Morningstar AdviserLogic and Sharesight have joined forces to help financial advisers power their business with comprehensive tax and performance reporting, research tools, CRM and much more. Connected via the AdviserLogic API, Morningstar AdviserLogic and Sharesight have come together to create a great solution for advisers who want to save time, automate their practice, and build better relationships with their clients.
What is Morningstar AdviserLogic?
Morningstar AdviserLogic is a financial planning software that empowers your advice business with modern, easy to use, time-saving features. With the acquisition of AdviserLogic in 2019, Morningstar has invested significantly in delivering a technology solution capable of meeting changing client expectations, evolving regulatory environments, as well as integrating with existing systems to help you achieve your practice goals. Morningstar’s financial planning and practice management software, AdviserLogic, brings together the tools to help run your business — CRM, risk profiling, research tools, projection modelling, document generation, and compliance — in one powerful solution.Why has Morningstar AdviserLogic connected to Sharesight?
At Morningstar AdviserLogic, our goal is to simplify financial planning for our advice community by providing modern, secure, easy to use features for goals based financial planning. However, we’ve noticed that many advisers still struggle with managing corporate actions for their clients. Client portfolios can be inaccurate if off-market transactions are not automatically picked up by data feeds. There's no denying that dividend management without a platform can be time-consuming and stressful for advisers. By integrating Morningstar AdviserLogic to Sharesight, advisers can keep a close eye on their clients' portfolios to offer proactive timely investment advice and performance updates. “We are excited about the capabilities this strategic alliance will bring to our advisers,” says Ivon Gower, Director of Financial Planning Products, AU/NZ, Morningstar. “When it comes to corporate action processing, accuracy and efficiency are key to supporting advisers to manage off platform holdings. We saw Sharesight’s investment management capabilities as an ideal solution.”Why financial advisers should connect Morningstar AdviserLogic and Sharesight
- Simplify portfolio admin: Imagine client portfolios that are always up-to-date with the latest trade, currency, and corporate action data. Use your new-found time to grow your practice and strengthen your client relationships.
- Focus on your clients, not your technology: As pre-built strategies, research and portfolio analysis, comprehensive tax and performance reporting are all taken care of, you'll have more time for client-care activities such as forward-looking investment conversations, optimising long-term goals and delivering ongoing peace of mind.
- Effortless setup with automatic updates: Investment balances are all imported in just a few clicks. Sit back and watch as share prices, currency effects and corporate actions such as dividends, DRPs and share splits are automatically incorporated in Morningstar AdviserLogic.
