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Compare FactSet Workstation and Morningstar Direct Advisory Suite (formerly Advisor Workstation) 
At a Glance
Market Segments
Small-Business (45.7% of reviews)
Small-Business (61.1% of reviews)
Entry-Level Pricing
No pricing available
No pricing available
FactSet Workstation
Star Rating
(35)4.3 out of 5
Market Segments
Small-Business (45.7% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about FactSet WorkstationMorningstar Direct Advisory Suite (formerly Advisor Workstation)
Star Rating
(275)4.1 out of 5
Market Segments
Small-Business (61.1% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about Morningstar Direct Advisory Suite (formerly Advisor Workstation)Summary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that Morningstar Direct Advisory Suite excels in overall user satisfaction, boasting a significantly higher G2 Score compared to FactSet Workstation. Users appreciate features like the customizable report sections and the ability to import holdings, which streamline their investment processes.
- According to verified reviews, Morningstar Direct Advisory Suite has a much larger volume of feedback, with 270 reviews compared to FactSet's 35. This suggests that users have a more robust understanding of Morningstar's capabilities, leading to a more reliable assessment of its strengths and weaknesses.
- Users say that while FactSet Workstation offers incredible flexibility in building screens and reports, it falls short in overall satisfaction metrics. Reviewers highlight its deeply curated corporate financial data, but many feel that the user experience could be improved compared to Morningstar's more intuitive design.
- Reviewers mention that Morningstar Direct Advisory Suite's ease of use is a common point of contention, with some users finding it less user-friendly than FactSet. However, the recent updates have made it more intuitive and sleek, providing a wealth of information for individual securities.
- According to recent user feedback, FactSet Workstation shines in its quality of support, receiving high marks for customer service. Users appreciate the platform's ability to meet a wide range of research needs, but some feel that Morningstar's support could be more responsive.
- G2 reviewers report that while both platforms offer valuable features, Morningstar Direct Advisory Suite is particularly noted for its in-depth information when researching products and equities, making it a preferred choice for users focused on detailed analysis.
Pricing
Entry-Level Pricing
FactSet Workstation
No pricing availableMorningstar Direct Advisory Suite (formerly Advisor Workstation)
No pricing availableFree Trial
FactSet Workstation
Free Trial is available
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
Free Trial is available
Ratings
Meets Requirements
9.2
22
8.1
230
Ease of Use
8.6
22
6.9
268
Ease of Setup
8.8
8
7.4
216
Ease of Admin
Not enough data
7.6
42
Quality of Support
9.3
20
7.2
199
Has the product been a good partner in doing business?
8.8
8
8.6
48
Product Direction (% positive)
8.3
21
7.0
230
Features by Category
Financial Information
8.2
11
7.8
131
7.7
11
Feature Not Available
Analysis
8.1
12
7.7
129
7.6
12
7.3
130
7.5
10
7.6
127
7.3
8
Feature Not Available
7.1
8
Feature Not Available
Market News
7.9
13
6.0
128
7.9
13
7.3
129
8.1
13
6.5
128
Platform Basics
7.5
10
5.5
127
7.5
10
6.0
127
Agentic AI - Financial Research
Not enough data
5.9
19
Functionality
Not enough data
7.5
171
Not enough data
7.6
168
Not enough data
Feature Not Available
Not enough data
5.9
164
Not enough data
6.4
165
Not enough data
6.7
163
Not enough data
7.4
141
Integration
Not enough data
6.9
164
Not enough data
5.7
162
Not enough data
6.7
162
Agentic AI - Investment Portfolio Management
Not enough data
6.1
34
Not enough data
5.6
33
Not enough data
5.6
33
Not enough data
5.5
34
Platform Additional Functionality
7.7
8
Not enough data
7.1
8
Not enough data
Platform Content
6.3
8
Not enough data
6.9
8
Not enough data
Platform Data
6.7
8
Not enough data
Platform Interoperability
6.2
7
Not enough data
Platform Performance
6.7
7
Not enough data
Agentic AI - Financial Analytics
Not enough data
Not enough data
Platform Data
Not enough data
Not enough data
Platform Interoperability
Not enough data
Not enough data
Platform Additional Functionality
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform Basics
Not enough data
Not enough data
Agentic AI - Financial Risk Management
Not enough data
Not enough data
Data collection
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Segment Trending
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analysis
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Market Intelligence
Not enough data
Not enough data
Not enough data
Not enough data
Market Data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Fixed Income Pricing Data
Not enough data
Not enough data
Categories
Categories
Shared Categories
FactSet Workstation and Morningstar Direct Advisory Suite (formerly Advisor Workstation) are categorized as Investment Portfolio Management and Financial Research
Unique Categories
FactSet Workstation is categorized as Financial Analytics, Market Intelligence, Financial Risk Management, and Fixed Income Pricing Data
Morningstar Direct Advisory Suite (formerly Advisor Workstation) has no unique categories
Reviews
Reviewers' Company Size
FactSet Workstation
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Financial Services
37.1%
Investment Management
22.9%
Investment Banking
11.4%
Banking
5.7%
Venture Capital & Private Equity
2.9%
Other
20.0%
Financial Services
74.8%
Investment Management
14.8%
Banking
4.4%
Insurance
1.5%
Investment Banking
1.1%
Other
3.3%
Alternatives
Discussions
What is a research management system?
1 Comment
NG
My experience here was a very terrible one. After I had made my second deposit I was blocked out. Nothing I did worked. I was so frustrated and giving up on...Read more
FactSet Workstation has no more discussions with answers
Morningstar Direct Advisory Suite (formerly Advisor Workstation) has no discussions with answers
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