--- title: Morningstar Direct Advisory Suite (formerly Advisor Workstation) Reviews meta_title: 'Morningstar Direct Advisory Suite (formerly Advisor Workstation) Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 285 reviews by the users' company size, role or industry to find out how Morningstar Direct Advisory Suite (formerly Advisor Workstation) works for a business like yours. aggregate_rating: rating_value: 4.1 review_count: 285 scale: '5' date_modified: '2026-07-12' parent_category: name: Financial Services url: https://www.g2.com/categories/financial-services --- # Morningstar Direct Advisory Suite (formerly Advisor Workstation) Reviews **Vendor:** Morningstar **Category:** [Investment Portfolio Management Software](https://www.g2.com/categories/investment-portfolio-management) **Average Rating:** 4.1/5.0 **Total Reviews:** 285 ## About Morningstar Direct Advisory Suite (formerly Advisor Workstation) Morningstar Direct Advisory Suite (formerly Advisor Workstation) is a comprehensive software platform designed to empower financial advisors in delivering exceptional investment advice and managing client relationships. By combining advanced investment research, personalized planning tools, and seamless integrations, the suite simplifies operations, enhances client engagement, and supports informed decision-making. Key features include robust analytics for crafting investment plans aligned with client goals, compliance tools to ensure regulatory alignment, and the ability to generate FINRA-reviewed reports with visuals like portfolio comparisons. Advisors can also streamline workflows by integrating with CRMs, custodial platforms, and internal systems. The platform provides firmwide insights through enterprise dashboards, enabling advisory firms to track key metrics, identify growth opportunities, and standardize processes for consistent service delivery. Morningstar Direct Advisory Suite is ideal for financial advisors and firms seeking to optimize their practices, build trust, and scale their businesses while prioritizing client relationships. ## Morningstar Direct Advisory Suite (formerly Advisor Workstation) Pros & Cons **What users like:** - Users value the **comprehensive information** provided by Morningstar Direct Advisory Suite, enhancing their investment decisions. (22 reviews) - Users appreciate the **modern UI and intuitive UX** of Morningstar Direct, enjoying customizability and comprehensive analysis. (22 reviews) - Users value the **rich analytics capabilities** of Morningstar Direct, enabling thorough comparisons and insights on various investments. (19 reviews) - Users appreciate the **ease of use** in Morningstar Direct Advisory Suite, enhancing their analysis and report preparation efficiently. (19 reviews) - Users appreciate the **extensive research support** of Morningstar Direct, enhancing their analysis of investments and portfolios. (17 reviews) - Users value the **comprehensive data** in Morningstar Direct, facilitating seamless investment analysis and client portfolio optimization. (16 reviews) - Users value the **comprehensive reporting** capabilities of Morningstar Direct, enhancing client communication and investment decisions. (16 reviews) - Data Analysis (15 reviews) - Features (15 reviews) - Users value the **robust portfolio management tools** in Morningstar Direct Advisory Suite for effective investment analysis. (14 reviews) **What users dislike:** - Users find the **interface not user-friendly** , struggling with navigation and understanding features in Morningstar Direct Advisory Suite. (23 reviews) - Users find the **poor usability** of Morningstar Direct Advisory Suite frustrating, especially with its clunky layout and research tools. (20 reviews) - Users frequently experience **poor customer support** , resulting in frustration and delays in resolving issues with Morningstar Direct. (14 reviews) - Users find the **feature deficiencies** of Morningstar Direct Advisory Suite hinder effective performance, often leading to reliance on alternative software. (13 reviews) - Users find **limited customization** in Morningstar Direct Advisory Suite, hindering efficiency and complicating essential tasks. (12 reviews) - Data Inaccuracy (11 reviews) - Insufficient Data (11 reviews) - Users find the **difficult learning experience** overwhelming initially, complicating the effective use of Morningstar Direct Advisory Suite. (10 reviews) - Difficult Navigation (10 reviews) - Information Overload (9 reviews) ## Morningstar Direct Advisory Suite (formerly Advisor Workstation) Reviews ### 1. Quick, Custom Security Comparisons That Make KYP Easy **Rating:** 5.0/5.0 stars **Reviewed by:** Marc-Alexandre K. | Enterprise (> 1000 emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The ability to quickly compare multiple securities with custom data points and fulfill KYP obligations. The search function is simple but such an upgrade from Workstation that we easily take it for granted but it has made everything so smooth and I hope future AI assistant integrations continue in that same vein of centralizing how we can leverage the full solution. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Im still having some issues with the pdf import feature in Canada or having to adjust the securities it logged because they are wrong. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Its allowing our advisors to gain time and efficiency while also having better outputs. More time with clients while also having complete reports is amazing in regards to value, time, and risk management. ### 2. X-Ray Reports, Morningstar Data, and Prospecting abilities Shine, Group Management Needs Improvement **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** February 04, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like generating X-Ray reports to share with clients and/or inform internal investment decisions. I also like the customizable nature of the watchlists with the deep Morningstar data and ability to export. I also frequently use the Model Portfolios section to maintain my firm's models and create reports to share with prospective clients. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I do not like the way 'Clients' and 'Groups' function. I am coming from Morningstar Office, where relationships were managed purely in a 'Group' (or, household) style. I have no need to separate households by individual client within DAS, I have a purpose-built CRM for that. The current style of client organization creates confusion and clutter. I also do not like that I have to designate each account as "Brokerage" vs. "Advisory," they are just accounts. It doesn't matter and it looks ugly being listed on the top of the reports. