Madisons selects Morningstar for research
Madison Financial Group has selected Morningstar Australasia as its investment research provider.
Morningstar said it is providing Madisons' advisers with research on managed funds, exchange-traded funds, stocks and hybrids, as well as economic and investment commentaries through Morningstar's Adviser Research Centre.
Madisons general manager Jeff Lehner said the group evaluated a number of offerings and determined that Morningstar's suite of research and tools was the best fit for its existing needs and for the ongoing development of the business in a Future of Financial Advice environment.
Madisons has 80 financial advisers and around $2.7 billion in funds under advice.
Recommended for you
Two commentators have shared why the inclusion of alternatives in a diversified portfolio shouldn’t be a simple switch with a traditional asset and will depend heavily on clients’ objectives.
Morgans chief executive, John Clifford, has announced he will step down from the wealth management group after eight years leading the business.
Funds under administration on the BT Panorama platform have passed $120 billion in the last six months as it progresses its migration of Asgard into the platform.
Private markets may be the hot topic of the day but two financial advisers have shared the red flags to consider and why advisers shouldn’t be tempted to invest solely in the pursuit of higher returns.
