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... Voir plus
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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... Voir plus
L'entreprise a répondu
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... Voir plus
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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... Voir plus
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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 a... Voir plus
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A répondu à 80 % de ses avis négatifs
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Tried to get a premium trial but the payment system wouldn't accept any of my cards so I didn't even start it. 14 days later they tried to take money from my account. I wrote to them explaining that I hadn't had the trial because their IT had failed. The "help" centre sent me a stock response saying they always take money after the trial period has ended and that I couldn't have a refund, but they would turn off the auto renew. They then closed the help ticket so I couldn't reply to tell them that they hadn't bothered to read my original email.

Réponse de Morningstar
I have rang the UK Morningstar head office number in London (as per Google search) and tried various options such as zero to speak to reception, 2 to speak to help with the website and on all four occasions my call has been cut off before speaking to anybody. I then called a sales telephone number for Morningstar which ended up in Mumbai, I explained my problem and then the line went dead. I rang back again and explained the problem to the Mumbai office for a second time and they did not seem particularly bothered that my phone call kept getting cut off. I then tried to sign up to the Premium service as Morningstar no longer allow Financial Express access to the their fund research sheets, hence forcing us to subscribe to a service with them but the website gave a message stating that it was experiencing issues creating the premium subscription so was unsuccessful. So far I have wasted an hour and have got absolutely nowhere. Zero customer service, that is if you can get through and not get cut off. Amazing to think Morningstar charge fund management groups to interview them and publish their results only to make these result nigh-on-impossible for Financial Advisers to access.

Réponse de Morningstar
I have been a Morningstar Premium customer for 10+ years. This morning the company had a major software problem dropping at least my account update (not sure how many more). This is the 4th problem with my Premium account - the prices are right, the shares are right, but my daily portfolio calculations and totals did not work. In addition, there are no "look back" tools (what was my account on 12/31/19 vs now) but it is "in development".
I'm done - Personal Capital rates #1 in the five surveys I've read - Morningstar only rates #3 in one. I canceled this morning and we'll see how it goes at Personal Capital.

Réponse de Morningstar
I opted for a free 14 day trial service in good faith. Managed to cancel within the 14 days and guess what, they still took my money! Avoid, avoid, avoid.

Réponse de Morningstar
Great clearing company, keeps you informed online and on the phone if that's what you prefer, great company.
It is the most frustrating website and annoying customer service experience.
I paid for a premium service and I spent most of my time waiting for pages to
to load or refresh away from 404 and 500 messages. The website is slow slow slow
And the advertising is continuous. But most recently I am seeing some really
strange website behaviour , pages loading with continuous popups, interstitial advertising etc.
The search bar only works from the home page. The cache apparently has to be cleared every few days….The list goes on and on.
I need a financial website I can trust and Morningstar is not it.
I cancelled my account, I sent an email explaining why and they sent me a standard “its your browsers fault” email back.
I sent an email asking not to be contacted again and they sent another email back to me.
I think they enjoy angering consumers; It’s obvious they don’t read consumers emails.
Don’t waste your money.

Réponse de Morningstar
I was looking for stock advice and came across Morningstar. I tried the 14 day free premium service and it was a BIG MISTAKE! My 14th day fell on the weekend. I ended up cancelling the following Monday. Once I cancelled, I called to see about the prorated refund. The lady told me that if I would have called to cancel I would get my money back, but since I did it online there was nothing that she could do.
This is a BIG SCAM and not worth it! The Premium service does nothing for you and they want you to try the 14 day premium hoping that you will forget like I did. They should be ashamed of their business practice!

Réponse de Morningstar
This company does not providing a cancellation of trial period. It seems like a SCAM to get your money. BEWARE
their returns are super average. They also have legal loopholes that you have to jump through in order to cancel after the trial period is up.
I’m actually a vegetarian! I started eating morning star a couple years ago! Although I adore all the products that I’ve ate! The taste is fabulous! The texture is fabulous! I don’t eat eggs! I actually purchased a huge variety of the products every week! Although I’m not one to read the labels either! Assuming these products were made with plants! Wow! But as I heated my food one day! I saw ingredients! Contains eggs! I’m not a vegan ! I drink milk daily! I don’t eat eggs! So I was so crushed to find out it contained eggs! For anyone that eats eggs! The product is perfect! But for the people that don’t consume eggs we are waiting for your products to become egg free! Thanks
Near the end of every year the daily returns on many of the funds shows losses that are several percentage off from the actual performance for that day. I have never found an explanation for this. It takes a lot of manual editing to keep the portfolio manager accurate. What a hassle!

Réponse de Morningstar
This company steals money by not providing a cancellation of trial period. I will get a lawyer.
Some good features but lousey customer support. I wanted to download to a .CSV file, a feature which worked at one time and then failed. I spent 6 months trying to get them to fix it and finally worte a LETTER to their CTO (Chief Technical Officer) That got results! They totally removed the feature!!!! Good service and I am a premium user. Now they are putting ads on the portfolio page which takes up a LOT of screen space, making the facility harder to use. As a premium user, I don't think I should have have to suffer from advertising. If there was another game in town, I would be there.

Réponse de Morningstar
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.

Réponse de Morningstar
Tried signing up for a premium subscription. Didn't work, tried calling customer services was like pulling teeth. Useless.

Réponse de Morningstar
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.

Réponse de Morningstar
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!
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
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.

Réponse de Morningstar
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