John O’Connell Quoted in RIABiz on the Scramble for Morningstar Office Users
John O’Connell was quoted in this article from RIABiz discussing how various wealth platforms are performing in their scramble to win the business of Morningstar Office users, in light of Morningstar’s announcement that it will sunset Office in 2026 and steer clients toward Black Diamond. John questions Morningstar’s possibly inflated numbers – as well as Black Diamond’s promised transition timeline – and criticizes the messaging and communication from the Morningstar and Black Diamond teams, noting that the largest winners have been Orion, Advyzon, Black Diamond, and AdvisorEngine, likely in that order.