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** DAS is solving the need for prospective client deliverables. I use DAS to review prospect portfolios, create and share X-Ray reports, and create and share portfolio proposals. DAS is the only tool I currently have to support these functions. ### 3. Informative but Needs More Engaging Webinars **Rating:** 3.5/5.0 stars **Reviewed by:** Patrick W. **Reviewed Date:** February 05, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I appreciate the amount of information available in Morningstar Direct Advisory Suite and how easy it is to sort through and find what I need. If I'm looking for a specific topic, I can usually find it fairly easily. I also like the reminder emails that prompt me to explore topics, even those I wasn't initially interested in, which keeps me informed about the market. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It seems like the buckets of information could be better sorted by different categories. Also, some of the Zoom or webinars are a bit dry and, while they don't need to be entertaining, it's just like a bad newscast and is hard to watch. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I use Morningstar Direct Advisory Suite to understand what's happening in the market with up-to-date, relevant information from a trusted source amid many voices. It helps me find Zoom webinars to learn more about the market and grow my business. ### 4. Essential Research Tool for Investment Platforms **Rating:** 5.0/5.0 stars **Reviewed by:** Chloe G. | Operations Analyst - Investment Services, Enterprise (> 1000 emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I help to build investments to our recordkeeping platform. Morningstar is an extremely helpful tool when I need to research details about an investment and it's availability. I use Morningstar frequently, almost on a daily basis. We had a meeting with the Morningstar team a few months ago to implement any product enhancements based on our suggestions, and they were very receptive to our feedback! The product has been very user friendly and easy to use. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** N/A. I used to dislike that we could not see information about CITs on my team, just Mutual Funds. But we recently just received an enhanced version of the tool that provides up capabilities to research CITs as well! It helps me to see if a CIT has incepted or not, and if there is aminimum purchase requirement. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** For me, the product helps me immensely in researching investment availability and if a specific investment is able to be supported on our recordkeeping platform. ### 5. Seamless Integration with Morningstar’s Analyst Ratings! **Rating:** 5.0/5.0 stars **Reviewed by:** David C. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The integration with all of Morningstar's Analyst ratings! Morningstar is the foundation of equity research in the financial industry! **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The inability to send model portfolios to Interactive Brokers Custodian **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** My ability to in one platform, being able to set up a portfolio, and using Morningstar Analytics, being comfortable in trading that portfolio for my clients! ### 6. Customizable Reports and Easy Imports Streamline Investing **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** November 24, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The new customizable report sections are helpful. I also think that the most important update is the ability to import holdings saving time in a higher equity concentrated world of investing as opposed to the old mutual fund allocation strategies. I would think that adding .png would be good too though as some clients especially prospects send screen shots of their holdings. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I think there are spots that have too many clicks to get to the destination. In particular with the editing of portfolios. I also wish that there were more information about some of the more popular SMAs that we work with. Having to import each month is a painful process. I also think that the environment for researching comparable funds could be a little more simplified. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** We mainly use it for sales. Demonstrating to our clients what our most used portfolios look like, how they perform, and being able to show them how they are currently allocated and the value that we can provide. ### 7. All-in-One Solution for Business Development and Client Service **Rating:** 5.0/5.0 stars **Reviewed by:** Alex N. | Portfolio Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It has all the tools for clients and prospects. Business development. Client service. Research. Very thoughtfulh **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I love it. It has everything you can ask for. Far exceeds my expectation. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Kyo kyc. Product info and client qurstionaire ### 8. Amazing Graphics That Impress **Rating:** 5.0/5.0 stars **Reviewed by:** skip s. | Enterprise (> 1000 emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** amazing graphics, the risk profiling system, and the integration of the risk profile with the live portfolio **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I don't dislike anything. All I wish to see is continued developed improvements **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** the problem of quantifying a client's risk profile to align with their actual portfolio ### 9. Frustrating Experience with Poor Usability **Rating:** 0.5/5.0 stars **Reviewed by:** Julie K. **Reviewed Date:** November 10, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The fund data provided is similar to what Office provided but at a lesser scale. For example, I can no longer compare fund performance to the prospectus benchmark, only the Morningstar assigned benchmark. I don't really like anything about this product. