Research tool will expand adviser access to research: Douglas

MyFiduciary revealed last week that it had partnered with Morningstar to allow financial advice firms access to a MyFiduciary version of Morningstar’s Adviser Research Tool.

Morningstar’s ARC is a web-based tool designed to support financial advisers and brokers by providing independent research, data and market commentary on a variety of investment vehicles including managed funds, shares, exchange traded funds, and listed investment companies.

Douglas said MyFiduciary had been looking for a way to provide its services to a broad range of New Zealand advisers, to find the best way for them to access its investment insights, model portfolios and asset allocation views and research.

He said the Morningstar platform was well supported in Australia and there was the potential for it to grow in New Zealand.