Summary: The company offers Internet, software, and print-based products and high quality transcription services for individuals, financial advisors, and institutional clients. Morningstar provides data on approximately 350,000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 20 countries.

Morningstar created the Morningstar Rating, Morningstar Style Box and other proprietary measures in order to help individual investors understand their investments. Morningstar provides free tools to individual investors on each of its regional websites.

Morningstar managing director Don Phillips also figured prominently in the 2004 Senate hearings on how to correct some actions performed by many investment companies, brokerage companies, and ultimately mutual fund companies with respect to market-timing arbitrage.

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