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I find the Morningstar Direct Advisory Suite not intuitive and inefficient for my work as an advisor. Many promised functionalities don't work as advertised. For example, the feature that purportedly uploads client statements to input holdings and values fails frequently, forcing me to manually correct the data. The watchlist function is frustratingly limited; it allows exportation of only the first 100 rows without the ability to choose which ones, making comprehensive data export impossible. Additionally, custom data sets do not remain saved, requiring constant manual selection. The client section is cumbersome, lacking essential features like portfolio aggregation and detailed asset allocation analysis, which forces me to use alternative software for these purposes. Overall, the software doesn't equip me with the necessary tools to perform effectively, leading me to rely on other systems. I feel like I was lied to during the sales process that this was a similar product to Office. This fails in all regards. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It is not solving any problems. It actually is creating more problems for me. I find the product complicates my advisory tasks, requiring manual data updates and making portfolio management inefficient due to limited functionality. ### 10. Powerful Fund Analysis and a Great AI Beta Feature **Rating:** 5.0/5.0 stars **Reviewed by:** Piero V. | Manager of Technology, Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I use the platform’s capabilities, and the AI beta is a great feature to have. The analysis of each fund is also very helpful **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The fact that it’s limited to offshore products. Global fixed income **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Mapping global fixed income for multiple users ### 11. Morningstar Review **Rating:** 5.0/5.0 stars **Reviewed by:** Michael W. | Advisor, Mid-Market (51-1000 emp.) **Reviewed Date:** August 21, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** What I like best about Morningstar Direct Advisory Suite is how easy it makes it to compare funds and analyze portfolios. The X-Ray tool is especially helpful for seeing what clients actually own across all their accounts and spotting any gaps or overlap. It also gives access to independent research and ratings that add credibility when showing clients why a recommendation makes sense. On top of that, the reports are clean and client-friendly, so it’s simple to present complex information in a way clients can understand. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The biggest drawback of Morningstar Direct Advisory Suite is that it can feel clunky and slow to navigate at times, especially when pulling detailed reports or switching between tools. The user interface isn’t very intuitive, so it takes some getting used to, and even after that, simple tasks can feel more complicated than they should. Report customization is powerful, but sometimes too rigid—you can’t always tailor the output exactly how you’d like. Finally, the cost is on the higher side, which can be hard to justify if you’re not making full use of all the features. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** ChatGPT said: Morningstar Direct Advisory Suite helps solve the problem of bringing all investment research, analysis, and reporting into one platform. Instead of bouncing between different data sources, I can research funds, compare options, analyze portfolios, and build reports in one place. This benefits me by: Saving time – less manual work pulling data from multiple sources. Improving accuracy – consistent, reliable data reduces errors. Building trust with clients – professional reports and independent ratings make recommendations easier to explain and more credible. Enhancing client outcomes – tools like the X-Ray help uncover risks or overlaps clients wouldn’t see on their own, leading to stronger portfolios. In short, it makes my advisory process more efficient, transparent, and client-friendly. ### 12. Embedded AI Tool That Delivers **Rating:** 5.0/5.0 stars **Reviewed by:** Matthew B. | Manager of Technology and Business Development, Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The embedded AI tool is super powerful. Excited to see future developments. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Clearing firm Data connection and mapping needs work. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** DAS has been a good replacement for the analytical tools our FA teams were using in Morningstar Office ### 13. Great product but support needs improvement **Rating:** 4.0/5.0 stars **Reviewed by:** john p. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 18, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Morningstar Direct Advisory Suite's ease of use **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Morningstar Direct ADvisory's the company billing and support is lacking. One rep for a number of states **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Third party assessment of investments that clients respond well too. Visuals for meetings ### 14. Mark Scime - Review of Morningstar Direct Advisory Suite **Rating:** 4.5/5.0 stars **Reviewed by:** Mark S. | Advisor, Small-Business (50 or fewer emp.) **Reviewed Date:** August 13, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like the wide breadth of funds available as well as the enormous amount of data for various performance measures as well as detailed analysis of holdings within each fund. This is easily compared to a wide number of bench marks - which can be customized by your own choosing rather then being fixed. I think the graphics, which include a lot of colour make visuals that are distinct and easy to understand. I use it frequently when preparing comparisons of performance of existing portfolios vs. recommended. It is also very easy to create a number of alternative portfolios for clients. Morningstar provides good tutorials. The sessions were often less then 30 minutes - enabling me to build upon my existing knowledge and retain what was presented. The staff answered but questions live and if they ran out of time emailed them afterwards. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** So of the data presented in tables is too detailed. And other times you will get detail for equity holdings - growth/value/combinted along with large/mid/small but little or nothing for the fixed income sleeves. Secondly, although it is good to be able to obtain or get to information via difficult pathways. Not all were intutitive - I found that I needed to attend some of the presentations by staff (Customer Support) to get a better utilzation of the product. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Various reports enabled us to standardize Portfolio Comparisons. ### 15. Trusted Morningstar Brand That Keeps Innovating for Advisors **Rating:** 4.5/5.0 stars **Reviewed by:** Byron D. