Morningstar Total Rebalance Expert (tRx) Reviews & Product Details

Morningstar Total Rebalance Expert (tRx) Overview

What is Morningstar Total Rebalance Expert (tRx)?

TRX is a rebalancing software solution for RIAs who adhere to Modern Portfolio Theory (asset allocation).

Morningstar Total Rebalance Expert (tRx) Details
Product Description

TRX is a rebalancing software solution for RIAs who adhere to Modern Portfolio Theory (asset allocation).


Seller Details
Seller
Morningstar
Ownership
MORN
Company Website
Year Founded
1999
HQ Location
Chicago, IL
Total Revenue (USD mm)
$798
Twitter
@MorningstarInc
104,062 Twitter followers
LinkedIn® Page
www.linkedin.com
7,802 employees on LinkedIn®

Overview Provided by:
Show More
Answer a few questions to help the Morningstar Total Rebalance Expert (tRx) community
Have you used Morningstar Total Rebalance Expert (tRx) before?
Yes

Morningstar Total Rebalance Expert (tRx) Reviews

Write a Review
Filter reviews
LinkedIn®
Connections
Showing 2 Morningstar Total Rebalance Expert (tRx) reviews
Showing 2 reviews
Filter Reviews
Filter Reviews
Sort by
Ratings
Company Size
User Role
All Industries
Region
Already have Morningstar Total Rebalance Expert (tRx)?
Write a Review
Client Service Specialist
Financial Services
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

TRX is a very robust tool that will certainly help centralize your trading on a day to day basis. The best park of using TRX is that they have made it quick and easy to upload trades to custodians. It also makes it easy to see which clients need to be rebalanced at any given time. I'm also a fan of the Dashboard. It's a nice landing page where you're able to see an overall picture of the client portfolios.

Customer service is very helpful and patient. They are always available to explain where something is or how to do a certain task. Another great aspect is that all of our data automatically pulls over from Morningstar Office so we don't have to input data a second time. Review collected by and hosted on G2.com.

What do you dislike?

We love the product but getting it set up was quite time consuming and was a bit difficult. The user interface is a little clunky but I've heard that this is changing in the near future. I would also like to see them make getting from screen to screen a bit easier. I find I have to click multiple times to get to a screen that should only take one click. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

This is a great product but takes a few months to fine tune. Review collected by and hosted on G2.com.

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

We are able to centralize our trading process and streamline all of our client portfolio rebalancing. TRX has also helped us define a new trading process that is streamlined across advisors. Review collected by and hosted on G2.com.

Show More
Show Less
UI
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

The system is very intuitive and I don't have questions about how to place trades. Review collected by and hosted on G2.com.

What do you dislike?

It is frustrating that all of the trade proposals must be cleared out before reimporting. This means if we are waiting to submit a trade proposal for a certain client, we must wait to reimport our most recent data. Also, we frequently have trouble with the import not synchronizing correctly. This had lead to a few days where we are unable to rebalance with tRx. Review collected by and hosted on G2.com.

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

tRx allows us to monitor our clients accounts on a daily basis and keep everyone's portfolios monitored. Review collected by and hosted on G2.com.

Show More
Show Less

There are not enough reviews of Morningstar Total Rebalance Expert (tRx) for G2 to provide buying insight. Below are some alternatives with more reviews:

1
Robinhood Logo
Robinhood
4.4
(69)
Invest in stocks, ETFs, options, and cryptocurrencies, all commission-free, right from your phone or desktop.
2
Riskalyze Logo
Riskalyze
4.2
(42)
Riskalyze is transforming the industry by empowering investment advisors to capture a quantitative measurement of client risk tolerance, and use that data to win new clients, capture and meet expectations and quantify suitability.
3
HiddenLevers Logo
HiddenLevers
4.5
(34)
Explain Risk. Engage Clients.From Hello-to-Close.
4
Acorns Logo
Acorns
4.5
(29)
Acorns is the first company to offer micro investing to the world. The proprietary financial engine allows customers to roundup spare change from everyday purchases and invest these sub-dollar amounts into a professionally managed portfolio of index funds. Simply connect any credit or debit card and a checking account, then spend money like you normally do to watch your portfolio grow with the market. It's easy to get started when you can invest any amount, any time with no commissions or minimums.
5
eMoney Logo
eMoney
4.5
(20)
Providing an interactive wealth management platform for advisors and their clients, emX features an intuitive interface, powerful integrations and multiple financial planning options to meet your clients' every need.
6
Backstop Solutions Suite Logo
Backstop Solutions Suite
4.7
(21)
Backstop offers the industry-leading, cloud-based productivity suite to funds of funds, pensions, endowments, foundations, investment consultants, family offices, hedge funds, and private equity firms
7
Seeking Alpha Logo
Seeking Alpha
4.0
(19)
Seeking Alpha is an industry leader in mining the wisdom of the crowds for insights on every topic of interest to investors. It provides analysis, news, and data to stock market investors, via our website and mobile apps. Seeking Alpha is a fun, dynamic, family-like environment, full of intelligent, innovative, and entrepreneurial-minded individuals.
8
SimCorp Dimension Logo
SimCorp Dimension
4.4
(19)
SimCorps portfolio management software gives you real-time investment management analytics and data to help improve decision making. From front to back, our product portfolio delivers the resources you need to manage and optimize your investment performance and increase your operational agility.
9
Dynamo Logo
Dynamo
3.6
(9)
We have served the alternative assets industry with intuitive, highly configurable CRM software and online reporting systems for over 17 years.
10
Ziggma Logo
Ziggma
4.9
(9)
Ziggma is the web-based investment portfolio management software that makes investing easy for experts and beginners alike. * Much of Ziggma tools are completely free. - Portfolio Builder - Investment Portfolio Tracker - Portfolio Analytics - Multi Asset Screener - Company Portfolio - Model Portfolios Connect your investment account to Ziggma to benefit from our comprehensive portfolio management solution. You can also start from one of our model portfolios or import your yahoo portfolios. * Why Ziggma? - Intuitive portfolio visuals convey information more effectively - Innovative monitoring tools to free up your time - Link your investment account to Ziggma to stay on top of your portfolio - Market-leading financial data and performance scores for stock research - Use our model portfolios to benchmark and find inspiration
Show More