Morningstar Office Update Fall 2008

CRM

Client Web Portal – upload Morningstar reports to a secure Web site for viewing by clients. Customize site with advisor logo.
Select Microsoft Outlook as your email server to send PDF reports to clients.
Institutional Permission Levels - New Office Administrator Role can be set up to control Multiple Advisor’s clients
Client Profile fields added: Contract Signed On date, Annual Review date, Report Name, Report address, Search Tags.
Client Rank – assign and sort based on customizable rankings within the client record
Client Search – flexible search using 21 new search criteria to find clients. Search criteria can be saved.
Assistant Upgrade – Assistant will have independent calendar and email address.
10 new alert types with recurring alert option.

Planning Module

Red left navigation icons indicate required pages.
Export grids from Investment Plans to Microsoft Excel.
Edit assumption values directly within the Market Assumptions screen.
Enter cost basis when creating a generic account for a plan.
Define generic accounts as taxable or tax-deferred.
Save default constraints for the Efficient Frontier graph.
End Wealth values displayed under percentiles on Forecast Comparison graph.
Enter income other than employment income on the new Other Income screen.
Specify a Locked Maximum Value that can be allocated to a specific security on the Allocate screen.
Number of Shares column added to the Action Plan screen, displaying the number of shares to buy or sell.
Create and save multiple custom report templates on the Reports screen.
Restore default titles and descriptions for report sections – after modifying a report, you can bring back the default section titles and text.
Add group headings to your custom reports.
Security-Level Allocation Table – override the Morningstar classification of securities in the Morningstar database from the Definition Master.

Workspace

Use new arrow buttons to shift multiple items up and down in an investment list.
Rebalance out-of-balance accounts or all accounts attached to a model portfolio.

Research

Suggest search - investments are suggested as you type in the Search for box.
Find data points by “Name containing”.
Export from the Search dialog box – use new icons to export search criteria to Microsoft Excel or a PDF file.
Right-click a data column header in Research to view a definition of that data point.
Oldest Share Class data point added to the Find Securities result display screen.
Fund vs. Fund available for Non-US Mutual Funds.
Select a favorite universe, search, and investment list – add favorites by right-clicking or using the Favorites menu.
Price Monitor – track securities in the Price Monitor window.
Ratio, Growth Ratio and Fundamental data points added to Stocks universe.
New Global Stocks universe - over 19,000 stocks available.
New Global Indexes universe - over 32,000 indexes available.
Search for SEC filings for investments on the Document Library page.
View holdings for funds by right-clicking and selecting View Holdings > Detailed Holding Analysis.
Generate a single report for securities from different universes and up to two benchmarks with the Investment Summary report.
New Suitability Manager tool for variable annuities and mutual funds. Go to Tools > Suitability Manager.

Import

Process stock only, cash only, or cash and stock mergers with the Merger/Exchange Wizard in the Corporate Actions Wizard.
PNC Global Investment Servicing added as an import source.
DST FANMail table – display a spreadsheet of the fund and VA companies you are importing as well as the dates for the available account master, position and security files.
Display summary-level grand totals and error totals for the various blotters.
View new or existing accounts on the Accounts blotter.
Last Custodian File Date listed on the Accounts blotter.
Global Transaction Blotter/Batch Import - for admin users, import and reconcile accounts for multiple advisors.

PAS

In the account window, view return and risk statistics on the new Account Performance page.
Daily average balance billing – for billing in arrears, bill by end balance or daily average balance.
Billing setting at account level.
Billing setting at group level.
Billing setting change at client level.
Select all for fee data generation – generate fee data on all clients, groups or accounts.
Generate fees when running a billing statement if fees are not already generated.
Add PDF X-Ray report for Practice.
Currency conversion in analytical reports.
Account Aggregate saved as reference instead of another account.
Reclassify securities on the new Reclassification page of the Definition Master.
New Model Portfolio field on the Account Setup screen.
Tolerance field added to model portfolio setup.
New Fixed Income Database.

Portfolio Reporting

Batch reporting
- Allow for custom fee generation.
- Select custom rolling dates.
- Add weekly and daily cycles.
- Add composites as target group.
Create a custom, standalone cover page.
Add disclosures to a cover page or billing statement.
Calculate and display account to debit on billing statement.
Select Market Assumptions (Basic, Consolidated, Expanded, User-defined) to display on Current vs. Target Asset Allocation and Current vs. Model reports.
Account Statement modifications
- More flexible date range selection.
- Suppress / Display specific sections of report.
Performance Summary Report
- Option to display different time frames on report
- - YTD and prior years.
  - Rolling time periods.
- Display benchmark return for period selected.
Exclude unmanaged assets from Assets Under Management report.
Add symbols to various accounting reports.
Account Performance
- Set up custom time periods to calculate performance data and rank against Morningstar Category.

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