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UF

Verified User in Financial Services

Mid-Market (51-1000 emp.)

8/20/2025

"Morningstar Direct Advisory Suite Review"

3/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

it does a good job of providing asset allocation details Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

not very user friendly and I wish it made it easier to utilize proxies Review collected by and hosted on G2.com.

OF

Orey F.

Financial Advisor

Small-Business (50 or fewer emp.)

3/6/2025

"A lot of good information, not the most user friendly."

3.5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I like all the information that is available Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

Its not the most user friendly software. Review collected by and hosted on G2.com.

SM

Sam M.

Vice President, Investment Strategy

Mid-Market (51-1000 emp.)

3/5/2025

"my go-to tool for fund analysis"

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

screening tools and ability to tap into morningstar analyst rankings Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

clunky to log in sometimes, wish it was easier to screen across ETFs and mutual funds without having to select the entire securities universe Review collected by and hosted on G2.com.

FB

Frédéric B.

Associate Advisor

Enterprise (> 1000 emp.)

9/24/2024

"Useful tool to analyze and compare mutual funds, ETF and stocks."

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

Independant reasearch that can be used to compare opinions and facts. Portfolio builder is something I frequently use. Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I think it would be a great addition to include other metrics such as Upside/Downside ratios and find a way to flag certain elements such as limited track record from management team (funds) or concentration risk in a sector and/or company. Review collected by and hosted on G2.com.

What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?

Easy and quick to compare and analyze portfolios. Rating highlights a few important components such as MER and relative effectiveness of management team in place. ESG risk assessment is also great to quickly identify how well a fund or company ranks. I also love looking at the fair value estimate and compare it to the one implied by the consensus Review collected by and hosted on G2.com.

IC

Verified User in Capital Markets

Enterprise (> 1000 emp.)

9/24/2024

"Associate - Wealth Management"

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I use Morningstar to primarily for collecting data on client portfolios. On every review with clients we pull up to date data on their mutual funds & ETF's and run through the Morningstars Investment Detail Report. This data is represented in an easy to digest view that clients can better understand their investments. Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

When first starting out on Morningstar it was overwhleming the access to available data, this made starting and utilitizing Morningstar a more daughting task than it seemed. With help from my co-workers and their self help resources I slowly overcame this and got more comfortable. I still believe the learning curve exists. Review collected by and hosted on G2.com.

What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?

I am unaware of how Morningstar is solving problems. I glance at email updates sent by Morningstar but in busy days and weeks I cannot give their updates a thorough read through. I would enjoy at the top of their email updates a quick hits area highlighting the main points so I can evaluate what to give time and attention to. Review collected by and hosted on G2.com.

J

Jeff .

Weatlh Advisor

Small-Business (50 or fewer emp.)

2/27/2025

"Godo, but would be better with oortfolio builder at a reasonable price."

3.5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I like the feature of seeing Fund performance and ranking over time Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

Comparison capability is no longer available. Review collected by and hosted on G2.com.

MA

Michael C. A.

Financial Advisor

Small-Business (50 or fewer emp.)

2/27/2025

"I am a long time subscriber to Morningstar and I find it very useful for my business"

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I like the ability to build well diversified portfolios using Advisor Workstation. Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I feel taht some of the analysis of funds is incorrect and off. Some funds receive medal sratings of Gold and Silver and have very poor 5 and 10 year track recrods. It seems some mutual fund companies get more favorable reviews. Review collected by and hosted on G2.com.

AM

Andy M.

Founder

Small-Business (50 or fewer emp.)

2/27/2025

"Only investment software I HAVE to have"

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

The depth and breadth of their research is unmatched. It's not even close. Also, quite a bargain. Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

Hmmm--not much--I suppose I wish to graphics (charts) had a more updated look or customizable. Review collected by and hosted on G2.com.

SS

Steve S.

Financial Advisor/Financial Planner

Small-Business (50 or fewer emp.)

4/18/2024

"A valuable resource for researching investments."

4.5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

MAW is an easy to use program. It helps me monitor the investments that I have chosen for clients as well as keeping me abreast of investments that I am considering adding to my "best in class" investments. In addition, if I do require assistance with the program, I can get help from Morningstar. Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

I cannot think of any aspects of the program that I dislike. Review collected by and hosted on G2.com.

Response from Aanya Gandhi of Morningstar Direct Advisory...

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We appreciate your feedback and are pleased to hear that Morningstar Advisor Workstation is helping you select the best investments for your clients. Please feel free to reach out if you have any further questions or need assistance.

RB

Ravi B.

Financial Advisor

Enterprise (> 1000 emp.)

9/25/2024

"Comprehensive insight with morningstar advisor workstation"

5/5

What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

The best thing about it is :

excel in providing in-depth research and analytics tools that empowers advisor to make informed decisions.

example : having SD, sharpe ratio, alpha all calculated in easiest way to copare the portfolios.

Portfolio comparison is the great feature.

once you get use to it its easy to operate ( but definately need few months to get used to all the features). Review collected by and hosted on G2.com.

What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?

One downside is the steep learning curve for the new users, particularly for thise unfamiliar with investment analysis tools. it is comprehensive tool but can feel overwhelming sometimes ( specifically initially).

some features require time and training.

huge data base but still doesnt have ETF data base inclusion ( I think it is due to the company i work for and access is limited). so cant blame morning star for that.

it should be more appealing to see rather than more database software. too much info on one screen.

if there could be a way to intigrate AI in it which can suggest similar funds available in the portfolio created by user.

for example : if advisor has a portfolio created with 4 funds then can put restriction that show me similar asset allocation or geogrophical allocation , with high alpha and low beta ( just an example) and show me other few funds or one fund rather than having current 4 funds would be the greatest feature.

or if advisor put asset allocation and ask morning star feature to generate a portfolio by selecting funds ( from certain universe of funds only) Review collected by and hosted on G2.com.

What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?

PLEASE NOTE IT DOESNT ALLOW ME TO SUBMIT THE SCREEN SHOT FOR SOME REASON:

so far i am using morning star advisor work station for :

> create portfolio : show the propert asset allocation to the client.

> to compare the current portfolio to suggest the proposed portfolio.

> it is helping clients to see the bigger picture as one portfolio approach rather than looking at 4 or 5 different fund facts and getting confused. Review collected by and hosted on G2.com.