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 the asset-management arm of the Morningstar platform that provides fee-based portfolio management across individual, family and institutional client segments. The firm is registered with the SEC (registered in 1999) and describes itself as a capital allocator that manages discretionary portfolios as well as offering advisory services to pooled vehicles and investment companies. Service offerings listed include portfolio management for individuals and businesses, pension consulting services, selection of sub‑advisers, and activity as a commodity pool operator or commodity trading adviser. Morningstar Investment Management uses a mix of fee structures (percentage of AUM, fixed fees and other arrangements) and does not present itself as an active ESG investor.