Legent Clearing to Offer Morningstar Advisor Workstation Enterprise Edition to Correspondent...

Legent Clearing to Offer Morningstar Advisor Workstation Enterprise Edition to
Correspondent Firms

OMAHA, Neb., Aug. 17 /PRNewswire/ -- Legent Clearing announced today that they
have teamed with independent investment research provider Morningstar, Inc.,
to provide Morningstar's advisor software products to more than 75
correspondent firms.

The agreement features Morningstar Advisor Workstation Enterprise Edition, a
Web-based modular platform that provides advisors with investment planning,
client presentation, portfolio analysis, and investment research tools.
Advisors can efficiently analyze investments and portfolios to give
recommendations using reports and information that clients can understand.

Enterprise Edition is designed to work with an organization's other systems
and applications, and its modular nature enables it to be configured to a
firm's specific needs. The software will be made available to Legent's
correspondent firms to offer to their investment representatives.
Morningstar's two other advisor software platforms, Morningstar Office and
Principia, will also be accessible to advisors covered under the agreement.

"The Morningstar workstation is another example of how we continue to expand
our wealth management offerings to accommodate the varied needs of our
correspondents and their clients," said Ray Maratea, President of Legent
Clearing.

"We're very excited about the partnership with Legent and the opportunity to
provide Advisor Workstation Enterprise Edition to Legent's network of
broker-dealers," said Chris Boruff, president of advisor software for
Morningstar. "This will enable their advisor clients to provide a high level
of service for clients with a customizable, Web-based solution that is used by
many large institutions."

About Legent Clearing
Legent Clearing is a leading independent provider of correspondent clearing
services to broker/dealers nationwide. Since its founding in 2002, Legent has
grown rapidly as a result of its unique combination of independence, alliances
with providers of best-of-breed technology and investment vehicles and from
its ability to offer customized solutions for each correspondent client.
Legent provides access to investment products and services including equities,
mutual funds, foreign securities, fixed income investments, prime brokerage,
options, annuities, DVP/RVP and WRAP accounts through a variety of online
tools and platforms. Legent Clearing, a wholly owned subsidiary of Legent
Group, is headquartered in Omaha, Nebraska.
www.legentclearing.com

Raymond J. Maratea
President
Legent Clearing
111 West Jackson Blvd.
Chicago, Il 60604
Of: 312-294-2311
Mb: 630-234-7524
Fx: 312-294-2390
ray.maratea@legentclearing.com

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 nearly 325,000 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 19 countries and minority ownership positions in companies based
in three other countries.
www.morningstar.com

SOURCE Legent Clearing

Raymond J. Maratea, President of Legent Clearing, +1-312-294-2311, cell,
+1-630-234-7524, fax, +1-312-294-2390, ray.maratea@legentclearing.com