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I trust the Morningstar brand to innovate in the best interest of advisors. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It does not offer financial planning software to partner with the investment solutions. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** offering a risk tolerance assessment for new clients. ### 16. Comprehensive Toolset That Delivers Results **Rating:** 4.5/5.0 stars **Reviewed by:** Richardi D. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Comprehensive set of helpful set of tools **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It could use more / better tutorials to help user performance **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Portfolio construction and analysis. Research. . Client Reports and analysis. Ideas. News. Portfolio Evaluation. llllllllllll ### 17. Modern UI and Insightful News, But Product Search Needs Improvement **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Enterprise (> 1000 emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Modern UI and no more opening of extra windows and modules when using Clients and Portfolio Tab and Also building Models and Hypotheticals. I also like the news headlines as it pertains to economy, current events, and investments products. It creates a nice homepage for me to start the day and get an in-depth look at what is driving the markets. Statement analysis within Integrations is a big time saver and very useful to analyzing client statements if the holdings are available. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** There are still a few kinks in terms of product searches at this time. Fund Codes in Canada aren't populating all the information when doing quick comparisons and the old Research Module in AWS actually had a more intuitive data layout. I can't seem to locate the Know Your Product Due Diligence Screener still within DAS which makes me convert back to AWS from time to time. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Statement analysis and inputting client holdings. Being able to screen and do quick comparisons by showing multiple investments and funds side by side is intuitive and easy to use. This is saving quite a bit more time in my day to day. ### 18. Comprehensive Data, But limits on Downloading is Frustrating **Rating:** 3.0/5.0 stars **Reviewed by:** chase s. | Investment Research Analyst, Mid-Market (51-1000 emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Morningstar has the most comprehensive coverage of Mutual funds and ETFs. The ability to see so many data points in one place is very valuable. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The DAS is really a downgrade from what we used to have which was Morningstar Office. In MO, we could download as much as we want and there were not limits on pages. With DAS, if we have to download 900 securities & their data points, then I have to download 9 separate excel sheets and link them together manually. I wish we could also create factsheets of our models like Direct can. I also wish we could see rolling returns across custom time frames and compare it against other funds like we could in Morningstar Office. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It solves the problem of not having uniform information about funds. It also solves the problem of comparing like funds against the same index and peers. DAS is also helping us get analyst write ups on individual stocks for our individual stock strategies. ### 19. Modern UI and Intuitive UX, Confusing Product Differentiation **Rating:** 3.0/5.0 stars **Reviewed by:** Ethan H. | Investment Management Associate, Mid-Market (51-1000 emp.) **Reviewed Date:** October 30, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like that the UI looks modern and I think the UX is rather intuitive. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** First of all, the naming convention between products is confusing. As far as the product itself goes: It seems to do the job of replacing our uses for Morningstar Office (pulling investment lists for fund/market data, accessing fund research, and analyzing portfolio styles with look through capabilities.) The only Office feature we've not been able to replace is the transactional account reporting feature that existed in Office. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** We primarily use Morningstar Direct Advisory Suite for pulling investment lists for fund/market data, accessing fund research, and analyzing portfolio styles with look through capabilities. ### 20. Efficient Data Gathering but Needs Feature Consistency **Rating:** 3.5/5.0 stars **Reviewed by:** Ashton W. **Reviewed Date:** February 05, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like how I can use the watch list section to get datasets and create custom reports. It allows me to run analysis on incoming clients' funds and stocks to see how we can manage it better. Also, the initial setup was super easy. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I would like to see more fields available in the data sets. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I use Morningstar Direct Advisory Suite for breaking down statements on stocks and bonds, and I like using the watch list section to get datasets and create custom reports, helping me run analysis on client funds to manage them better. ### 21. Integrates Seamlessly **Rating:** 5.0/5.0 stars **Reviewed by:** Mark N. | Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** June 18, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Integrates well with custodians and crm. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Sometimes can be difficult to figure out how to get exactly what I'm looking for **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Primarily, performance reporting. Also risk management and research. ### 22. Flexible Detail Controls, But Client Data Sync Needs Improvement **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Investment Management | Small-Business (50 or fewer emp.) **Reviewed Date:** June 17, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like how you can really get into the weeds on some things, but trim back on the info if needed. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I don't like the transfer or syncing effectiveness of getting client data on the platform. