Netwealth selects Morningstar to provide software tools
Morningstar Australasia has been selected to provide software and research tools to financial advisers using Netwealth investment and superannuation platforms.
Under the agreement, advisers will have access to Morningstar's proprietary FundScreener tool and fund profiles through the Netwealth website.
Selected advisers will also be able to use the Adviser Research Centre, a web-based solution aimed specifically at dealer groups and advisers.
"Following an industry-wide tender, we found the coverage and quality of Morningstar's research to be first-class, and the technology underpinning the delivery excellent," Netwealth executive director Matt Heine said.
Recommended for you
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
With many advisers preparing to retire or sell up, business advisory firm Business Health believes advisers need to take a proactive approach to informing their clients of succession plans.
Retirement commentators have flagged that almost a third of Australians over 50 are unprepared for the longevity of retirement and are falling behind APAC peers in their preparations and advice engagement.
As private markets continue to garner investor interest, Netwealth’s series of private market reports have revealed how much advisers and wealth managers are allocating, as well as a growing attraction to evergreen funds.

