Morningstar acquires AdviserLogic

Research and ratings House Morningstar has acquired adviser software firm, AdviserLogic.

The company announced today that Morningstar Australasia Pty Ltd had acquired AdviserLogic in a transaction expected to be completed by the end of the month.

The parties did not disclose the terms of the transaction.

Commenting on the transaction, Morningstar Australasia managing director, Jamie Wickham said the company believed in the value of financial advice and was excited to expand its ability to support advisers.

“Financial planning software is at the heart of the advice process,” he said. “Combined with Morningstar’s deep data, analytics and research, AdviserLogic’s focus on user experience and advice workflow will enable us to elevate and differentiate our technology solutions.




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Perhaps we will finally see a genuine competitor to Xplan, I hope it drives better service, functionality and pricing for all concerned.

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