Morningstar

Morningstar, Inc. engages in the provision of investment research. It offers Morningstar data, direct, investment management, advisor workstation, workplace solutions, pitchbook data, enterprise components, research, credit ratings and indexes. The company was founded by Joseph D. Mansueto on May 16, 1984, and is headquartered in Chicago, IL.

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Morningstar, Inc. engages in the provision of investment research. It offers Morningstar data, direct, investment management, advisor workstation, workplace solutions, pitchbook data, enterprise components, research, credit ratings and indexes. It operates through the following segments: Morningstar Data and Analytics, PitchBook, Morningstar Wealth, Morningstar Credit, Morningstar Retirement, and Corporate and All Other. The Morningstar Data and Analytics segment is involved in providing investors data, research and insights, and investment analysis to empower investment decision-making. The PitchBook segment focuses on providing investors with access to a broad collection of data and research covering the private capital markets, including venture capital, private equity, private credit and bank loans, and merger and acquisition activities. The Morningstar Wealth segment refers to model portfolios and wealth platform, practice and portfolio management software for registered investment advisers, data aggregation, enrichment capabilities, and individual investor platform. The Morningstar Credit segment includes credit ratings, research, data, and credit analytics solutions that contribute to the transparency of international and domestic credit markets. The Morningstar Retirement segment offers products designed to help individuals reach retirement goals. The company was founded by Joseph D. Mansueto on May 16, 1984, and is headquartered in Chicago, IL.

CHICAGO , Aug. 15, 2023 /PRNewswire/ -- The Morningstar Retirement group within Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), and ADP Retirement Services, a leading provider of retirement plan services for businesses of all sizes, are working together to offer more employees—regardless of the size of the company they work for—access to personalized retirement investment and savings advice through managed accounts. ADP's decision to team with Morningstar Investment Management comes at a time when retirement plan participants are looking for increased help navigating an uncertain economic environment.

Morningstar Investment Management and ADP Retirement Services Team Up to Drive Personalized Advice for Employees at Small Businesses

The annual U.S. Fund Fee Study reports record-low average expense ratio for mutual funds and ETFs, driven by heavy outflows from expensive funds CHICAGO , Aug. 8, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its annual fund fee study, which evaluates trends in the cost of United States (U.S.) open-end mutual funds and exchange-traded funds (ETFs)1. The study found that the asset-weighted average expense ratio of U.S. funds fell to 0.37% in 2022 from 0.40% in 2021, saving investors an estimated $9.8 billion as a result.

Morningstar Finds Investors Saved Nearly $9.8 Billion In Fund Fees In 2022

CHICAGO , July 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted solid second-quarter revenue growth, driven by the performance of its license-based products. "Our license-based products continued to perform strongly, while transaction-based revenue was impacted by continued weakness in the issuance of commercial-mortgage-backed securities in the United States," said Kunal Kapoor, Morningstar's chief executive officer.

Morningstar, Inc. Reports Second-Quarter 2023 Financial Results

CHICAGO , June 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2023 financial results after the market closes on Wednesday, July 26, 2023. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com.

Morningstar, Inc. to Announce Second-Quarter 2023 Financial Results on July 26

Two of Morningstar's fastest-growing product areas will together accelerate the company's ESG data, indexes, ratings, and research expansion CHICAGO , June 13, 2023  /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced that it will align the Morningstar Sustainalytics and Morningstar Indexes product areas under Morningstar Indexes President Ron Bundy. The move emphasizes Morningstar's ESG market leadership position and enhances its ability to comprehensively meet the evolving needs of investors.

Morningstar Sustainalytics and Morningstar Indexes Align to Strengthen Morningstar's ESG Offering

The beta version pairs Microsoft Azure's OpenAI Service with Morningstar's extensive breadth of independent investment research to provide summarized, conversational insights CHICAGO , May 11, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today launched a beta version of its generative artificial intelligence chatbot named "Mo" across Morningstar Investor, Research Portal, Direct, and Advisor Workstation platforms. Powered by the Morningstar Intelligence Engine, a platform that pairs Morningstar's extensive investment research library with Microsoft's Azure OpenAI Service, Mo is designed to surface and summarize Morningstar's independent insights in a conversational format for investors and investment professionals.

Mo, an AI Chatbot Powered by Morningstar Intelligence Engine, Debuts in Morningstar Platforms

Morningstar, Inc. started 2023 on a soft note. Topline sales growth has stabilized, as the contribution of some secular growth engines is offset by lower activity levels.

Morningstar: Headwinds Continue

CHICAGO , April 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted positive first-quarter revenue growth, driven by the performance of the license-based areas of the business. "Despite continued strength in our license-based product areas, soft credit issuance and market volatility proved challenging for our other product areas and had a significant impact on overall revenue growth and profitability," said Kunal Kapoor, Morningstar's chief executive officer.

Morningstar, Inc. Reports First-Quarter 2023 Financial Results

New enhancement wraps key portfolio information into one flexible solution for advisors CHICAGO , April 26, 2023 /PRNewswire/ --  Morningstar, Inc.  (Nasdaq: MORN), today announced Morningstar Wealth, a leading wealth technology and investment management provider, added the Portfolio Analytics feature to its ByAllAccounts product. ByAllAcounts is Morningstar's data aggregation solution that specializes in the unique demands and challenges of financial advisors, investors and the platforms supporting them.

Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts

Morningstar-curated models now available via unified managed accounts CHICAGO , April 25, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN) today announced Morningstar Wealth, a leading wealth technology and investment management provider, has added portfolios from top asset managers BlackRock, Clark Capital, Fidelity and T. Rowe Price to its U.S. Wealth Platform.

