Independent Financial Advisors

Improve operational efficiency and spend more time servicing client relationships by eliminating manual data gathering and entry of hard to get/reach data (e.g., 401(k))

  • Scale: Reduce or eliminate manual entry of client data and re-allocate time spent to client-facing activities
  • Reduce Risk: Mitigate human error associated with manual data collection and entry; provide a secure, consolidated client record
  • Deliver exceptional service: Make more effective recommendations based on a holistic view of client financial holdings 

How the Service Works

Our knowledge-based process uses artificial intelligence to gather and transform financial account data to meet sophisticated data requirements. 

Positions, balances, transactions and securities data is ready to reconcile against the custodian-reported data.

  • Connector to structured and unstructured financial account data
  • Aggregate transactions, positions, balances from 4,000+ different custodians and TAMPs
  • Data collected using direct connectivity and/or html parsing and/or PDF parsing
  • Often use multiple different-format sources to ensure completeness of the data
  • Can add a custodian that is not currently supported by the Morningstar® ByAllAccountsSM service 
  • Support multiple currencies
  • Support trade-date and/or settlement-date based data
  • Provide platform independent data delivery. Deliver to any system including Advent, SmartStream, and InData
  • Also deliver data to proprietary data warehouses and reporting systems

Morningstar and ByAllAccounts

See your clients’ held-away assets in Morningstar® Advisor WorkstationSM, our investment research and portfolio analytics platform, or Morningstar OfficeSM, our complete practice and portfolio management system. Combined with Morningstar’s data, independent research, and powerful analytics, you can make stronger recommendations to help your clients reach their goals sooner.

Systems We Work With

ByAllAccounts delivers account data to portfolio management, reconciliation, compliance, trust accounting and performance systems including:

  • Advent®
  • Black Diamond Reporting
  • Envestnet  Asset Management
  • Fortigent
  • Morningstar
  • Orion Advisor Services
  • Portfolio Pathway
  • Schwab Performance Technologies
  • WealthTouch

Click here to see a more complete list

Supported Accounts

  • 529
  • Alternatives (e.g., REIT)
  • Annuities
  • Banking (Personal and Business)
  • Brokerage
  • Credit unions
  • Donor Advised
  • Employee Stock Option Purchase
  • Endowment
  • Loan accounts (including mortgage)
  • Offshore funds
  • Mutual funds
  • Retirement - Individual (401(k), 403(b), IRA, defined benefits, pension)
  • Retirement - Plan (Adminstrator)
  • Trusts


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