| Nasdaq: MORN
Morningstar, Inc. provides independent investment research to investors around the world. It offers extensive line of products and services for individuals, financial advisors and institutional clients. Morningstar provides data on investment offerings including stocks, mutual funds and similar vehicles, along with real time global market data equities, indexes, futures, options, commodities and precious metals in addition to foreign exchange and treasury markets. The company offers investment consulting and retirement planning services through Morningstar Associates, LLC and Ibbotson Associates, registered investment advisors and wholly owned subsidiaries of the company. It also offers Morningstar Managed Portfolios, an asset management service for financial advisors, through Morningstar Investment Services, Inc., a subsidiary of Morningstar, Inc. The company operates through two business segments: Investment Information and Investment Management. The Investment Information includes all of its data, software and research products and services. The Investment Management consists all of its asset management operations. Morningstar was founded by Joseph D. Mansueto on May 16, 1984 and is headquartered in Chicago, IL.