Morningstar, Inc.
US financial services company / From Wikipedia, the free encyclopedia
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Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, and was founded in 1984. It provides an array of investment research and investment management services.
Company type | Public |
---|---|
Industry | Investment research, Investment management |
Founded | 1984; 40 years ago (1984) |
Founder | Joe Mansueto |
Headquarters | , U.S. |
Key people | |
Revenue | US$1.870 billion (2022)[1] |
US$167.8 million (2022)[1] | |
US$70.5 million (2022)[1] | |
AUM | US$295 billion (2023) |
Owner | Joe Mansueto (39.7%) |
Number of employees | 9,556 (2021) |
Subsidiaries | MORNINGSTAR JAPAN K.K. (22.1%) |
Website | morningstar |
Footnotes / references [2][1] |
With operations in 29 countries, Morningstar's research and recommendations are considered by financial journalists as influential in the asset management industry, and a positive or negative recommendation from Morningstar analysts can drive money into or away from any given fund.[3][4] Through its asset management division, the firm currently manages over US$295 billion as of March 31, 2023[update].[5]
The firm also provides software and data platforms for investment professionals, including "Morningstar Research Portal", "Morningstar Direct" and "Morningstar Advisor Workstation".