Morningstar for Advisors iPad Applications
New Practice Dashboard added to Morningstar for Advisors App
Morningstar for Advisors iPad Application
With the new Practice Dashboard feature in the Morningstar for Advisors app, you’ll be able to quickly and easily evaluate your practice-level data. Data is calculated nightly, so all data reflects previous business day activities. Accounts not included in the aggregate - such as held away accounts - will be excluded from the Practice Dashboard statistics. Additionally, the dashboard shows transactional activity only, meaning Quick Accounts will not be included in this view.
New Benefit for Total Rebalance Expert (tRx) and Back Office Services (BOS) Bundles Subscribers
Tools>Export>Account Positions by Lot
Morningstar Office bundle subscribers now have the option to have open tax lots imported directly from certain custodians into tRx for tax lot harvesting purposes. If subscribers choose not to import open tax lots, tRx will continue to use Morningstar calculated open tax lot information. Each day, custodian generated open tax lot files will be overridden, so it’s important to continue to keep a record of closed tax lots within Morningstar Office.
Note: Currently Schwab, TD Ameritrade, Fidelity, and Pershing will provide open tax lot files to import.
To include cost basis in your scheduled export to tRx, do the following:
From the top tool bar, click Tools...Export...Account Positions by Lots.
From the Schedule Export section, click Create Export Schedule.
After you select your frequency and Start Time, select Total Rebalance Expert (tRx).
Select Upload to rebalance tool when export is done. A new field will appear.
Select Using Import Open Lots CB.
Enter your e-mail address into the notification field.
Click Save and Close.
Rixtrema Portfolio Crash Testing (PCT) and Morningstar Office Now Integrated
portfoliocrashtest.com
Office subscribers who also subscribe to Rixtrema PCT can now pull in client and account positions from Morningstar Office into Rixtrema to perform stress testing.
Click here 
for detailed instructions on how to enroll in this integration, and how to pull Morningstar Office accounts into Rixtrema.
Tax Rate Annual Update
Client Management>Clients>Client>Client Profile>Tax Information
Investment Planning>New Plan
Tax rates in Morningstar Office have been updated for 2016. This update affects federal tax rates entered into your client's profile as well as entered into new Investment Plans.
Learning Center Redesigned
Home>Learning Center
The Morningstar Office Learning Center has been redesigned to more easily and efficiently locate videos and training documents to aid in your daily tasks.
The Learning Center has been moved to its own page under the Home tab, and documents are separated by beginner, intermediate, and advanced level sub-pages. In addition, you can now register for live events coming to your region, and keep abreast of valuable research insights.
New Training Materials Added
Home>Learning Center>Online Training
A new training process, Building your Reporting Package in Morningstar Office, has been added to the Learning Center. This process will provide step-by-step instruction on how to build a report package for your client from initial set-up through troubleshooting performance errors.
