@morningstar.com
We build products and offer services that connect people to the investing information and tools they need.
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About
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Morningstar, headquartered in Chicago, Illinois, is a leading provider of independent investment research and investment management services. The company was founded in 1984 by Joe Mansueto, who aimed to provide individual investors with access to reliable investment data and analysis. Morningstar offers a comprehensive range of products and services.
Its flagship offering is Morningstar Direct, a research platform that provides institutional investors with data, research, and analytics to support investment decision-making. It also offers Morningstar Advisor Workstation, a platform designed for financial advisors to enable them to deliver comprehensive investment advice to their clients. Additionally, Morningstar provides investment management services through its registered investment advisor, Morningstar Investment Management LLC.
With a global presence, Morningstar operates in several countries including the United States, Canada, Australia, Europe, and Asia. The company employs over 6,000 people globally. Morningstar has several noteworthy subsidiaries and joint ventures, including PitchBook Data, Inc., a leading provider of private market data and research, acquired by Morningstar in 2016.
Morningstar has established a strong market position in the investment research and advisory industry. Its services are trusted by investors and advisors worldwide. The company's comprehensive data and research offerings, coupled with its commitment to independence and transparency, have contributed to its success.
Morningstar faces competition from other financial intelligence and investment research firms such as Thomson Reuters, Bloomberg LP, FactSet Research Systems, and S&P Global Market Intelligence. Over the years, Morningstar has achieved several milestones and made notable changes to support its growth. In 2020, the company expanded its sustainable investment offerings by acquiring Sustainalytics, a leading provider of Environmental, Social, and Governance (ESG) ratings and research.
This acquisition strengthened Morningstar's ability to provide ESG insights to investors and further positioned the company as a leader in the ESG space. Currently, Morningstar continues to innovate and expand its product and service offerings. The company remains dedicated to providing independent investment research, empowering investors to make informed decisions, and supporting the evolving needs of the investment community
Company Type
Public Company
Company Size
10,001+
Year Founded
1984
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