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Morningstar Australasia Partners With Netwealth
Vanessa Doctor
5 October 2012
Morningstar Australasia, the wholly-owned subsidiary of investment research firm Morningstar Inc, has been chosen to provide software and research tools to financial advisors using the investment and superannuation platforms of Netwealth. Netwealth has a network of around 1,100 advisors across Australia who collectively represent around A$5 billion (US$5.1 billion). By adopting Morningstar's capabilities, advisors will have access to the Morningstar FundScreener tool and fund profiles. Selected advisors will also have access to the Morningstar Advisor Research Centre, a web-based solution designed for advisors and dealer groups. Morningstar provides data on stocks, mutual funds and similar vehicles and operates in North America, Europe, Australia and Asia.