Morningstar Bewertungen 130

UPDATE 30TH Jan. The site was working for a few days last week which was great, however its been down again for 48 hours and I'm told there is no ETA. Its impossible to rely on this service.

I have the UK site premium portfolio manager and there are major problems every week. I like the info on stocks and the Simple portfolio manager. However the portfolio summary screen has had numerous problems for months. It didn't pull UK stocks for a while, then (and let's face it, this is not technically difficult) didn't add up for a while, then it wouldn't sort or correctly calculate gains. Now it is impossible to see my portfolio (for days) or even click from elsewhere to get stock info. I really want this to work but it's the worst built system I have ever come across.

I have paid for Morningstar premium for a number of years. The portfolio monitoring facility is useful. I have had a number of incidents when I couldn’t access my portfolio. The latest started with the X-ray facility stopped working. This was reported. A few days later I could not access portfolios at all. The customer support is slow. The issues are still not resolved after 10 days.

What they offer I find very useful especially the X-ray and portfolio tool, the problem is the website never works properly and when you email them all you get back is it’s a known problem. For the last few weeks X-ray hasn’t worked and now it’s impossible to even access your portfolio, I’m referring to the UK site which I use. Will be cancelling my £20 a month subscription as it’s just not worth the grief.

Maybe other reviewers are seeing a different website to me, but personally I find Morningstar to be an amazing service. After a free trial I was happy to pay the high price for premium. As a value-focused investor, their detailed analysis and valuation of companies saves me a lot of time and energy. I sometimes disagree significantly with their valuations, as they often focus more on growth prospects than historical performance. However, this provides a valuable additional layer of safety to my investment process and has prevented a few bad choices. I also really enjoy the user interface of the website and the partnership with Sharesight for portfolio performance tracking.

Abysmal experience. New "improvements" were the opposite. They have no idea what advisors need. Inconsistent quality of data, brutal search refinement capabilities.
Finally, I gave up. Went to cancel, and of course, I could not online. In fact, even though I was logged in, my account subscription info page was blank!
Called to cancel; no interest in understanding the problems. Just doing their job. This ship is going down...

Morningstar, for many of us, has always been a go to for research and portfolio tracking. Not anymore. They busted the retail investor tools with the worst Investor tools. They are built overseas by rude and nonresponsive personnel.

The portfolio tracking DOES NOT WORK, its incorrect and cannot be relied upon.
The current CEO, Kunal Kapoor, needs top be relieved of his duties. He has poorly managed the company. I tried to get a refund, forget about it they said. Live with our junk....They just don't care.
Avoid them at all cost.

Signed up to Morningstar UK premium. The website wouldn't allow me to subscribe so had to call the customer service phone line. After subscribing to premium realised the website was terrible, slow and lacked information that it was suggested of having.
After this I signed up to Morningstar US premium, which is a lot better so if you want the subscription pay for US. I tried cancelling my UK subscription in the free trial period and was told it had been done, guess what? Today I'm billed £159! So I call the customer service again, they tell me they'll rectify it. And even though I specified the UK subscription they have gone and refunded my US subscription and not the UK one (bearing in mind I want the US one).

Overall: terrible website, lack of info for the price and terrible customer service (with email replies being slow and phone operators lacking intellectual ability).

I've tried everything to login and pay for a premium subscription but it just takes all the details and then loops back to the start of the whole process. Have contacted Morning Star, no response. Very very poor.

I have been a Morningstar Premium member since 2008. As a stock investor I have to say that I really liked how they compiled data on stocks, providing ten years of data, making it easy to see trends in a company. The "Key Ratios" page was wonderful and compiled a decade worth of data at a glance. It also had accessible tabs to more information based on percentages of revenue which made it easy to compare competitors.

The problem is they frequently reformat the website, making the data hard to find, or worse yet, eliminate it entirely. Over the years, it seems as though they are more interested in making the website "pretty" than in providing the data. This has happened several times that I have been a member. Each time you need to spend time learning the new formats and how to access the desired data. The problem is, I believe, that the people who revamp the website are designers and not investors, for they seem to always take out important data while introducing pretty new bells and whistles. Stupid, stupid, stupid...

The final straw for me is that they have eliminated "Key Ratios", replacing it with "Key Statistics" which does not have the same data, and requires you to click on more pages. I don't know if they get paid per click, but it is very frustrating, and worst of all, the most important data has been removed. As others have also written, their customer service is tone deaf. Each time the website is redesigned, I call and remind them that the data is more important than how pretty the page looks. To the best of my knowledge, they have never listened. Their tech support/customer service is in India, though the company is headquartered in Chicago. The tech support people do their job correctly, but customer service is very poor and it is virtually impossible to reach anyone in Chicago whose job to customer service related.

