Company Profile
Morningstar
Company Overview
Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. Our mission is to create great products that help investors reach their financial goals. We offer an extensive line of Internet, software, and print-based products for individual investors, financial advisors, and institutional clients.
Morningstar is a trusted source for insightful information on stocks, mutual funds, variable annuities, closed-end funds, exchange-traded funds, separate accounts, hedge funds, and 529 college savings plans. With operations in 18 countries, we currently provide data on more than 260,000 investment offerings worldwide.
We offer investment consulting and retirement planning services through Morningstar Associates, LLC and Ibbotson Associates; registered investment advisors and wholly owned subsidiaries of Morningstar, Inc. We also offer Morningstar® Managed Portfolios, an asset management service for financial advisors, through Morningstar Investment Services, Inc., a registered investment advisor, broker-dealer, and a subsidiary of Morningstar, Inc.
Company History
1984 Joe Mansueto establishes Morningstar in his Chicago apartment
1985 Morningstar Rating™ for mutual funds debuts
1986 Morningstar® Mutual Funds™ launches
1991 CD-ROM-based Principia® software for advisors launches
Paul Rand designs a new logo for Morningstar
1992 Morningstar creates the nine-square Morningstar Style Box™
Morningstar® FundInvestor™ newsletter debuts
Revenue exceeds $10 million
1994 I.D. (International Design) Magazine names Morningstar® Mutual Funds™ binder best package of the year
1996 Morningstar category system for mutual funds debuts
1997 Morningstar.com® launches
1998 Tokyo-based Softbank and Morningstar establish a joint venture in Japan
Morningstar® StockInvestor™ newsletter debuts
1999 Morningstar offices open in Australia and New Zealand
Softbank acquires 20% stake in Morningstar
Morningstar expands operations into Canada
Revenue exceeds $50 million
2000 Morningstar launches online retirement advice service
Morningstar Europe, Morningstar Asia, and Morningstar Korea open
Morningstar Japan completes initial public offering on NASDAQ-Japan
2001 Morningstar Direct (formerly Morningstar® DataLab®) debuts
Morningstar® Advisor Workstation launches
Morningstar® Managed Portfolios launches
Morningstar Rating for stocks debuts
2002 Morningstar® Indexes debuts
Morningstar.com surpasses 100,000 Premium Members
Revenue exceeds $100 million
2003 Morningstar managed retirement accounts launch
Style Box "Ownership Zones" debut
Morningstar acquires mPower
Morningstar Rating for separate accounts debuts
2004 Morningstar begins creating a hedge fund database
Morningstar® Advisor Workstation Office Edition launches
Morningstar begins providing independent equity research to five investment banks under Global Analyst Research Settlements
Fiduciary Grade (now Stewardship Grade) for funds debuts
2005 Morningstar completes auction-style initial public offering
Morningstar acquires Finetre's VARDS unit
Morningstar introduces Morningstar Rating for load-waived A shares of mutual funds
Revenue exceeds $200 million
2006 Morningstar completes acquisition of Ibbotson Associates, a privately held firm that specialized in asset allocation services
Morningstar Rating for exchange-traded funds debuts
Morningstar acquires Aspect Huntley in Australia, a privately held firm with a well-developed Australian equity database, newsletters, and investment magazines
Morningstar acquires InvestorForce’s hedge fund and separate account databases
Morningstar introduces new investor return data
Revenue exceeds $300 million
2007 Morningstar acquires the fund data business from Standard & Poor's
Benefits
Morningstar is proud to offer competitive benefits. To inquire more specifically about our benefit plans please consult our HR personnel.