Morningstar Investment Management LLC

RIASEC RegisteredEst. 1999

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 SEC-registered advisory firm formed as a limited liability company in 1999. The firm serves both individual/family and institutional clients and functions as a capital allocator, providing portfolio management across individual accounts, pooled vehicles, investment companies and institutional mandates. Its stated advisory services include selecting other advisers and offering pension consulting services. Fee arrangements include percentage-of-AUM and fixed-fee structures, and the firm is identified as a commodity pool operator/commodity trading adviser in its activity mix. Morningstar Investment Management LLC does not identify as an active ESG investor.