Morningstar Reviews

Updated Jul 3, 2020

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4.0
82%
Recommend to a Friend
95%
Approve of CEO
Morningstar CEO Kunal Kapoor
Kunal Kapoor
373 Ratings
Pros
Cons
  • "Finally, readers of these reviews will see a lot about "low pay", but what needs to be understood is Morningstar is not a Technology company(in 47 reviews)

  • "The company's cash is spent on acquisitions and overstaffed senior management(in 31 reviews)

More Pros and Cons
  1. Featured Review
    Helpful (4)

    "Relaxed, Thoughtful, Fun Culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Designer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for more than 5 years

    Pros

    The people by far are one of Morningstar’s great strengths. Everyone is professional, friendly, down to earth, but also intellectually curious, smart, and passionate about their work. It’s a fantastic combination of qualities that make coming to work every day a real joy. The company, as a whole, is also very self-reflective and works hard to learn and grow from any issues that arise and to engage in open conversations with it’s employees.

    Cons

    No strong cons, the company has grown significantly in a short amount of time which has it’s own set of growing pains. However, as mentioned above there’s a lot of self reflection happening as an organization as well as transparency that goes a long way in sanding down any rough patches.

  2. "Mission driven company with opportunities to grow"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Product Management in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for more than 5 years

    Pros

    -Mission and value driven company at all levels -An emphasis on inclusion and outside thinking/perspective -Rewarded and recognized for going above and beyond -Opportunity to change your career path if you've proven yourself and have an interest in a certain area of the business that is hiring

    Cons

    -Back-filling positions for colleagues who have left is lacking -Salary is not above-average

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  3. "Overall well-rounded company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Accounting 
    Recommends
    Approves of CEO

    I have been working at Morningstar full-time

    Pros

    -Flexible hours -Great response to COVID -sabbaticals -open work environment

    Cons

    work/life balance is difficult as new resources are hard to come by

  4. "Overall Positive Experience and Great People"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Project Manager in Chicago, IL

    I worked at Morningstar full-time for more than 3 years

    Pros

    Decent work-life balance for financial services. Good place to learn a lot and get broad exposure across a global and growing company. Really great people. Strong benefits package. Lots of responsibility given to capable younger employees.

    Cons

    Not a lot of good on-boarding or training provided by the company. Need to seek a lot of professional development from outside. Quite a bit of turnover.

  5. Helpful (1)

    "A truly purpose driven brand"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for more than a year

    Pros

    - It's a purpose driven company that finds creative and engaging ways to get buy in internally first before taking out to express in the external world - Leadership cares about employee phycological safety on a very deep and meaningful level - A diverse, healthy business with endless growth opportunities across the entire organization - There is a great autonomous culture allowing people to try new things that they believe supports objectives of the business. - It's a flat organization and you get to engage with business leaders everyday. There are no egos and people respect and challenge each other in purpose driven ways.

    Cons

    A a little bit fiscally conservative when it comes to how much people make.

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  6. "Great Place to Work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Success Manager in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Morningstar full-time for more than 8 years

    Pros

    Unlimited vacation policy and 6-week paid sabbatical every 4 years allow for good work-life balance and time to travel, relaxed atmosphere, collaborative colleagues are easy to work with, good 401k match and insurance, engaging work and opportunities to build skills.

    Cons

    Pay lower than some competitors, some offices have less opportunities, some teams are less open to remote work, some products can be slow to add features or fix issues compared to competitors, misguided KPIs on support teams sometimes lead to bad client experiences.

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  7. "Great Place to Start a Career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Equity Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for less than a year

    Pros

    -Great Benefits: 401(k) match, health-care, access to Morningstar's product suite, education, CFA stipends, dental, vision, etc. -Learning organization: always encouraging analysts and other employees to get better at their craft, providing a slew of resources to encourage that -Expectations are reasonable, but allow you to take initiative and make changes where you see fit. There are days in any job where you have work that you'd prefer not to have to do, but you have a lot of autonomy right off the bat in setting up your project schedule to maximize results that you see as important for the business

    Cons

    -Compensation: not a huge deal, but anticipate compensation slightly below market averages

  8. "My first Year at Morningstar"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Managing Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for less than a year

    Pros

    Half of the CEOs direct reports are new to the company, where their roles were filled by external hires; the other half of the direct reports are internal hires. Great balance, I have seen really good executive collaboration, and there have been 4 acquisitions completed over the last two years. The leadership team is composed of builders, and this is a great time to participate in this chapter of the Company's growth!

    Cons

    company is still very midwestern focused; overall top line revenue is still majority US based; and there is a lack of international executive experience.

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  9. "pros and cons"

    5.0
    Current Employee - MDP in Chicago, IL

    I have been working at Morningstar full-time

    Pros

    Rotation program, office in the heart of the city, easy interview process, friendly HR

    Cons

    salary is lesser than what other companies in Chicago are paying

  10. "Great place to work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time for less than a year

    Pros

    great employee-friendly policy and good salary

    Cons

    Office space can be a bit better

    Continue reading
Found 1061 reviews