Regulation and Compliance Tools
Advisor Workstation weaves key regulation and compliance steps directly into investment planning, proposal generation, and client reporting workflows, so you can be confident your advisors are providing advice that’s not only great, but compliant as well.
Due Diligence Module
Make recommendations in accordance with CFR and Reg BI.
Ensure advisors compare their recommendations against reasonably available or a reasonable range of alternatives from your firm’s product shelf.
Notes can be added directly into the workflow for any funds that don’t meet suggested investment criteria, providing complete documentation on a final recommendation.
Enterprise Analytics Compliance Dashboard
Monitor how proposals stack up against the regulatory landscape.
The Compliance Dashboard flags client-facing reports for review if they fail to meet your key proposal criteria, helping your team achieve targeted regulatory oversight.
Customize the parameters to ensure alignment to the nuances of your compliance programs.
Scenario Builder
Evaluate investment choices when testing portfolios on past performance or hypothetical scenarios.
An interactive, hypothetical-scenario tool that aligns to the SEC marketing rule.
Flexible parameters allow compliance teams to more easily meet firm-specific compliance programs while equipping advisors with the tools they need to personalize their recommendations.
Morningstar Risk Ecosystem
Meet the higher standard of client care associated with CFR and Reg BI.
Meet the know-your-product and know-your-client regulatory requirements in a single workflow. Match your clients’ risk profile and financial goals to your investment recommendations to demonstrate “best interest” advice for each unique investor.
Best Interest Scorecard
Maintain alignment with the DOL PTE and Reg BI.
Tap into Morningstar’s 401(k) plan database and plan-fee benchmarks, and get credit for personalized advice services, to demonstrate the value of doing a rollover versus staying or reallocating within the plan.