Meghan Burti

Morningstar has enhanced its Web site for financial advisors by adding a new set of online tools.

The Morningstar Advisor Workstation combines daily updates of stock and mutual fund information, daily security and portfolio level alerts, portfolio analysis and asset allocation tools, hypothetical illustrations, client management tools, and individual and batch report processing capabilities. It also provides institutions and their representatives with flexible Web-based research, planning and proposal tools.

Advisors may register for a 30-day free trial of the Workstation by clicking on the "Workstation" tab on MorningstarAdvisor.com.

MorningstarAdvisor.com was launched in mid-2000 and currently has close to 60,000 registered users. The site offers Morningstar reports on more than 24,000 stocks, mutual funds, exchange-traded funds, and variable annuity sub-accounts.

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