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I use it more so as a supplement not so much as a problem solver. ### 23. Helpful Reporting, but Data Loading Issues Require Manual Entry **Rating:** 3.5/5.0 stars **Reviewed by:** Ryan H. | Financial Advisor, Small-Business (50 or fewer emp.) **Reviewed Date:** February 03, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Running reports is the most helpful tool **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** some of the data stopped loading in, especially the annuities side of things having to manually plug in. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** running good reports with visuals that clients understand is the biggest benefit ### 24. Not ready for Prime Time but Solid Research Capabilities, Serious Drawbacks **Rating:** 0.0/5.0 stars **Reviewed by:** Bradley V. | Managing Principal, Portfolio Manager., Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Research is fine. I'm able to compare various assets. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The XRAY and portfolio analysis components don't work. This product was not ready to be released, you never have discontinued Office. I've been working with Marissa and Ben Meyers for months on trying to get this product operational with no success. The dollar values of the accounts coming down from Schwab are incorrect and therefore render this product useless to me and my staff. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It's not benefiting me at all. Portfolio and asset classes are useless. **Official Response from Storey Sheriff:** > Thank you for sharing your experience with Direct Advisory Suite. We understand your frustration and have escalated your concerns to our Support team and with your account team for further investigation and resolution. Please be assured that we are working on the solution. ### 25. Comprehensive Data Access, But Interface Can Be Overwhelming **Rating:** 4.0/5.0 stars **Reviewed by:** Drake F. | Internal Wholesaler, Enterprise (> 1000 emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Amount of data that the system holds. I really like being able to research ETFs, funds, and individual holdings. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Not sure how you'd go about making this better, but it can be a bit busy. There are a lot of tabs and can be overwhelming to learn. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Being able to research funds on the fly. If I'm on the phone it's easy to do a quick search for the info I need. ### 26. Impressive Data Depth That Stands Out **Rating:** 5.0/5.0 stars **Reviewed by:** Nitant P. | Wealth Advisor, Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The platform offers a great depth of available data, allowing you to compare and analyze different instruments with ease. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I would really value having a straightforward and efficient investment comparison tool or chart, similar to what Y Chart offers. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It helps me to design custom portfolios for my clients. I would appreciate quick investment comparison tool like Y chart, which is clean and easy to use. ### 27. Excellent tool for analysis, reports and user experience are finally catching up! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.) **Reviewed Date:** June 18, 2024 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Morningstar AWS is an excellent product for investment analysis and research. The depth and integrity of data is very impressive and the interface provides plenty of flexibitlity in terms of manipulating it for research needs. Morningstar has been excellent at listening to their clients and making meaningful improvements to user experience, workflows, and the ability to offer customizeable and digital reporting. These improvements and new functionality will cement DAS as the go-to tool for investment analysis and client planning. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The strenghts of Morningstar AWS in one area, had historically contributed to weaknesses in others. The functionality and reports are great for more robust research and analysis, but can be overkill for other use cases including client reports. The direction DAS is moving in will alleviate many of the concerns with modernized reporting and more streamlined interface. Understanding that DAS is its early days, I'm excited to see the full scope of this functionality as it continues to roll out and become refined. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Morningsatr AWS enables our team to research and compare competitive securities to recomend to our Financial Advisors. It also allows us to assist in comparing client's outside assets to other options in order to better position our advisors to consolidate assets. The RTQ and IPX workflow is expected to be adopted for our firm's risk assessment process and proposal output. ### 28. Valuable Analysis, But Needs Easier Investment Comparison and portfolio building **Rating:** 4.0/5.0 stars **Reviewed by:** Alex L. | Senior Consultant, Enterprise (> 1000 emp.) **Reviewed Date:** October 23, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** the analysis part is most valuable to me in my daily life. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** it is not easy as advisor workation to compare investment products and **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I need help client to analysis the marketing trends and stocks forecasting to monitoring portfolio.it will be better if it can provide more maket news and target price ### 29. Esay to use and highly analytical **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** August 21, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It is very easy to input portfolio data (stocks, ETFs, mutual funds, etc.) and receive instant analysis on portfolio construction. This provides easy insight on what the portfolio is and how we want to re-position it. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Sometimes the price used by Morningstar for a stock is totally wrong, which throws off the market value and then I have to manipulate the number of shares so the market value is correct for that total position. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It allows quick analysis of the portfolio construction (large cap vs small cap, growth vs value) and helps us look at how we may want to change the portfolio. We also love the feature of total return including distributions for a given ticker. ### 30. Great for Stock Valuations, But Misses ETF Fair Value Data **Rating:** 4.5/5.0 stars **Reviewed by:** Li T. | Senior portfolio manager, Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** A third party independent valuation for individual stock. Detailed information for ETF and mutual funds. