 difference between this product's rating and its competitors)

Portfolio Accounting

Feature Not Available

Not enough data

Contact Management

Feature Not Available

Not enough data

Workflow Management

Not enough data

Not enough data

Investor Management

Feature Not Available

Not enough data

Trade Management

Not enough data

Not enough data

Investment Management

Not enough data

Not enough data

Portfolio Management

Not enough data

Not enough data

Document Management

Not enough data

Not enough data

Compliance Management

Not enough data

Not enough data

Order Management

Feature Not Available

Not enough data

Fund Management

Not enough data

Not enough data

Tax Management

Feature Not Available

Not enough data

Cash Management

Feature Not Available

Not enough data

Client Management

Not enough data

Not enough data

Fee Management

Not enough data

Not enough data

Financial Management

Not enough data

Not enough data

Stock Management

Feature Not Available

Not enough data

Agentic AI - Investment Portfolio Management

Multi-step Planning

6.1(won by default)

34

Not enough data

Cross-system Integration

5.6(won by default)

33

Not enough data

Adaptive Learning

5.6(won by default)

33

Not enough data

Proactive Assistance

5.6(won by default)

35

Not enough data

Forecasting

Feature Not Available

Not enough data

Third-Party Integrations

Not enough data

Not enough data

Categorization/Grouping

Feature Not Available

Not enough data

Budgeting/Forecasting

Feature Not Available

Not enough data

Additional Functionality

Investment Research

8.7(won by default)

5

Not enough data

Risk Assessment

Not enough data

Not enough data

Automated Execution

Feature Not Available

Not enough data

Monitoring

Not enough data

Not enough data

Financial Analysis

Not enough data

Not enough data

Cryptocurrency Tracking

Feature Not Available

Not enough data

Generative AI

Not enough data

Not enough data

Profit/Loss Statement

Feature Not Available

Not enough data

Risk Analysis

Feature Not Available

Not enough data

General Ledger

Feature Not Available

Not enough data

Customizable Reports

Not enough data

Not enough data

Investor Communication

Feature Not Available

Not enough data

Performance Analysis

Not enough data

Not enough data

Performance Metrics

Not enough data

Not enough data

AI Copilot

Not enough data

Not enough data

Portfolio Analysis

Not enough data

Not enough data

Activity Tracking

Not enough data

Not enough data

CRM

Feature Not Available

Not enough data

For Hedge Funds

Feature Not Available

Not enough data

Audit Trail

Not enough data

Not enough data

Data Import/Export

Not enough data

Not enough data

Collaboration Tools

Not enough data

Not enough data

Mobile Access

Feature Not Available

Not enough data

Modeling & Simulation

Feature Not Available

Not enough data

Compliance Tracking

Not enough data

Not enough data

For Investment Advisors

Not enough data

Not enough data

Portfolio Rebalancing

Not enough data

Not enough data

Commodity Futures

Feature Not Available

Not enough data

API

Not enough data

Not enough data

Activity Dashboard

Not enough data

Not enough data

Benchmarking

Feature Not Available

Not enough data

Alerts/Notifications

Not enough data

Not enough data

Investments Tracking

Not enough data

Not enough data

Bonds/Stocks

Feature Not Available

Not enough data

For Investors & Traders

Feature Not Available

Not enough data

Multi-Currency

Feature Not Available

Not enough data

Stock Tracking

Not enough data

Not enough data

Watch List

Not enough data

Not enough data

What-if Analysis

Not enough data

Not enough data

Goal Setting/Tracking

Not enough data

Not enough data

Wash Sale Detection

Feature Not Available

Not enough data

For Traders

Not enough data

Not enough data

Side-by-Side Comparison

Feature Not Available

Not enough data

Financial Research[Hide 13 FeaturesShow 13 Features](javascript:void(0);)

6.9

143

Not enough data

Financial Information

Data Visualization

7.8(won by default)

135

Not enough data

Document Search

Feature Not Available

Not enough data

Analysis

Financial Analysis

7.8(won by default)

132

Not enough data

Charting

7.3(won by default)

133

Not enough data

Risk Analysis

7.6(won by default)

128

Not enough data

Collaboration

6.2(won by default)

108

Not enough data

Document Annotation

Feature Not Available

Not enough data

Market News

Alerts and Monitoring

6.0(won by default)

130

Not enough data

Market Information

7.3(won by default)

132

Not enough data

Market News

6.6(won by default)

