Side by side
Morningstar Office vs Orion Portfolio Accounting
Both stand on portfolio management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Paid iPhoneWeb
Choose Morningstar Office if your advisory practice needs portfolio accounting, research, reporting, rebalancing, client communication, and billing together. Consider another option if you need published pricing or a free plan.
Visit Morningstar Office Paid AndroidAPIiPhone+1
Orion combines accounting, billing, reporting and trading capabilities for a range of financial firms. Buyers should confirm pricing and which modules are available in their chosen deployment.
Visit Orion Portfolio AccountingThe facts
| Morningstar Office | Orion Portfolio Accounting | |
|---|---|---|
| Free plan | No | No |
| Open source | Not published | Not published |
| Runs on | iPhone, Web | Android, API, iPhone, Web |
| Lowest paid plan | Free or on request | Foundation: $13,000 a year |
| Plans published | 1 | 3 |
| Maker | Morningstar Office | Orion Portfolio Accounting |
| Website | morningstar.com | orion.com |
| On portfolio management software | #30 of 81 | #26 of 81 |
Morningstar Office: what it does well
- Tracks holdings, dividends, and returns across custodial and held-away accounts.
- Includes performance, allocation, and risk analysis, plus tax-lot tracking.
- Supports tax-aware rebalancing through Morningstar Total Rebalance Expert.
- Provides a client portal for updates and investment insights.
- Offers fee calculation, invoicing, and custodian fee-file uploads.
What to know first
- Pricing is available on request.
- No free plan is offered.
- Listed platforms are limited to web and iOS.
Orion Portfolio Accounting: what it does well
- Personalized reports use drag-and-drop tools.
- Household-level rebalancing and trading are included.
- Client portal and mobile app are available.
- Lists hundreds of integrations and an open API.
- Supports alternative-asset reporting, billing and aggregation.
What to know first
- No free plan is listed.
- Standalone pricing requires a tailored quote.
- Stack modules vary by tier.
Alternatives to Morningstar Office Alternatives to Orion Portfolio Accounting The whole list