| | 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 establishes presence 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 to five investment banks under Global Analyst Research Settlements | | Fiduciary Grade™ (now 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 specialised 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 on its portfolio creation technique based on the concept of human capital | | Equity option data, educational content, analysis, and volatility indexes become available on Morningstar.com | | Revenue exceeds $400 million |
| |
| | 2008 | | Morningstar acquires the Hemscott data, media, and investor relations website 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 | | 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 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 |
| |
|
| | |
