Morningstar Advisor Workstation Reviews & Product Details

Ease of use: Anyone from high school interns to seasoned professionals (sometimes worse with technology) can figure out how to create a portfolio and generate a report. There are some more advanced settings that allow for more detailed reports, if you are looking to create something with more specific metrics.

Vast "Universes" of Asset Classes: Nearly every type fund, bond, stock, UIT, annuity subaccount etc. is available in its own universe. Review collected by and hosted on G2.com.

Sometimes difficult to find the product that you are looking for, due to the availability and listing of nearly every product out there. Pay extra for different universe packages. Sometimes a lot extra. Takes some time to update quarterly numbers after end of quarter - can be frustrating. Review collected by and hosted on G2.com.

Quite a comprehensive data on funds and fund managers. Like the most the internal ranking that Morningstar provides which became industry leader. Review collected by and hosted on G2.com.

The website doesn't look as user friendly, so the experience you get might not be as exiting as in case of competitors - Bloomberg and Reuters Review collected by and hosted on G2.com.

Easy to use interface with numerous helpful filters - can really customize to your liking Review collected by and hosted on G2.com.

Research lists versus searches a little confusing Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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

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Giving my clients monthly reports is very useful. They are able to see a consolidated report of all their linked accounts in one place every month, with the latest portfolio balance. Review collected by and hosted on G2.com.

Can be hard to understand how to import information. Saving/reusing models would be a wonderful feature if I could ever understand how to navigate it. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Full functionality allows users to research a wide variety of securities Review collected by and hosted on G2.com.

cumbersome to use and especially to customize. No preferreds! Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

The ability to filter mutual funds and find the best ranked and compare funds. Review collected by and hosted on G2.com.

Not being able to search for a fund with in a research list, it just takes you back to the mutual fund universe. Review collected by and hosted on G2.com.

Morningstar is used widely throughout the financial industry as a leader in portfolio analytics. Review collected by and hosted on G2.com.

Monringstar can be limited in the information that it produces depending on the level of your subscription. Review collected by and hosted on G2.com.

I can adapt the platform to my needs and customize the outputs. Review collected by and hosted on G2.com.

I don't like the customer service. I find that if I have a problem, it takes a while to get to a person for a solution, although the online help references are good. Review collected by and hosted on G2.com.

Access to any securities traded on the common exchanges Review collected by and hosted on G2.com.

User interface could be updated a little Review collected by and hosted on G2.com.

The ease of use, the reporting features, investing advice, research at your fingertips Review collected by and hosted on G2.com.

i have not come across anything particularly not useful or wanted Review collected by and hosted on G2.com.

Responsiveness and 24/7 data availability. Review collected by and hosted on G2.com.

Would like to see more Variable Annuities available for review. Review collected by and hosted on G2.com.

Great breadth of information, nice to have all available investments in one place Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

The report output is very customizable, attractive, and easy to use as a learning tool with clients. Review collected by and hosted on G2.com.

It's a rather outdated UI - it's hard to find anything and the differences between various options is not clear. Review collected by and hosted on G2.com.

Morningstar Advisor Workstation has an enormous database of mutual funds, ETFs and annuities, that is easily searched and filtered. Review collected by and hosted on G2.com.

Focus in on actively managed products and active management in general - the data and graphics are to a large extent irrelevant to asset class oriented advisors. Review collected by and hosted on G2.com.

My favorite part of Morningstar is that I am able to export reports easily to Excel. For example, I am able to compare multiple mutual funds on their performance very easily and view them easily on Excel. Review collected by and hosted on G2.com.

Nothing about the interface is intuitive. Very confusing where to find certain features, even for people who work with it constantly. In addition, it is extremely slow and it goes down constantly. Review collected by and hosted on G2.com.