Tuesday, January 20, 2015

Morningstar, Inc.: A Provider of Independent Investment Research


Morningstar, Inc. provides investors a wide range of products and services that would aid them attain their financial goals. The business is publicly traded on the NASDAQ, under the ticker symbol MORN and is registered as a provider of independent investment research globally. Incorporated in 1984, the business currently holds its headquarters in Chicago, Illinois.

The company operates in Asia, Australia, Europe and across North America. Its services offered are used by financial advisors, asset managers, individual investors, sponsors and providers of retirement plans. The portfolio of the company includes data of more than 479,000 investment offerings. This information also covers market data of stocks, commodities, precious metals, futures, indexes, equities, options, treasury markets, foreign exchange and futures that number to more than 13 million. In addition to its advisory and research services, Morningstar also offers investment management services through its subsidiaries.

As of September 2014, Morningstar has operations in 27 countries and has a total of $169 billion in assets under management. The company started out from the apartment that converted into an office of its founder Joe Mansueto. From a very small venture, the company has grown into a multi-million venture that generates more than $698.3 million in revenue. They continue to provide insights and sound advice to their clients by combining their global resources with their award-winning research. As of, the company employs more than 3,800 associates around the world. These employees are experienced in the industry of investment research and investment management and are committed to the success of their business partners.

By working closely not just with the investor, but also with the institution and advisors that serve their clients, they are able to catapult their customers to their financial goals. They continue to provide educated investment advice to their clients, advisory and management services and the necessary tools to help their partners analyze and research investment ideas.

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