131

Not enough data

Platform Basics

Interoperability

6.0(won by default)

130

Not enough data

Mobility

Feature Not Available

Not enough data

Agentic AI - Financial Research

Multi-step Planning

5.9(won by default)

19

Not enough data

User Insights

Reviewers' Company Size

[![Morningstar Direct Advisory Suite (formerly Advisor Workstation)](https://images.g2crowd.com/uploads/product/hd_favicon/9aa6ec67e406c9e748b54d89d1f3a944/morningstar-direct-advisory-suite-formerly-advisor-workstation.svg "Morningstar Direct Advisory Suite (formerly Advisor Workstation)")](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews)

Morningstar Direct Advisory Suite (formerly Advisor Workstation)

Small-Business(50 or fewer emp.)

62.0%

Mid-Market(51-1000 emp.)

14.1%

Enterprise(\> 1000 emp.)

23.9%

[![fi360 Toolkit](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_0a8b1227286b23b83d7d9f2d3dbed4c8/fi360-toolkit.png "fi360 Toolkit")](https://www.g2.com/products/fi360-toolkit/reviews)

fi360 Toolkit

Small-Business(50 or fewer emp.)

72.7%

Mid-Market(51-1000 emp.)

9.1%

Enterprise(\> 1000 emp.)

18.2%

Small-Business

(50 or fewer emp.)

62.0%

72.7%

Mid-Market

(51-1000 emp.)

14.1%

9.1%

Enterprise

(\> 1000 emp.)

23.9%

18.2%

Reviewers' Industry

[![Morningstar Direct Advisory Suite (formerly Advisor Workstation)](https://images.g2crowd.com/uploads/product/hd_favicon/9aa6ec67e406c9e748b54d89d1f3a944/morningstar-direct-advisory-suite-formerly-advisor-workstation.svg "Morningstar Direct Advisory Suite (formerly Advisor Workstation)")](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews)
Morningstar Direct Advisory Suite (formerly Advisor Workstation)

Financial Services

73.8%

Investment Management

15.0%

Banking

5.1%

Insurance

1.4%

Investment Banking

1.0%

Other

3.7%

[![fi360 Toolkit](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_0a8b1227286b23b83d7d9f2d3dbed4c8/fi360-toolkit.png "fi360 Toolkit")](https://www.g2.com/products/fi360-toolkit/reviews)
fi360 Toolkit

Financial Services

45.5%

Consulting

18.2%

Insurance

9.1%

Information Technology and Services

9.1%

Biotechnology

9.1%

Other

9.1%

Alternatives

**Morningstar Direct Advisory Suite (formerly Advisor Workstation) Alternatives**

 ![FactSet Workstation](https://images.g2crowd.com/uploads/product/hd_favicon/1ea53e45360132c8f3934fac33b67ce6/factset-workstation.svg "FactSet Workstation")

[
FactSet Workstation
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 ![eMoney](https://images.g2crowd.com/uploads/product/hd_favicon/148f44b696f54a7e9475d7b9768c4f8b/emoney.svg "eMoney")

[
eMoney
](/products/emoney/reviews)

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[
Seeking Alpha
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 ![Ziggma](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_6ba5f7bf98f338f0e37fb1dded52c2e2/ziggma.png "Ziggma")

[
Ziggma
](/products/ziggma/reviews)

**fi360 Toolkit Alternatives**

 ![Morningstar Direct](https://images.g2crowd.com/uploads/product/hd_favicon/9aa6ec67e406c9e748b54d89d1f3a944/morningstar-direct.svg "Morningstar Direct")

[
Morningstar Direct
](/products/morningstar-direct/reviews)

 ![Nitrogen](https://images.g2crowd.com/uploads/product/hd_favicon/0f367fdf390f9340e61048789263b3ba/nitrogen-nitrogen.svg "Nitrogen")

[
Nitrogen
](/products/nitrogen-nitrogen/reviews)

 ![Betterment at Work](https://images.g2crowd.com/uploads/product/hd_favicon/80255cbf814772b065215ac96c5aa13d/betterment-at-work.svg "Betterment at Work")

[
Betterment at Work
](/products/betterment-at-work/reviews)

 ![eMoney](https://images.g2crowd.com/uploads/product/hd_favicon/148f44b696f54a7e9475d7b9768c4f8b/emoney.svg "eMoney")

[
eMoney
](/products/emoney/reviews)