Morningstar Investment Management LLC
Assets Under Management
$76.6B
Number of Clients
592,301
Number of Advisors
30
Average Client AUM
$129K
AUM per Advisor
$2.6B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Morningstar Investment Management LLC offers advisory services focusing on asset allocation, investment selection, and portfolio construction to retail and institutional clients. Services include institutional asset management, model investment strategies, seed accounts, and recommendations of other investment advisers or platforms.
Fee Structure
Fees are typically negotiated with institutional clients and can include fixed fees, basis-point fees, and/or technology licensing fees. Institutional Asset Management fees generally range from 2 to 15 basis points of assets managed, with minimum annual fees of $100,000-$200,000. Strategy fees range from 0-40 basis points. Select list fees range from $50,000 to $400,000 annually. Asset Allocation Services range from $50,000 to $500,000 annually.
Areas of Practice
Location
22 West Washington Street, Chicago, IL, 60602