Morningstar
3.4 of 5 268 reviews
www.morningstar.com Chicago, IL 1000 to 5000 Employees

Morningstar Reviews in Chicago, IL

Updated Jun 27, 2014
All Employees Current Employees Only

3.4 132 reviews

                             

87% Approve of the CEO

Morningstar Chairman and CEO Joe Mansueto

Joe Mansueto

(107 ratings)

71% of employees recommend this company to a friend
132 Employee Reviews Back to all reviews
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    1 person found this helpful  

    Good people, good perks, dry work

    Marketing & Product Management Intern (Current Employee)
    Chicago, IL

    Pros- best in terms of work/life balance and work flexibility
    - friendly people and always willing to help
    - always a relaxed and laidback environment
    - beautiful office

    Cons- analysts protective of their work and models
    - segmented divisions and floors
    - hard to meet new people

    Advice to Senior Management- more social events please

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Data Analyst at Morningstar

    Data Analyst (Current Employee)
    Chicago, IL

    ProsThe culture and exposure to senior leadership is incomparable.

    ConsMoving within roles can be somewhat difficult at the company.

    Advice to Senior ManagementBetter manage internal people, especially younger employees, to decrease turnover.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Product Manager Intern

    Product Manager (Former Employee)
    Chicago, IL

    Pros-Excellent corporate culture
    - Room for advancement
    - Managers care about your growth, and are very flexible
    - Amazing work life balance

    ConsNone. Morningstar is an incredible company

    Advice to Senior ManagementGet more involved with interns and lower level employees

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    2 people found this helpful  

    A Fun Place to Work but Too Focused on Processes and Pressure to Gain Experience Outside of Job Description

    Data Analyst (Current Employee)
    Chicago, IL

    ProsOpen environment, friendly people, great benefits

    ConsDeadlines don't exist, difficult to move to a new position because of application requirements

    Advice to Senior ManagementExperience and current work performance should outweigh education background when considering promoting

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Great people, great company

    Marketing Intern (Former Employee)
    Chicago, IL

    Pros-My bosses were extremely nice, understanding and supportive
    -I got to do a variety of functions on the marketing team
    -Employees at Morningstar are approachable for anything - whether that be for advice or information about what they do

    Cons-I got to do a variety of things, but some of what I did was very dull and boring
    -The Morningstar Development Program isn't geared towards people who want a true financial services/analyst type job

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    9 people found this helpful  

    Delivers on benefits and perks, Falls short on career development and organizational stucture

    Analyst (Current Employee)
    Chicago, IL

    ProsGreat Benefits
    Acceptable focus on Work-Life balance
    Talented Professionals
    Company Perks - free beverages, lax dress code, company sponsored events

    ConsLack of overall organizational structure

    No formal training for managers results in poor middle management & leadership
    poor middle management results in mismanaged employees with no clear career path

    Poor compensation as compared to industry standards

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    5 people found this helpful  

    Good company but too much instability over the years

    Senior Project Manager (Current Employee)
    Chicago, IL

    ProsGreat senior management team, good benefits, nice office environment

    ConsLower pay, instability in certain business units due to so many reorganizations, too many young people are hired instead of mature professionals

    Advice to Senior ManagementThere have been too many reorganizations over the years, creating too much instability in certain business units. I have been with Morningstar over 8 years in the same unit and have experienced at least 6 different reorgs. So much change has been really hard on our group and turnover has been high lately as a result. This also has caused low morale on our team.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Great place to work

    Director (Current Employee)
    Chicago, IL

    ProsThe people are great. Very smart and very we'll rounded. The environment is very welcoming, and friendly. It is a great place to work.

    ConsI cannot think of anything at this time, it is a great place to work. Chicago is a great city and there's always great food nearby. Love the icy and I love working at Morningstar.

    Advice to Senior ManagementKeep up the great work!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    4 people found this helpful  

    Great people. investors first, but employee career paths need better definition.

    Mid-Level Management (Current Employee)
    Chicago, IL

    ProsWork with smart, committed, and engaging professionals at a widely respected firm with a solid, global presence.
    Positive company culture. Love the fact that the guy who started the firm in1984 is still CEO and works in a cubicle. No ivory towers or executive washrooms here.
    Benefits are above average, especially health care, sabbatical, and work-life balance.

    ConsYou'll make 20% less doing your job here than if you worked at a standard financial firm, but your life here is your own.

    Flat organization means limited opportunities for advancement.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    11 people found this helpful  

    Misery

    Analyst (Former Employee)
    Chicago, IL

    ProsSome people do not work very much. If you are one of those people, work-life balance is good for you.

    ConsI believe the company, at least the research department, systematically discriminates against older employees. If you have a career, pass this company by. If you are starting out in your career and want to learn how to carry out business in an unprofessional way with unpleasant people, this is your big chance.

    Advice to Senior ManagementFire yourselves.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Morningstar reviews and ratings in Chicago, IL — including employee satisfaction and approval rating for Morningstar CEO Joe Mansueto. All 132 reviews posted anonymously by Morningstar employees.