What has kept me over the years is the decade of compiled data for stocks, and the cost of membership being reasonable... under $200 per year. Unfortunately, the removal of Key Ratios is the final straw. I discovered this comment page while searching for "morningstar alternatives", and if I find another website I will not be renewing my annual membership.

I hope the C-Suite at Morningstar is listening, because I don't think customer comments and concerns via the Indian call center are making it to Chicago. It is a shame that this is what it takes to get their attention.

Morningstar is planning on changing the display fir showing portfolio information. It still provides its old legacy display but it is NOT accurate. Whereas a quote for an individual stock eg AAPL, is accurate, the summary tables in the portfolio are not. The Forward Dividend Yield has been listed at 0.66% every day for weeks, even though it changes daily and is currently 0.58%. I can no longer rely on the accuracy of Morningstar, and although I have written 3 times to point out the error, it has not been fixed, and no one responds.

Old version was very useful. Offers some great features and analytic tools.
Premium version is a disappointment.
Cannot access all of the features in premium version. No flexibility in display of information.
Print and download to Excel features are more cumbersome.
Customer service is nonexistent. Zero!
Arrogant policy of not accepting cancellations for a year shows a disrespect for customer.
I will not renew premium version if changes are not made.
If your needs are for portfolio management and basic analysis, there are plenty of other low cost and free options. Yahoo for example.
Definitely do not recommend at this time.

New update is terrible. There is no way to see Key ratios, and no simple way to se financial statements. I will proceed with the cancellation of the registration

The new "Investor" is absolutely dreadful. A mere shadow of it's original "Premium" self. Really hope they are taking subscribers comments to heart about changes that need to be made.

It's an ok service, but definitely not for the price it's at. Needs to come down at least 2x or 3x!

[Note also their reply below. 3 years for a vacuous reply not addressing any specifics. I rest my case about their customer focus.]

Some fund and stock info (widely duplicated elsewhere however).

The tools could be useful, but like many reviewers I have serious doubts about relying on any of them or the information contained.

I’ve often hit errors when trying to access a premium feature (just getting an unhelpful error instead of being able to access an offered trial or sign-up) meaning that I’ve abandoned any intentions to try out the premium tools for long term use.

Another example is %market weight in the portfolio tool giving just bananas random percentages bearing absolutely no relation to what is a very simple calulcation.

I’ve reported but got a fairly standard “the issue’s been escalated”. I did offer to help the devs with their sums, so we’ll see :-)

My career has been in software engineering and as a CIO and CTO. If I’d allowed this sort of thing out the door or not fixed it within one day, I’d not have been in my job the next day. Destroying an essential brand characteristic thorough inadequate basic testing would have been unforgivable.

Unfortunately, interactive investor also uses some of Morningstar under the covers so I’ll need to consider whether I can stay with them also.

I have had ongoing problems with stock prices not being updates, solved twice over the last year.
Now I notice the investment value total column adds up wrongly.
MS said this is a known problem being worked on!! Three weeks on, no fix.
I also use Yahoo finance now.

Morningstar is a top-class information provider and is the only one to provide certain data and analysis. They employ tens of economics PhDs and their Morningstar Direct appears to be a good offering for professional advisors.

Here I'm discussing Morningstar Premium which they offer to retail customers. Sitting on a treasure trove of data, it manages to set underperformance standards for a paid SaaS offering in 2022.
- An error in their ETF pricing wiped out 99% of a holding and displayed a huge error on the site product page; they fixed it 40+ days after my signaling it
- If subscription renewal fails due to credit card expiration, they don't bother to tell you (happened twice in 4 years)
- The "search security" feature occasionally stops working and may stay so for several weeks.
- Their "portfolio report" was attaching empty pages to the PDF for the last two years ((discontinued since Jan'22 due to 'problems')
- The software used to build the service was good for the year 2008 or so (Java Server Pages?), not updated since, except for a change in font.

Obviously the service is marginal to their business and is purposefully neglected. Perhaps they don't want to improve it, to avoid professionals using this instead of Morningstar Direct. They don't care about tarnishing their brand because their market is B2B.

Having said that, the service is unique and at a low price, I will renew as soon as they fix the security lookup and I can update my portfolio.

Stock advice pathetic. Buy ratings for months even years for such stocks as Magellan, AGL, Pushpay which have halved or more in their price. Morningstar wealth destroyers.

I'd like to know who the CTO of this company is and why he/she hasn't been fired. An archaeologist should have a look at the site and it's search function - it's like something from 1991!