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The fair market value of ETF and mutual funds are no longer available (used to be provided by workstation ) **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Provide transparency for mutual fund and ETFs that help for investment decisions ### 31. Direct Custodian Integration Is Great, But Glitchy Performance **Rating:** 4.0/5.0 stars **Reviewed by:** Julie W. | Operations and Administration, Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It's most helpful that it pull in directly from the custodian **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The system in terms of account values has been incorrect. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It helps that we don't have to manually import account positions or manually create them which creates a more time efficient process. ### 32. Great Information, But Needs Better Fund Filtering Options **Rating:** 5.0/5.0 stars **Reviewed by:** H Scott K. | Senior VP, Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Being able to screen and compare securities and get client allocations. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Not being able to filter out unwanted funds from my screening so as to compare a fewer number of securities.. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It allows me to maintain client compliance with risk tolerance parameters. ### 33. Solid tool for competitive analyis **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.) **Reviewed Date:** August 13, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I find the competitive information the most valuable, following by the ability to quickly access profiles for mutual funds and ETFs. Furthermore, the ability to create investments lists and model portfolios that you can save is helpful. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** it doesn't have very detailed information like industry weightings that go beyond sector weightings or the ability to download rolling relative performance (i.e. historical quartile rankings). Furthermore it can take time to build lists and model portfolios - it could be more user friendly there. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It has access to more funds and ETFs than our firm's internal tool and it is much better at dowloading data across universes and specific investment lists. ### 34. The best investment analysis platform in the market by far. Essential to the investment industry. **Rating:** 5.0/5.0 stars **Reviewed by:** Ian W. | Manager, Client Operations, Small-Business (50 or fewer emp.) **Reviewed Date:** August 20, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** All the data required is seamlessly integrated into the software. It is used as my starting point for investment analysis. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Nothing. Sometimes the data isn't available for certain funds but that's something Morningstar can't control. They just analyze what they're given. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It allows us to analyze investment portfolios for clients to determine the gaps & how it can be improved. Clients love the reports & detailed analysis. ### 35. Good tool for Model Management **Rating:** 4.0/5.0 stars **Reviewed by:** Philip K. | Wealth Management Analyst, Small-Business (50 or fewer emp.) **Reviewed Date:** June 26, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** One of the nicest features is the ability to pull up the model statistics without having to open a draft pdf. It will save a lot of time, especially when comparing models. Another thing that is nice is the comparison between different etfs and mutual funds. Before, you were not able to click compare on an ETF for example and then switch to the mutual fund tab. Overall, the presentation tools for the data analysis appear streamlined. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I have not used the software enough to determine what I dislike about the product. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** The main thing it is solving is the ease of access of portfolio statistics. Having it all in one easy to access page instead of opening a pdf is nice for comparison. ### 36. Best tool for Advisors **Rating:** 5.0/5.0 stars **Reviewed by:** Geoffrey K. | Financial Advisor / Registerd Rep, Small-Business (50 or fewer emp.) **Reviewed Date:** February 27, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I have been using Morningstar since their information was available on floppy disks. The information has gotten better and better. Analyst ratings have helped me take business from other Advisors who have chosen negative or neutral analyst reviews. People like to know that their advisor is putting them in well-rated investments. Customer service is excellent. They have helped me manage custom sorts and reports. I use it every day, multiple times during the day. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** My only issue is with the drop down menus. The subcategories are in no particular order. Would be nice if they were in alphabetical order. This is an issue since I have been using the product and it has only gotten worse as more information has been added. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Makes it easy for me to compare what other advisors have in clients portfolios and how I can make their portfolio better ### 37. Great tools. Price is too high. If you can't reduce your rates for LPL's 29k FAs, please say why. **Rating:** 4.0/5.0 stars **Reviewed by:** John S. | Financial Advisor, Enterprise (> 1000 emp.) **Reviewed Date:** March 07, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like the granular detail that is available in Morningstar. The tools available to search based on a given set of criteria is excellent. I use it almost every single day. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The fees. I feel that the $186.75 being charged to each advisor / LPL branch is excessive. With over 29,000 LPL advisors it seems that my firm would or at least should be offered much more favorable rates. My questions is, how much is Edward Jones paying for each of their 20,000 advisors. I worked there for 7 years and one thing that I learned is that they negotiate their suppliers down to the bare bones. If you were to ask me what a fair subscription rate would be, my answer would be about 50% of the current rate, or $95. