Morningstar is the Star Performer!
July 26, 2022

Morningstar is the Star Performer!

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Morningstar Advisor Workstation

When we have new clients who either want to compare their portfolio with us over time, or are considering moving their investments over to us, Morningstar is amazing at showing how their money is doing, and how it’s doing better than their current risk tolerance, or how our investments are performing better. We also use this software to show clients who are nervous about investing, how their money could have performed if they had decided to invest, instead of keeping large amounts of money in cash.
  • Amazing Comparisons
  • Easy to read charts
  • Diverse database
  • Ease of use
  • Data sync
  • Bond Database can be lacking
  • Charts
  • Comparisons
  • Portfolio Building
  • Gets Clients to Move their money to us
  • Let’s you track portfolio performance to a variety of benchmarks
  • The historical data is great
In terms of diversity, Morningstar is the best on the market. The way they display data, and since many financial institutions use this software, it is easy to show clients how their money is doing outside of our institution. Also allows us to show portentously clients in-depth comparisons of different investment strategies.

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Did Morningstar Advisor Workstation live up to sales and marketing promises?

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Did implementation of Morningstar Advisor Workstation go as expected?

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Would you buy Morningstar Advisor Workstation again?


If a client is shy about investing or wants portfolio comparisons, Morningstar really hits the mark. Being able to show real-time data is great for putting a client's mind at ease. The downside to this product is, that if a client isn’t as financially literate, it takes some explaining to show them what’s going on, and they can get lost in all of the data.