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Southwest Securities, Inc. to Offer Morningstar Research and Management Tools to Financial Advisors
Apr 20, 2010 (04:04 PM EDT)
DALLAS, April 20 /PRNewswire-FirstCall/ -- Southwest Securities, Inc. today announced it will provide access to Morningstar's advisor software platforms to financial professionals registered with the company and its correspondent firms.
Morningstar Advisor Workstation Southwest Securities Edition and Morningstar Office bring innovative investment planning and support functionality to the desktops of advisors through customized web-based platforms to help advisors with their research and management capabilities.
"We are excited to be able to offer Morningstar's advisor software products to our network of financial advisors and our correspondents," said Lana Calton, Southwest Securities, Inc. senior vice president, product development. "These tools will fill the needs of clients of Southwest's Private Client Group, SWS Financial Services, and our Clearing Services."
Advisor Workstation Southwest Securities Edition allows advisors access to a customized version of Morningstar's web-based modular platform that offers investment planning, client presentation, portfolio analysis and investment research tools.
Morningstar Office is a complete practice and portfolio management system for independent financial advisors and wealth managers, designed to support the core functions of their business. The web-based platform is designed to allow advisors to run an entire practice effectively on its single, all-inclusive system, featuring the most current Morningstar research and data on approximately 350,000 securities.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The company has operations in 20 countries and minority ownership positions in companies based in two other countries.
Morningstar, Inc. is not affiliated with Southwest Securities, Inc. and its affiliates.
About Southwest Securities, Inc.
Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, is a national clearing firm, registered investment adviser and registered broker-dealer. The firm provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. It is a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.
SOURCE Southwest Securities, Inc.