CFRA vs Morningstar 2023

It’s easy for you to get overwhelmed with all the stock investment information available, and knowing where to turn for reliable guidance can take time and effort. Luckily, research tools are available to help, such as CFRA and Morningstar.

CFRA is an excellent tool for investors looking for timely, proven guidance on the financial markets and the driving forces behind them. This tool can help you stay up-to-date on the trends and developments impacting stock performance, giving insight into when to buy, hold, and sell.

Meanwhile, Morningstar is an investment firm that provides a comprehensive research tool that analyzes mutual funds, stocks, and other relevant market data. This tool offers valuable insights into mutual funds and ETFs, making it an excellent resource for investors making informed investment decisions.

In this CFRA and Morningstar review, I’ll walk you through everything about both platforms, so you can feel confident in your investment decisions and stay ahead of the curve.

CFRA is Better for:Morningstar is Better for:
Analyzing mutual funds and ETFsPremium investment services
Providing comprehensive research on stocksPortfolio tools
Offer insights for making informed investment decisionsStock recommendations

To compare CFRA and Morningstar, assessing their distinct features is essential. While both platforms aid in informed decision-making, differences in their tools and offerings can make one more suitable for your needs.

Factors like investing style, goals, and objectives can impact your platform preferences. Consider the following features of each platform to make an informed decision:

CFRA Morningstar
Service Type Investment research Investment analysis
Fees $349 yearly $34.95 (monthly) to $249 (yearly)
Best use Trading strategies Asset research
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Modest Money Overall Rating
4.3 rating based on 5 ratings
4.5 rating based on 5 ratings

Factor 1: Free features

CFRA free features last for 90 days

  • CFRA free features are in the form of Outlook
  • Morning Star gives access to editorial pieces
  • CFRA free users have access to stocks and funds data


CFRA is offering a fantastic free feature for 90 days. During this time, you’ll have access to CFRA’s weekly online investment newsletter, The Outlook, and five equity and five fund research reports monthly.

This is an excellent opportunity to use CFRA’s expertise and insights without committing to a subscription. With The Outlook, you’ll receive weekly updates on the latest trends and developments impacting the financial markets.

Meanwhile, the equity and fund research reports provide valuable insights into individual stocks and funds, helping you make informed investment decisions.


Morningstar’s free version offers users access to its wide selection of editorial pieces. This means that even if you choose not to upgrade to a paid version, you’ll still be able to stay up-to-date on the latest financial news and trends.

While some of the free version’s planning and investing tools may be limited, this doesn’t detract from the value of the editorial content available. Morningstar is known for its high-quality research and analysis; the free version is no exception. Access to this editorial content lets you stay informed and make informed investment decisions.

Factor 2: Free Features

Morningstar includes an X-ray feature

  • Morningstar gives access to analysts’ report
  • CFRA offers global ETF data and research
  • Morningstar provides investment research


CFRA offers a range of free features that can help investors discover new investment strategies and make informed investment decisions. With CFRA’s independent equity, mutual fund, and ETF research, you can explore various investment opportunities and identify companies and industries that may have reported financial results, operational metrics, or corporate governance problems.

In addition, CFRA access to global ETF and mutual fund data and research coverage can provide clear insights into your investments. This can help you make informed decisions and ensure your portfolio is well-diversified.


Morningstar’s paid version offers a range of valuable features to its users. These include access to analyst reports, top investment picks, portfolio manager and X-ray, screeners, and an extensive article archive.

The portfolio manager and X-ray tools can help you keep track of your investments and ensure that your portfolio is well-diversified. With access to analyst reports, you can dive deeper into the latest trends and developments impacting the financial markets. Meanwhile, the top investment picks can provide valuable insights into individual stocks and funds.

Additionally, the screeners are an excellent resource for finding new investment opportunities. And with the extensive article archive, you can explore various investing and personal finance topics.

You should also read our MarketWatch vs Morningstar review or even our Simply Wall Street vs Morningstar review to see how they perform against competitors.

Factor 3: Subscription Cost

Morningstar has the Lowest Subscription Option

  • CFRA offers custom pricing
  • Morning Star subscription begins at $29.95 monthly
  • CFRA subscription covers individuals and firms


CFRA offers subscription plans for individual investors, financial advisors and firms, and institutional clients with varying access levels to research and analysis tools. The cost for individual investors is $349 per year, while pricing for financial advisors and institutional clients is available upon request.


The Premium plan costs $29.95 per month or $199 per year, while the Premium Plus plan costs $49.95 or $349 per year. These subscription fees can vary based on location, currency, and level of service and are subject to change.

CFRA vs Morningstar: Our Summary

CFRA is the best for investors looking for timely and proven guidance on financial markets. CFRA and Morningstar offer valuable research and analysis tools to help investors make informed investment decisions. Their research tools provide valuable insights into stock performance trends and developments, assisting investors in making informed decisions.

Conversely, Morningstar is the best for investors looking for comprehensive research and analysis tools for portfolio management. Their extensive selection of tools and resources provides valuable insights into individual stocks and funds, helping investors make informed investment decisions and build a strong portfolio.

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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to and Benzinga.