Poor fact sheet and product risk transparency e.g. if filtering on global fixed interest products, in most cases cannot see in what countries the “global” bonds are issued and the denominated currency... See more
Company replied
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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 canc... See more
Company replied
The reviews of individual stocks, funds and ETFs are good. Their suggestions for investing are so-so, touting a good dividend payor who hasn't increased its divdend in years! But the real problem is... See more
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Total rip off. I had cancelled my subscription and because they have a s***ty system, I still had to cough up $34.95, even though I screen printed my cancellation. Apparently I was supposed to get a c... See more
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1.8
Poor
130 reviews
Replied to 77% of negative reviews
Typically replies within 2 weeks
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Trial Membership Can't cancel on…
Trial Membership Can't cancel on weekends
You can't remove your credit card
you can't cancel online
You can't delete your profile
You can't email to cancel
You must call between normal business hours.
It's Saturday and I did not know this.
I called my bank and they will assist me to contest this.
If the service is so good why do they make it so hard to cancel? Well I wanted to cancel because the service does not deliver as promised. If they did, I would not cancel. This is a 7B dollar company I am shocked.
I will call on Monday, but if the bank can't prevent the charge, then I will have to beg for my money back.
November 2, 2019
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at joe@morningstar.com or give us a call on +1 312 424-4288.
Thanks again for helping us improve!
Regards,
Morningstar
Tried signing up for a premium…
Tried signing up for a premium subscription. Didn't work, tried calling customer services was like pulling teeth. Useless.
October 28, 2019
Unprompted review
Reply from Morningstar
Thank you for getting in touch and letting us know about the issues you’ve experienced with our support. We’re genuinely sorry to hear that your expectations weren’t met, and we understand how frustrating this must have been.
Providing excellent support is a top priority for us, and we clearly didn’t meet that standard on this occasion. We’re working hard to ensure our team is better prepared to assist you in the future.
If there’s anything we can do to put this right, please don’t hesitate to contact us at ukretailsupport@morningstar.com. We really appreciate your patience as we work to improve.
Thanks again for bringing this to our attention.
Regards,
Morningstar
Good offering but don't force users to call you to cancel
Good offering, but not being able to cancel online is a major hassle. Forcing the user to call a number for no reason just isn't good practice anymore. If I can sign up online, I should be able to cancel online.
October 7, 2019
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at joe@morningstar.com or give us a call on +1 312 424-4288.
Thanks again for helping us improve!
Regards,
Morningstar
Just deplorable level of customer…
Just deplorable level of customer service as a Financial Advisor. Links were constantly down to Custodian, and third-party vendors. Spent ALL of my time trying connect Morningstar back to vendors and links. Data was always old and outdated.
Customer service was at a high school level, at best. You could never speak with anybody intelligent, who could actually solve a problem.
Good luck getting any customer service -- ever!
September 9, 2019
Unprompted review
Frauds
Frauds. I can't cancel my 14 day trial. Please join me in contacting the ACCC about this.
For those caught up in this scam - update your credit card details to a fake VISA number. Something like: 4111111111111111
April 23, 2019
Unprompted review
I signed up for the free trial and now… and now i cant cancel :-(
I signed up for the free trial and now they are making it difficult for me to cancel. Making me jump through hoops.. The free trial will be over shortly and i am going to be charged. There is no simple cancel function on the morningstar website. Its really sad. I will be filing a charge back with my credit card provided.
April 1, 2019
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at joe@morningstar.com or give us a call on +1 312 424-4288.
Thanks again for helping us improve!
Regards,
Morningstar
DO NOT SUBSCRIBE - You'll never get out
DO NOT SUBSCRIBE - They are one of those companies that make it as difficult as possible to cancel your subscription - they have conflicting information across the US and UK website, which seem to be different - its so anti-customer in this day and age its verging on criminal. I wish I'd read the other reviews on here that say exactly the same thing.
HAHAHA , they replied 6 years later , says it all really
February 25, 2019
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at joe@morningstar.com or give us a call on +1 312 424-4288.
Thanks again for helping us improve!
Regards,
Morningstar
Some value, but very disappointed
I do use the premium version, and the analyst reviews are of significant value. Their ratings represent a good second opinion. However, I already have access to this same data through my broker.
I use the portfolio view to download a snapshot daily and use my own spreadsheet to manage my investments. The data; however, often has issues. I moved from Morningstar from Yahoo, but find Morningstar to have as many issues, even with a Premium membership.
Support is generally of no use. Sometimes when sets of data are missing (dividend values are missing from most/all equities) they reply after the data gets fixed in 3-4 days. Other continuing data problems have gone on for years, with support giving me nonsensical answers.
For example, they have continuing problems with showing the Dividend Amount (which is the Div/Share extended by the number of shares you have entered). It is generally just plain wrong. Elsewhere on their site, the Div/Share is correct, so they must have data problems within their site. I would actually prefer they just provide the Div/Share value, but that suggestion obviously falls on deaf ears.
My concern is about what other data problems exist that I don't know about? And bad information is worse than no information.
Although I keep track of my investments in the Morningstar portfolio, I have the functionality to automatically process income transactions (deposit the cash or reinvest) turned off, because of data problems. When transactions are wrong, it is much more difficult to manage than having this turned off. I just adjust the share amount and cash balance periodically.
