Morningstar reviews

3.8

76% would recommend to a friend

(4,120 total reviews)
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Kunal Kapoor

84% approve of CEO

71% positive business outlook

Morningstar has an employee rating of 3.8 out of 5 stars, based on 4,120 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morningstar employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

4K reviews
5.0
Apr 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Morningstar is a great place to work. It sets itself apart in the financial services industry by genuinely supporting and developing a long-term, investor first approach. This is shockingly rare and deserves praise. This is a place where ideas win. For a firm with ~5k staff, it's fairly flat and it's easy to pitch ideas that will significantly improve the business. It has a great friendly, candid culture that many will find a rewarding and refreshing environment to work within. This is a company that cares about its team. Kunal, the recently appointed CEO, is an impressive leader and has very sensible plans for the company's future. There's recently been a refresh of several key executive positions (marketing, tech, product) and a renewed focus on driving a performance culture. My sense is that Morningstar under Kunal will retain all the stuff that has made it great but he'll take a more aggressive approach to addressing some of our shortcomings. These are all welcome changes and help ensure the Morningstar of tomorrow will be better equipped to continue winning in the marketplace.

Cons

No company is perfect and Morningstar has areas to work on. As with any global firm there's a constant battle between global and local priorities, and we have work to do reduce tech debt and better enable teams to get on with their important work of solving real investor problems.

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Morningstar Response
9y
Thanks for your kind words and thoughtful insights. I couldn’t agree more with your perspective, including your constructive criticisms and advice. I can say with confidence we’re working hard to address all of your suggestions at both the global and local level. But, as you know, some of these shifts take time before the impact is felt. I know many of your comments are relevant to Morningstar globally, but since we’re both in Sydney, I wanted to confirm that in the Australia operation we agree that we must continue to hone a focused strategy. We’ve initiated a strategic plan for the next 10 years that will help guide our resource allocation. This includes focusing on areas where we believe we have competitive advantages, but also includes identifying activities we will stop doing so we can reallocate resources elsewhere. All of your advice to management is very consistent with our goals and where we are trying to take the organization. We’re very happy to entertain specific ideas to keep moving things in that direction, so please keep them coming. And I’d be happy to sit down one-on-one with you to brainstorm and enlist your help. Feel free to reach out to me directly at any time! Thanks again.
5.0
May 4, 2012
Recommend
CEO approval
Business Outlook

Pros

The people at Morningstar are extremely helpful. Everyone is more than willing to assist a fellow coworker. It is an extremely relaxed environment with even senior members out on the floor.

Cons

The departments are very specialized

5.0
Jun 4, 2017
Recommend
CEO approval
Business Outlook

Pros

I don't have a background in finance, so was initially unsure about considering a role in financial services. Morningstar is different. It's highly ethical and is full of smart people who collaborate together. It's the kind of culture that strives to hire people with different backgrounds, perspectives, interests, and areas of expertise. I've been given the opportunity to move around the company, try new things, even move across the globe. Morningstar goes out of its way to retain committed, hard-working, and engaged staff who believe in its mission to help investors of all shapes and sizes.

Cons

Every company has its worts, but Morningstar's pale in comparison. Our structure is complex, and our scope is vast; these realities do create some challenges.

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