Morningstar to acquire AdviserLogic.

Morningstar, a provider of independent investment research, agreed to acquire AdviserLogic, an Australian adviser software firm. Financial terms were not disclosed. "Morningstar believes in the value of financial advice, and we share a common mission with advisers to empower investor success. We're excited to expand our ability to support advisers at a critical time for the industry by welcoming AdviserLogic into the Morningstar family," Jamie Wickham, Morningstar Australasia Managing Director.