U.S.A.
About Us
About Us
Newsroom
Investor Relations
Morningstar Timeline
1984
Joe Mansueto establishes Morningstar in his Chicago apartment
1985
Morningstar Rating™ for mutual funds debuts
1986
Morningstar® Mutual Funds™ launches
1991
CD-ROM-based Principia® software for advisors launches
Paul Rand designs a new logo for Morningstar
1992
Morningstar creates the nine-square Morningstar Style Box™
Morningstar® FundInvestor™ newsletter debuts
Revenue exceeds $10 million
1994
I.D. (International Design) Magazine names Morningstar® Mutual Funds™ binder best package of the year
1996
Morningstar category system for mutual funds debuts
1997
Morningstar.com® launches
1998
Tokyo-based Softbank and Morningstar establish a joint venture in Japan
Morningstar® StockInvestor™ newsletter debuts
1999
Morningstar offices open in Australia and New Zealand
Softbank acquires 20% stake in Morningstar
Morningstar expands operations into Canada
Revenue exceeds $50 million
2000
Morningstar launches online retirement advice service
Morningstar Europe, Morningstar Asia, and Morningstar Korea open
Morningstar Japan completes initial public offering on NASDAQ-Japan
2001
Morningstar Direct (formerly Morningstar® DataLab®) debuts
Morningstar® Advisor Workstation launches
Morningstar® Managed Portfolios launches
Morningstar Rating for stocks debuts
2002
Morningstar® Indexes debuts
Morningstar.com surpasses 100,000 Premium Members
Revenue exceeds $100 million
2003
Morningstar managed retirement accounts launch
Style Box "Ownership Zones" debut
Morningstar acquires mPower
Morningstar Rating for separate accounts debuts
2004
Morningstar begins creating a hedge fund database
Morningstar® Advisor Workstation Office Edition launches
Morningstar begins providing independent equity research under Global Analyst Research Settlement
Stewardship Grade for funds debuts
2005
Morningstar completes auction-style initial public offering
Morningstar acquires Finetre's VARDS unit
Morningstar introduces Morningstar Rating for load-waived A shares of mutual funds
Revenue exceeds $200 million
2006
Morningstar completes acquisition of Ibbotson Associates, a privately held firm that specialized in asset allocation services
Morningstar Rating for exchange-traded funds debuts
Morningstar acquires Aspect Huntley in Australia, a privately held firm with a well-developed Australian equity database, newsletters, and investment magazines
Morningstar acquires InvestorForce’s hedge fund and separate account databases
Morningstar introduces new investor return data
Revenue exceeds $300 million
2007
Morningstar acquires the fund data business from Standard & Poor's
Morningstar UK begins providing research and qualitative analysis of UK open-ended investment companies and unit trusts
Ibbotson Associates receives patent based on the concept of human capital
Revenue exceeds $400 million
2008
Morningstar acquires Hemscott businesses from Ipreo Holdings LLC
Star ratings and indexes for hedge funds debuts
Morningstar acquires Financial Computer Support, Inc., provider of dbCAMS+ advisor practice management software
Morningstar acquires UK-based Fundamental Data Limited, a leading provider of closed-end fund data
Morningstar acquires 10-K Wizard, a leading provider of real-time SEC EDGAR filing research and alert services
Morningstar acquires UK-based Tenfore Systems Limited, a global provider of real-time market data and financial data workstations
Morningstar acquires InvestData (Proprietary) Limited, a leading provider of fund information in South Africa
Revenue exceeds $500 million
Morningstar launches qualitative research and ratings for European and Asian mutual funds
2009
Morningstar acquires global financial filings database of Global Reports LLC
Morningstar acquires equity research and data business of C.P.M.S. Computerized Portfolio Management Services, Inc.
Morningstar acquires Andex Associates, Inc.
Morningstar acquires Intech Pty Ltd, a leading provider of multi-manager and investment portfolio solutions
Morningstar becomes majority owner in Morningstar Korea Co., Ltd.
Morningstar acquires minority equity stake in PitchBook Data
Morningstar acquires Logical Information Machines, Inc.
Morningstar begins publishing corporate credit ratings
2010
Morningstar invests in Bundle, a social media company dedicated to helping people make smarter spending and saving choices
Morningstar acquires Footnoted.org website and Footnoted Pro service of Financial Fineprint, Inc.
Morningstar acquires Sydney-based Aegis Equities Research, a leading provider of independent equity research
Morningstar acquires London-based Old Broad Street Research Ltd., a premier provider of fund research, ratings, and investment consulting in the United Kingdom
Morningstar acquires Realpoint, LLC, a Nationally Recognized Statistical Ratings Organization (NRSRO) that specializes in structured finance
Morningstar acquires Seeds Group, a leading provider of investment consulting services and fund research in France
Morningstar acquires remaining ownership interest in Morningstar Danmark
Morningstar acquires annuity intelligence business of Advanced Sales and Marketing Corp. (ASMC)
Morningstar opens offices in Brazil, Chile, Mexico, and Luxembourg
2011
FORTUNE Magazine names Morningstar to its “100 Best Companies to Work For” list
Morningstar launches new ETF data points for total cost analysis and ETF managed portfolios database
Morningstar launches RMBS ratings and surveillance analytics
Morningstar launches Morningstar Analyst Rating™ for funds and Global Fund Report
Morningstar acquires 20% ownership stake in YCharts, a stock research tools and analysis firm
Revenue exceeds $600 million
2012
Morningstar invests in HelloWallet
Morningstar launches qualitative ratings for UK closed-end funds
Morningstar opens an office in Dubai
Morningstar begins publishing municipal bond research 
Morningstar divests footnoted, Australian financial services trade publishing, and Investor Relations Services businesses
Morningstar launches qualitative ratings for UK closed-end funds
2013
Morningstar acquires remaining ownership interest in Morningstar Sweden
Morningstar expands equity coverage with the introduction of quantitative ratings and reports
Morningstar introduces the next generation of Morningstar® Retirement Manager
Morningstar launches managed portfolios service in the U.K. and Morningstar® for iPad®
2014
Morningstar acquires ByAllAccounts, Inc. and HelloWallet Holdings, Inc.
Morningstar launches Manager Research Services for institutional investors
Revenue exceeds $700 million
2015
Morningstar launches Morningstar for Advisors iPad app and market-monitoring app for Apple Watch; introduces investment management business in South Africa; acquires remaining ownership interest in Ibbotson Associates Japan K.K. and Total Rebalance Expert (tRx) investment portfolio rebalancing platform for advisors
2016
Morningstar introduces the Morningstar Sustainability Rating™ for funds; acquires RequiSight, LLC (RightPond); acquires InvestSoft Technologies; launches Global Risk Model
Who We Are
The Morningstar Story
Morningstar Timeline
Leadership
Recognition
Diversity and Inclusion
Community Outreach
Behavioral Science Advisory Board
Global Contacts
Morningstar Events
© Morningstar. All rights reserved.