Morningstar, Inc. is a provider of independent investment research in the United States and in major international markets. It offers an extensive line of Internet, software, and print-based products for individual investors, financial advisors, and institutional clients.

Morningstar is a source for insightful information on stocks, mutual funds, variable annuities, closed-end funds, exchange-traded funds, separate accounts, hedge funds, and 529 college savings plans. With operations in 18 countries, it currently provides data on more than 260,000 investment offerings worldwide.

Morningstar offers investment consulting and retirement planning services through Morningstar Associates, LLC and Ibbotson Associates; registered investment advisors and wholly owned subsidiaries of Morningstar, Inc. It also offers Morningstar® Managed Portfolios, an asset management service for financial advisors, through Morningstar Investment Services, Inc., a registered investment advisor, broker-dealer, and a subsidiary of Morningstar, Inc