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Compare Morningstar Direct Advisory Suite (formerly Advisor Workstation) and YCharts 
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
Optimized for quick response
At a Glance
Market Segments
Small-Business (61.1% of reviews)
Small-Business (81.0% of reviews)
Entry-Level Pricing
No pricing available
Custom Pricing Team-Wide
Morningstar 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)YCharts
Star Rating
(99)4.7 out of 5
Market Segments
Small-Business (81.0% of reviews)
Pros & Cons
Entry-Level Pricing
Custom Pricing Team-Wide
Browse all 2 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that YCharts excels in user experience, particularly highlighting its clean user interface and the ability to present relevant information without the need for multiple programs. Users appreciate the portfolio optimization feature and the one-page tear sheets that simplify complex data for clients.
- According to verified reviews, Morningstar Direct Advisory Suite shines with its customizable report sections and the ability to import holdings, which saves time for users managing equity-heavy portfolios. Reviewers find these updates particularly beneficial in today's investment landscape.
- Users say that YCharts offers superior data visualization capabilities, with many praising its dashboards that consolidate information effectively. This feature allows users to access critical insights quickly, enhancing their decision-making process.
- Reviewers mention that while Morningstar Direct Advisory Suite provides a wealth of information, some find its interface less intuitive compared to YCharts. Users have noted that the design could be more sleek and user-friendly to facilitate easier navigation.
- G2 reviewers highlight YCharts' strong support, with many users expressing satisfaction with the quality of assistance they receive. The platform's commitment to being a good business partner is reflected in high ratings for support and product direction.
- According to recent feedback, Morningstar Direct Advisory Suite has room for improvement in areas like ease of use and mobility, with users indicating that the platform could benefit from enhancements to make it more accessible and user-friendly on mobile devices.
Pricing
Entry-Level Pricing
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
No pricing availableYCharts
YCharts Enterprise
Custom Pricing
Team-Wide
Professional features PLUS Collaboration & Content Sharing Across Users, Tailored Onboarding & Training Program, Firm-wide Excel Model Conversion & Automation, Consolidated Billing & Account Admin
Free Trial
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
Free Trial is available
YCharts
Free Trial is available
Ratings
Meets Requirements
8.1
230
8.9
73
Ease of Use
6.9
268
9.2
73
Ease of Setup
7.4
216
9.6
33
Ease of Admin
7.6
42
9.4
9
Quality of Support
7.2
199
9.6
69
Has the product been a good partner in doing business?
8.6
48
9.8
10
Product Direction (% positive)
7.0
230
8.4
73
Features by Category
Financial Information
7.8
131
9.3
57
Feature Not Available
Feature Not Available
Analysis
7.7
129
9.2
56
7.3
130
9.5
59
7.6
127
8.9
52
Feature Not Available
7.8
36
Feature Not Available
8.4
37
Market News
6.0
128
8.6
50
7.3
129
9.2
57
6.5
128
8.3
51
Platform Basics
5.5
127
7.4
40
6.0
127
8.3
35
Agentic AI - Financial Research
5.9
19
7.7
10
Functionality
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
Not enough data
Integration
6.9
164
Not enough data
5.7
162
Not enough data
6.7
162
Not enough data
Agentic AI - Investment Portfolio Management
6.1
34
Not enough data
5.6
33
Not enough data
5.6
33
Not enough data
5.5
34
Not enough data
Categories
Categories
Shared Categories
Morningstar Direct Advisory Suite (formerly Advisor Workstation) and YCharts are categorized as Financial Research
Unique Categories
Morningstar Direct Advisory Suite (formerly Advisor Workstation) is categorized as Investment Portfolio Management
YCharts has no unique categories
Reviews
Reviewers' Company Size
Morningstar Direct Advisory Suite (formerly Advisor Workstation)
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
YCharts
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
74.8%
Investment Management
14.8%
Banking
4.4%
Insurance
1.5%
Investment Banking
1.1%
Other
3.3%
Financial Services
63.1%
Investment Management
26.2%
Automotive
2.4%
Oil & Energy
1.2%
Investment Banking
1.2%
Other
6.0%
Alternatives
Discussions
Morningstar Direct Advisory Suite (formerly Advisor Workstation) has no discussions with answers
What is a Ychart?
1 Comment
Official Response from YCharts
YCharts is an investment research and client communications platform. It provides tools and resources for analyzing and visualizing financial data, including...Read more
Who owns YCharts?
1 Comment
Official Response from YCharts
YCharts was acquired by private equity firm, LLR Partners in 2020. The Chicago fintech firm was previously backed by Morningstar.Read more
What is YCharts used for?
1 Comment
Official Response from YCharts
Check out five impactful ways to use YCharts: https://go.ycharts.com/hubfs/5_Impactful_Ways_Advisors_Use_YCharts.pdf
Read more
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