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Researching funds with particular criteria and portfolio construction ### 38. Good comparison tool, portfolio builder **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Investment Management | Enterprise (> 1000 emp.) **Reviewed Date:** September 17, 2024 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Easy to use tool to research for KYP purposes, comparison tool for different funds, research notes for individual stocks are also useful from time to time **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Not all functionalities are easy to learn, I seem to only use the same features that I am familiar with **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Mandatory KYP research, building a hypothetical portfolio for client presentation ### 39. Clearer Information and a Cleaner, Improved Home Page **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The information is now clearer and much easier to locate. The home page has also improved and looks cleaner. The compare feature is nice. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Researching a fund/ETF does not seem as user friendly. That may just take some getting used to though. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Easier access to information about investments which helps with research and investment decisions. ### 40. Cost-Effective Portfolio Analysis Tool with Intuitive Features **Rating:** 3.5/5.0 stars **Reviewed by:** Jay W. **Reviewed Date:** August 20, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I find the Morningstar Direct Advisory Suite two-thirds the cost of its competitor, which significantly impacts my decision. The platform offers user-friendly portfolio functionality with new intuitive layouts, enhancing my usability experience. The setup was pretty straightforward, which I appreciated. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** too early to say anything I dislike. It's a marked improvement over any of the previous products I have used, which were not bad, but this should be good **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I find the product cost-effective and user-friendly, with intuitive layouts and more portfolio functionality than competitors. ### 41. Flexible Features That Fit My Needs **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like that it allows me to create a more personalized look at my client's portfolios. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I find it lacks some of the functionality that the normal morning star has. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It allows me to put portfolios together that meet certain compliance criteria and to produce documents that clients can easily decipher. **Official Response from Storey Sheriff:** > Thank you for taking the time to review Direct Advisory Suite. We are working to add more features to this newer platform and hope you find them useful. ### 42. Modern interface, but lacks new features and functionalities **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Enterprise (> 1000 emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** The interface is now more modern and polished. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** In my opinion, some features are missing and there aren't enough new things. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I use this tool to conduct comprehensive portfolio analyses for my clients. It also allows me to effectively compare different financial products. ### 43. My experience overall has been satisfied, I just hope more data points are reintroduced. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** October 24, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It combines creation of worklist/fund data and provides timely articles for review. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I dislike Morningstar Direct Advisory Suite due to the reduction in research customization capabilities when compared to Morningstar Office. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Fund research and articles updated on a daily basis, helps stay relevant. ### 44. Investment Proposal Needs Work Despite Robust Data and Reporting **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** February 04, 2026 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Robust data and variety of reports to get a better glimpse into portfolio **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Investment proposal is lackluster relative to morningstar office's. not sure why its so different **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Portfolio management ### 45. Good product that I use fairly regularly. **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Investment Management | Enterprise (> 1000 emp.) **Reviewed Date:** August 25, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Importing portfolios to see performance data. Creating lists to compare holdings. Graphing performance charts. When importing portfolios I have added my symbols to link them to specific stocks. For example my system exports stock symbols as ".L" would be Loblaws **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Many of the reports are overly complicated for clients. There should be simplified versions, or take existing reports and spread them among multiple pages to ease my eyes. Importing portfolios needs to have the option to not put quantity, and only do market value. That would save me a lot of time. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** quickly seeing performance data and comparing funds. Quick graphs to visually compare. Sometimes present data to clients. ### 46. Excellent Analysis, But Feels Limited **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** October 22, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It offers great investment analysis. The reports are very sleek. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** It limits the number of accounts that you can include in an analysis **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** It allows us to see how prospects are invested. This gives us insight to where we can add value. ### 47. Hard to Cancel -- Read Fine Print **Rating:** 1.0/5.0 stars **Reviewed by:** Donald P. | Branch Manager, Financial Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** March 10, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Customer Support. Integration -- Link to my client data base at Raymond James. Number of Features. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** You do NOT take "Information Ratio" into account within your metrics. Not very intuitive to use. