Morningstar Investment Management LLC
Chicago, IL·SEC-registered · CRD #108031
Morningstar Investment Management LLC is an SEC-registered investment advisory firm in Chicago, IL managing $88B across 516k client accounts, with 52 advisory staff.
Regulatory snapshot
Verify on SEC.govRegulatory AUM
$88B
Client accounts
516k
Advisory staff
52
Fee model
Fee-based
How Morningstar Investment Management LLC is paid
Compensation arrangements disclosed on Form ADV. A fee-based firm may earn both client fees and product commissions; ask which applies to you.
BEFORE YOU CALL MORNINGSTAR INVESTMENT MANAGEMENT LLC
See how Morningstar compares to your best-matched advisor
Answer a few questions and we'll match you with vetted fiduciary advisors screened for your goals, assets, and fees — then you can compare them side by side with Morningstar Investment Management LLC. Free, about 2 minutes, no obligation.
Client reviews
No reviews yet
Worked with Morningstar Investment Management LLC? Be the first to share your experience — every review is verified by a human before publishing.
Reviews are written by site users and human-moderated for authenticity; they are never provided or paid for by the firm. Star ratings reflect only published user reviews on AdvisoryReviews.
Common questions about Morningstar Investment Management LLC
How much does Morningstar Investment Management LLC manage?
Per its most recent SEC Form ADV filing (03/27/2026), Morningstar Investment Management LLC reports $88B in regulatory assets under management across roughly 516k client accounts.
How does Morningstar Investment Management LLC charge?
Morningstar Investment Management LLC is a fee-based firm. Its disclosed compensation arrangements are: % of assets, Commissions. Exact fee schedules appear in the firm's Form ADV Part 2 brochure — confirm current fees directly with the firm.
Is Morningstar Investment Management LLC a fiduciary?
Yes. Morningstar Investment Management LLC is registered with the U.S. Securities and Exchange Commission (CRD #108031), and SEC-registered investment advisers owe a fiduciary duty to act in their clients' best interest. You can verify its registration and any disclosures on the SEC's public record.
Is Morningstar Investment Management LLC taking new clients like me?
Availability and account minimums vary and aren't in the public filing. The fastest way to find out is the free 2-minute match — it checks Morningstar Investment Management LLC and comparable advisors against your goals and assets, and only surfaces firms open to your situation.
Other advisory firms in Chicago, IL
Profile compiled from Morningstar Investment Management LLC's public SEC Form ADV filing (CRD #108031, filed 03/27/2026). AdvisoryReviews is an independent comparison and matching service and is not affiliated with, endorsed by, or a partner of Morningstar Investment Management LLC. Listing does not imply any relationship. Figures are as reported to the SEC and may have changed; verify current details at adviserinfo.sec.gov. Are you with Morningstar Investment Management LLC? Claim this profile.