Overall, there is some value, but I am very disappointed
January 16, 2019
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at joe@morningstar.com or give us a call on +1 312 424-4288.
Thanks again for helping us improve!
Regards,
Morningstar
It is literally impossible to cancel…
It is literally impossible to cancel your membership. They don't answer mail or phone. I had to resort to blocking my visa card entirely and order a new one.
November 27, 2018
Unprompted review
Reply from Morningstar
Thank you for getting in touch and letting us know about the issues you’ve experienced with our support. We’re genuinely sorry to hear that your expectations weren’t met, and we understand how frustrating this must have been.
Providing excellent support is a top priority for us, and we clearly didn’t meet that standard on this occasion. We’re working hard to ensure our team is better prepared to assist you in the future.
If there’s anything we can do to put this right, please don’t hesitate to contact us at retail-intl-feedback@morningstar.com. We really appreciate your patience as we work to improve.
Thanks again for bringing this to our attention.
Regards,
Morningstar
Morningstar false price data to trading platforms
Morningstar provides price data to several trading platforms.
Commencing 10/9/18 13:16 it has been sending false data that cancels stop losses as if they had failed by gapping. So far cancelled 38 times for portfolio of 20 because repeatedly replacing eg GAW
September 14, 2018
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at ukretailsupport@morningstar.com.
Thanks again for helping us improve!
Regards,
Morningstar
A substandard offering with terrible support
Morningstar customer support essentially ignored my written communication, providing telephone numbers I couldn't call, and made cancelling their premium subscription prohibitively difficult. The morningstar.com domain only handles companies endogenous to the US (only NASDAQ, NYSE etc. and US OTC tickers can be added to the portfolio) making it useless for anyone with an international portfolio. Lastly, the interface and system seems ancient and clunky. I wouldn't recommend Morningstar Premium to anyone.
May 1, 2018
Unprompted review
Impossible to cancel the premium (no response from support)
For a school assignment I needed a financial website database, so I decided to try out the 14 day free trial of morninstar. None of the excel addins worked on my windows pc and they did not even have mac support. It is impossible to cancel the premium once you sign up for it. I emailed the support few times and got no response (although they say we will response you within 24 hours). The website feels like a complete scam I have no idea how it is even a known website with a reputation. Do not use it for sure
I am still not able to cancel it I fear that they will charge me the amount at the end of the trial period which is crazy..
March 8, 2018
Unprompted review
Reply from Morningstar
Thank you for getting in touch and letting us know about the issues you’ve experienced with our support. We’re genuinely sorry to hear that your expectations weren’t met, and we understand how frustrating this must have been.
Providing excellent support is a top priority for us, and we clearly didn’t meet that standard on this occasion. We’re working hard to ensure our team is better prepared to assist you in the future.
If there’s anything we can do to put this right, please don’t hesitate to contact us at retail-intl-feedback@morningstar.com. We really appreciate your patience as we work to improve.
Thanks again for bringing this to our attention.
Regards,
Morningstar
You need to call a support number in …
You need to call a support number in order to unsubscribe, which for me is a bad customer support experience. Not to mention that this was nowhere specified.
Aparently the confirmation mail came later, so I am still subscribed for one month.
The website has some good insights but the most interesting things are only for the biggest X companies in the world. The rest of the information can be found anywhere else for free. For me this proved to be useless but that is a matter of what you need.
January 8, 2018
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at retail-intl-feedback@morningstar.com.
Thanks again for helping us improve!
Regards,
Morningstar
Decent online database of company financials
Decent online database of company financials. Figures are sometimes different to 10Ks and 10Qs but overall a very useful tool for research.
August 1, 2017
Unprompted review
Cant unsubscribe easily, bad service center
If you accept premium subscription you can't unsubscribe online. You have to call their call centre have now been waiting for 40 minutes to do that. Unacceptable services!
February 27, 2017
Unprompted review
Reply from Morningstar
Thank you for getting in touch and letting us know about the issues you’ve experienced with our support. We’re genuinely sorry to hear that your expectations weren’t met, and we understand how frustrating this must have been.
Providing excellent support is a top priority for us, and we clearly didn’t meet that standard on this occasion. We’re working hard to ensure our team is better prepared to assist you in the future.
If there’s anything we can do to put this right, please don’t hesitate to contact us at retail-intl-feedback@morningstar.com. We really appreciate your patience as we work to improve.
Thanks again for bringing this to our attention.
Regards,
Morningstar
Once You Are In - You Never Get Out
This on-line database of company details is very useful for my research. But they are charging me every month and I can't unsubscribe on-line, I haver to call a number in the USA instead. I am currently holding on the other line to the USA from the UK for 45 mins so far and still in a line. It's an outrage and exceptionally sharp practice. Outrageous.
February 4, 2016
Unprompted review
Reply from Morningstar
Thank you for taking the time to share your feedback with us. We always appreciate hearing from our users, as it helps us understand what’s important to you and how we can improve.
We understand that certain features or functionalities are important to you, and we’re continuously working to enhance our platform. Your comments and suggestions have been shared with our development team for consideration in future updates.
We’re always striving to improve, and your feedback is invaluable to that effort. If you would like to speak to one of our team members, please don’t hesitate to contact us at ukretailsupport@morningstar.com.
Thanks again for helping us improve!
Regards,
Morningstar
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