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** I have not used MorningStar in over one year. I tried to cancel my service -- but was denied. Below is a sample of cancellation terms by Adobe Software, "cancelation terms" that are quite common within the industry: [ Your renewal notice Your annual subscription will renew automatically on 10-April-2025 (PT). The renewal details are outlined below. You will be charged US$155.88 (plus applicable taxes) annually. Your subscription will automatically renew annually until you cancel (price subject to change). Cancel anytime via Adobe Account or Customer Support. ] Although you bill me monthly, the annual terms of your agreement that are buried in the fine print of your "terms" only allow for cancellation right before the renewal date -- very bad for your business!!!! ### 48. Great Software for Hypothetical Portfolios & Portfolio Analytics **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** March 07, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I have used Morningstar Advisor Workstation for several years now and it has been very helpful in my advisory practice. Advisor workstation has so many features but the ones I use most are the hypothetical illustrations to review prospects portfolios and the portfolio reports to generate reports for current client. The hypothetical & portfolio reports give you so much data in a clear and concise format that is easy to present to clients. There is also great research on mutual funds that I frequently utilize. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** One of the only downsides I have found to advisor access is within the hypothetical illustrations, they only allow 40 positions. This is typically enough but on occasion I run into prospects with more than 40 holdings and I will have to use proxies for small holdings. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Morningstar Advisor Workstation is the primary reporting software we use for reviewing prospect portfolios and our clients outside investment accounts. This software is super helpful and gives a detailed breakdown of sectors, geographic exposure, growth vs value, beta, std dev and any other factors that would be useful in reviews with clients. It is also well organized and I get compliments from prospects constantly about how professional our booklets look, ### 49. Easy to use fund analysis software **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** March 05, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** One of the biggest upsides of using Morningstar Advisor Workstation is the breadth of information that can be found on the platform. Morningstar always provides the data that our firm is looking for whether it is information on the holdings of a mutual fund, a client's portfolio risk score, or historical returns on a security. There are also a lot of ways to customize the way that you find and sort data. Our firm has been able to create custom views in order to display the information that we feel is most relevant when running searches which saves us time. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** Something that has been challenging for our firm when using Morningstar Advisor Workstation is it has been difficult to get a hold of the customer service/support team when we have a question or issue. Occasionally it takes several email/phone call reminders to them before we hear back from a member of the team. They do provide great informational webinars and other training resources that is helpful, but when an issue arises that has no outstanding solution it can be challenging to reach a team member. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** Morningstar Advisor Workstation is helping to optimize our clients' portfolios more efficiently by allowing us to run comparisons of funds and strategies to existing holdings in an account. This helps to improve client's overall portfolio while maintaining their comfortability in investing and risk taking. ### 50. Modern Experience **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Investment Management | Small-Business (50 or fewer emp.) **Reviewed Date:** August 14, 2025 **What do you like best about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I like being able to see headlines and market performance easily on the landing page. I also like the updated screening tool. **What do you dislike about Morningstar Direct Advisory Suite (formerly Advisor Workstation)?** I think it's still too difficult to get to where you download a Morningstar page or Morningstar reports. This is the main need of our firm. **What problems is Morningstar Direct Advisory Suite (formerly Advisor Workstation) solving and how is that benefiting you?** The problems that M* helps us solve is getting detailed information on funds to be able to have productive conversations with clients. - [View Morningstar Direct Advisory Suite (formerly Advisor Workstation) pricing details and edition comparison](https://www.g2.com/products/morningstar-direct-advisory-suite-formerly-advisor-workstation/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-13+00%3A27%3A47+-0500&secure%5Bsession_id%5D=9a2130e9-ecf8-4dde-b7a6-d081653d5a5b&secure%5Btoken%5D=5cd0740bcd6c5ca3f2fddf59051663591a0a0f55d936779bdcf94722f5d2ab80&format=llm_user) ## Morningstar Direct Advisory Suite (formerly Advisor Workstation) Integrations - [Black Diamond Wealth Platform](https://www.g2.com/products/black-diamond-wealth-platform/reviews) - [eMoney](https://www.g2.com/products/emoney/reviews) - [ExtremeSwitching (formerly BlackDiamond)](https://www.g2.com/products/extremeswitching-formerly-blackdiamond/reviews) - [FactSet Workstation](https://www.g2.com/products/factset-workstation/reviews) ## Morningstar Direct Advisory Suite (formerly Advisor Workstation) Features **Financial Information** - Data Visualization **Functionality** - Customizable Reporting - Market Analytics - Investment Accounting - Real time - Compliance - Customizable Reporting **Analysis** - Financial Analysis - Charting - Risk Analysis **Integration** - Data aggregation - Accounting Integration - Risk Management **Market News** - Alerts and Monitoring - Market Information - Market News **Agentic AI - Investment Portfolio Management** - Multi-step Planning - Cross-system Integration - Adaptive Learning - Proactive Assistance **Platform Basics** - Mobility - Interoperability **Agentic AI - Financial Research** - Multi-step Planning ## Top Morningstar Direct Advisory Suite (formerly Advisor Workstation) Alternatives - [FactSet Workstation](https://www.g2.com/products/factset-workstation/reviews) - 4.3/5.0 (35 reviews) - [eMoney](https://www.g2.com/products/emoney/reviews) - 4.7/5.0 (67 reviews) - [Seeking Alpha](https://www.g2.com/products/seeking-alpha/reviews) - 4.1/5.0 (30 reviews)