Morningstar

Morningstar Inc is an equity in the USA market. The price is 310.5 USD currently with a change of -1.51 USD (-0.00%) from the previous close. The latest open price was 311.89 USD and the intraday volume is 233873. The intraday high is 313.33 USD and the intraday low is 308.62 USD. The latest trade time is Wednesday, July 2, 17:15:00 PDT.

Morningstar, Inc. is a leading global financial services firm that provides independent investment research and management solutions to a diverse clientele, including individual investors, financial advisors, asset managers, and institutional clients.

Founded in 1984 by Joe Mansueto in Chicago, Illinois, the company has grown to become a prominent player in the investment research industry, operating in 29 countries worldwide.

Investment Research and Data Services

Morningstar offers comprehensive data and research insights into various investment offerings, including managed investment products, market and equity data, private capital markets, and real-time global market data.

Its research is highly regarded in the asset management industry, with Morningstar's ratings and recommendations often influencing investment decisions and fund flows.

Investment Management Services

Through its investment management subsidiary, Morningstar manages assets across a range of investment products, including mutual funds, exchange-traded funds (ETFs), separate accounts, and model portfolios.

As of March 31, 2023, the firm managed over $295 billion in assets under management (AUM).

Software and Data Platforms

Morningstar provides a suite of software and data platforms designed to assist investment professionals in their decision-making processes. Notable platforms include:

• Morningstar Direct: An investment-analysis and reporting application offering comprehensive data and analytics to help professional investment managers craft new products and portfolios.
• Morningstar Advisor Workstation: A suite of tools that provides financial advisors with resources to manage their practices, analyze investments, and connect with clients.
• Morningstar Office Cloud: A cloud-based platform for investment advisors integrating practice management, portfolio management, and client communication tools.

Credit Ratings and ESG Research

In 2010, Morningstar expanded its services by acquiring Realpoint, a credit rating agency, thereby entering the credit ratings and research sector.

In 2019, the firm enhanced its capabilities by acquiring DBRS, the world's fourth-largest credit ratings agency, and merged it with its existing credit rating business.

Additionally, Morningstar acquired Sustainalytics in 2020, a firm specializing in environmental, social, and governance (ESG) insights, to provide comprehensive ESG data and analytics to investors.

Global Presence

Headquartered in Chicago, Illinois, Morningstar has a significant global presence with offices in major cities worldwide.

Its locations include:

• Oak Park, IL, USA
• New York City
• London
• Paris
• Sydney
• Hong Kong
• Shenzhen
• Mumbai
• São Paulo

Morningstar's commitment to empowering investor success is evident in its comprehensive suite of products and services. It caters to a wide range of investment needs and supports informed decision-making across the global investment community.