Morningstar Investment Management LLC

RIASEC Registered

Total AUM

$87.8B

Discretionary

$87.8B

100% of AUM

Avg account

$170K

Accounts

515,981

Employees

267

Advisory reps

Firm details

Headquarters: Chicago, Illinois
CRD number: 108031
Registered since: October 18, 1999
Custodians: LINCOLN FINANCIAL DISTRIBUTORS, INC., CHARLES SCHWAB & CO., INC., STATE STREET BANK AND TRUST COMPANY
Fee structure: Percentage of AUM, Fixed Fees, Other
Client types: Individuals40.53%
Other33.96%
Pension & Profit Sharing Plans13.88%
Investment Companies7.11%
HNWI4.53%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Morningstar Investment Management LLC is an asset manager and allocator that serves both individual/family and institutional clients. The firm is SEC-registered (registered in 1999) and describes its role as a capital allocator that builds and manages portfolios directly and by selecting external managers. Its advisory services span portfolio management for individuals, pooled investment vehicles and investment companies, pension consulting, and the selection of other advisers. Fee arrangements include percentage-of-AUM, fixed fees, and other structures. The firm does not identify as an active ESG investor and also lists CPO/CTA activity among its business activities.