Fund researcher Morningstar said today that it will provide components of its online analysis tool to Merrill Lynch Investment Managers.

The product, known as the Advisor Workstation, offers a number of analysis, research and presentation tools via the Web. Merrill representatives will use the tool create NASD-compliant presentation packages, Morningstar said.

Chris Boruff, president of the Morningstar unit that developed the tool, said the deal with Merrill represents another phase in the product’s development: customizing the tool for broker-dealers.

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