Last $68.35 USD
Change Today +0.39 / 0.57%
Volume 47.5K
MORN On Other Exchanges
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NASDAQ GS
Munich
As of 8:10 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

22 West Washington Street

Chicago, IL 60602

United States

Phone: 312-696-6000

Fax: 312-696-6009

ngstar Style Box, and Morningstar.com Seasonality The company’s smaller products, such as its financial communications materials and its annual investment conference in Chicago, generate the majority of their revenue in the first or second quarter of the year. Regulations United States: As of December 31, 2013, three of its subsidiaries, Ibbotson Associates, Inc., Morningstar Associates, LLC, and Morningstar Investment Services, Inc. are registered as investment advisors with the Securities Exchange Commission (SEC) under the Investment Advisers Act of 1940, as amended (Advisers Act). As registered investment advisors, these companies are subject to the requirements and regulations of the Advisers Act. Morningstar Investment Services, Inc. is a broker-dealer registered under the Securities Exchange Act of 1934 (Exchange Act) and a member of FINRA. Morningstar Credit Ratings, LLC is registered with the SEC as a Nationally Recognized Statistical Rating Organization (NRSRO) specializing in rating structured finance investments. As an NRSRO, Morningstar Credit Ratings, LLC is subject to the requirements and regulations under the Exchange Act. Such requirements relate to, among other things, record-keeping, reporting, governance, and conflicts of interest. As part of its NRSRO registration, Morningstar Credit Ratings is subject to annual examinations by the SEC. Australia: The company’s subsidiaries that provide financial information services and advice in Australia, Morningstar Australasia Pty Limited and Ibbotson Associates Australia Ltd. are registered, and holds an Australian Financial Services license and is subject to oversight by the Australian Securities and Investments Commission (ASIC). The United Kingdom: Morningstar Investment Management Europe Limited and OBSR Advisory Services Limited are authorized and regulated by the Financial Services Authority to provide advisory services in the United Kingdom. Customers The company focuses on four primary customer groups: advisor, including independent financial advisors, as well as those affiliated with broker-dealers, other intermediaries, and retail brokerage firms; asset management, including fund companies, insurance companies, and other companies that build and manage portfolios of securities for their clients; retirement, including retirement plan providers and plan sponsors; and individual investors. Competition The company’s competitors include Bloomberg; Standard & Poor's, a division of McGraw Hill Financial; and Thomson Reuters. History Morningstar, Inc. was founded in 1984. The company was incorporated in Illinois in 1984.

 

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