Morningstar Reviews | Glassdoor

Morningstar Reviews

Updated April 20, 2017
103 reviews

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5.0
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Morningstar CEO Kunal Kapoor
Kunal Kapoor
8 Ratings

103 Employee Reviews

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Pros
  • Good work life balance, good working environment, few good projects for techie (in 118 reviews)

  • So much room for growth, very obvious care for clients, energetic and intellectually stimulating work environment (in 65 reviews)

Cons
  • Very low pay (made up for with excellent perks) (in 34 reviews)

  • Some senior management guys can hardly communicate in fluent english (in 23 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Great company and culture, committed to improving"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in Sydney (Australia)
    Current Employee - Product Manager in Sydney (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time (More than a year)

    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.

    Advice to Management

    Continue working on cutting bureaucracy, focusing our strategy (we have too many products), empowering teams, improving rewards, driving an investor mindset throughout the organisation, improving technology (team and personal), refreshing the talent pool (double down on employee development), and allowing teams to focus on the top 2-3 activities that'll make a real difference.

    Morningstar Response

    Apr 13, 2017 – CEO, Morningstar Australasia

    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 ... More


  2. Helpful (3)

    "awesome culture - one of the best i've experienced"

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

    I have been working at Morningstar full-time (More than a year)

    Pros

    Excellent culture; positive, supportive, and helpful. Every team member, for the most part, is mindful of the company's values and vision. There is equal value on hard work as well as work place flexibility. management is mindful of employee needs, and teammates look out for one another

    Cons

    long hours are expected by management, and not very generously compensated for it. larger teams can feel slightly disorganized or disjointed in communication, especially with overseas team

    Advice to Management

    continue to emphasize culture and the supportive environment. it is really the best thing i've experienced in my career, and it is what set morningstar apart from many, if not most, companies i've worked for or interacted with

    Morningstar Response

    Apr 4, 2017 – CHRO

    Thanks for your encouraging words and your five star review. I completely agree that our culture and our people contribute to a work environment that is supportive, values-based, hard-working, and ... More


  3. Helpful (1)

    "HR Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources Intern in Chicago, IL
    Current Employee - Human Resources Intern in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar part-time (More than a year)

    Pros

    So much room for growth, very obvious care for clients, energetic and intellectually stimulating work environment

    Cons

    Can't think of any! Great place to work.


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  5. Helpful (3)

    "Product Marketing Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Marketing Manager in Chicago, IL
    Current Employee - Product Marketing Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time (More than 3 years)

    Pros

    Smartest people and also the kindest, and people have very long tenures so there is deep expertise

    Cons

    Long-established structure and ways of doing things can make it hard to change up the way things are done

    Advice to Management

    Be more transparent with the way we communicate, please!

    Morningstar Response

    Feb 21, 2017 – CEO

    Thanks for your encouraging feedback. We're glad you appreciate some of the really great aspects of our company and culture, particularly our people. We do try to foster a culture of kindness in our ... More


  6. Helpful (2)

    "Software Developer"

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

    I have been working at Morningstar full-time (More than a year)

    Pros

    Good work life balance, good working environment, few good projects for techie

    Cons

    less salary, old tech stack, less bonus.

    Morningstar Response

    Feb 22, 2017 – Chief Technology Officer

    High five! Thanks for your positive feedback and for doing your part to make the Technology team here at Morningstar even stronger. I obviously don't know what you work on, but as you know ... More


  7. Helpful (4)

    "I Like It"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Chicago, IL
    Current Employee - Sales Associate in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time (More than a year)

    Pros

    Great work/life balance
    Ability to grow in the company and wear different hats
    Great people

    Cons

    Everyone knows compensation should be a bit more competitive. Especially for workers that work hard (compared to some that come in at 9:30 and leave at 4:30).

    Advice to Management

    Make the MDP program better. You hire amazingly talented recent college graduates but the first rotation which is typically service or data is not challenging enough.


  8. Helpful (3)

    "Morningstar Development Program - great place to start"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Morningstar Development Program in Chicago, IL
    Current Employee - Morningstar Development Program in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morningstar full-time (Less than a year)

    Pros

    -Great people - everyone here is very down-to-earth and friendly, it's a very pleasant workplace environment
    -No industry experience needed, and nobody judges you for asking questions
    -Work/life balance is excellent
    -Managers are very receptive to new ideas and willing to let you run with them
    -This has been a good first job out of undergrad in terms of meeting lots of people at different points in their career, opportunities to continue education and develop as a person.

    Cons

    -In the MDP program you have limited choice over your first role

    Advice to Management

    -Seating arrangements don't entirely make sense


  9. Helpful (1)

    "Great Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook

    I have been working at Morningstar full-time (More than 8 years)

    Pros

    Great culture, great mission and great place to work.

    Cons

    Work life balance is a positive but can lead to retention of low performers

    Advice to Management

    Reward the top performers at the risk of work life balance


  10. Helpful (1)

    "Company Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Chicago, IL
    Current Employee - Data Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company! Treats its employees really well. Lots of growth opportunities. Good healthcare, wellness programs. Wonderful diversity in the office. Every one is down to earth.

    Cons

    The free coffee could be better, but hey what couldn't be better, right?

    Advice to Management

    Keep it up, let's out-do google in employee development and perks!

    Morningstar Response

    Oct 13, 2016 – President

    Thanks for the kind feedback and your recognition of a few things that make Morningstar a unique and wonderful place to work. We got a chuckle out of your coffee comment, since, as you know, this ... More


  11. "Awesome company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern - Hourly in Chicago, IL
    Former Intern - Intern - Hourly in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morningstar as an intern

    Pros

    - Perfect blend of autonomy and collaboration
    - Open minded, intelligent employees
    - Cool office space

    Cons

    None that jump to mind


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