Morningstar U.S. Wealth Platform Adds BlackRock, Clark Capital, Fidelity, T. Rowe Price Portfolios to Offer Greater Advisor Flexibility and Choice

CHICAGO , March 28, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today published its annual Target-Date Strategy Landscape Report, which found that in 2022 target-date strategies had $153 billion of net inflows, of which $121 billion—or 79%—went into collective investment trusts (CITs). "Despite last year's market turbulence, target-date strategies saw considerable inflows, especially into collective investment trusts," said Megan Pacholok, senior manager research analyst at Morningstar.

Morningstar's Target-Date Strategy Landscape Report Finds Investors Stayed the Course Despite Market Volatility in 2022

CHICAGO , March 27, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its first-quarter 2023 financial results after the market closes on Wednesday, April 26, 2023. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com.

Morningstar, Inc. to Announce First-Quarter 2023 Financial Results on April 26

Rick Rieder of BlackRock is named Outstanding Portfolio Manager; Capital Group is recognized for Exemplary Stewardship CHICAGO , March 21, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners of the 2023 U.S. Morningstar Awards for Investing Excellence. The awards recognize portfolio managers and asset management firms who demonstrate the industry's very best attributes, including investment skill and an alignment of interests with the strategies' investors.

Winners Announced for 2023 U.S. Morningstar Awards for Investing Excellence

CHICAGO , March 14, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the nominees for the 2023 Morningstar Awards for Investing Excellence. The awards recognize portfolio managers and asset management firms who demonstrate excellent investment skill and an alignment of interests with the strategies' investors.

Morningstar Announces Nominees for 2023 Morningstar Awards for Investing Excellence

Morningstar has seen a massive valuation re-rating over the past year. Solid organic growth and low interest rates meant that shares got propelled too high beforehand.

Morningstar: Very Soft Performance

CHICAGO , Feb. 23, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted positive fourth-quarter revenue growth as continued momentum in the license-based areas of the business offset declines in asset-based and transaction-based areas. For the full year, the Company reported double-digit revenue growth, highlighting the diversity of the business and key contributions from license-based product areas.

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2022 Financial Results

Morningstar's annual investment conference will be held on April 25-27 and will feature Lawrence Summers, former U.S. secretary of the treasury, and Liz Ann Sonders, chief investment strategist at Charles Schwab CHICAGO , Feb. 7, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the agenda for its 35th annual Morningstar Investment Conference, set to convene Tuesday, April 25, through Thursday, April 27, 2023, exclusively in-person at McCormick Place Convention Center in Chicago. "In this period of market uncertainty, providing great investing advice remains as critical as ever," said Kunal Kapoor, chief executive officer at Morningstar.

Morningstar Announces Agenda for 2023 Morningstar Investment Conference

As investors demand more personalized investing, the Morningstar ESG PEP empowers small and medium-sized companies to offer an ESG investment lineup to their employees CHICAGO , Jan. 31, 2023 /PRNewswire/ -- Morningstar Investment Management LLC's Retirement Solutions Group, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), and Plan Administrators, Inc. (PAi), a retirement plan administrator and recordkeeper, are releasing the Morningstar® ESG Pooled Employer Plan today, which is designed to select funds that limit exposure to material environmental, social, and governance (ESG) risks. The launch of the PEP follows the final rule from the U.S. Department of Labor on the use of ESG information to select investments for retirement plans, effective Jan. 30, 2023.

Morningstar Investment Management and PAi's ESG Pooled Employer Plan Goes Live

The solution combines Morningstar's methodologies and data to help advisors deliver tailored plan recommendations based on risk preferences, values, and investment goals with the push of a button CHICAGO , Jan. 26, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the launch of the Investment Planning Experience, a new workflow within Morningstar Advisor WorkstationSM that empowers advisors to create comprehensive, personalized investment plan recommendations to clients. The Investment Planning Experience brings together Morningstar's independent investment data, research, and ratings with investment planning capabilities to help drive successful investor outcomes.

Morningstar Advisor Workstation Debuts Investment Planning Experience to Deliver Holistic, Personalized Investment Plan Recommendations Based on Investor Goals and Preferences

CHICAGO , Jan. 23, 2023 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), plans to report its fourth-quarter and full-year 2022 financial results after the market closes on Thursday, Feb. 23, 2023. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com.

Morningstar, Inc. to Announce Fourth-Quarter and Full-Year 2022 Financial Results on Feb. 23

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Schwab US Dividend Equity ETF

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Retirees: Could Your Retirement Portfolio Benefit From More Bonds?

The new platform runs on Luma's innovative annuity technology and streamlines the annuity selection process for advisors CHICAGO , Dec. 13, 2022 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today launched the Annuity Intelligence Center, an annuity transaction experience within Morningstar Advisor WorkstationSM  that will simplify a financial advisor's process of transacting annuities on behalf of clients. The platform is powered by Luma Financial Technologies ("Luma"), an independent, multi-issuer structured products and annuities platform.

Morningstar Launches Annuity Intelligence Center within Morningstar Advisor Workstation, Powered by Luma Financial Technologies

The new research platform's actionable interface helps investment professionals deliver personalized advice to clients CHICAGO , Dec. 7, 2022 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the launch of Morningstar Research Portal (Research Portal), an investment research platform for financial advisors. Research Portal harnesses Morningstar's independent ratings and research, together with live market data and interactive charting, in an intuitive web-based platform, empowering advisors to bring personalized and timely investment ideas to their clients.

Morningstar Launches New Research Portal for Financial Advisors, with Independent Research and Insights at Center

CHICAGO , Dec. 6, 2022 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 37.5 cents per share, an increase of 4.2 percent. The dividend is payable Jan. 31, 2023, to shareholders of record as of Jan. 6, 2023.

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