Kunal Kapoor, CEO of Morningstar<\/strong>, said: “Morningstar was founded in Chicago more than four decades ago, and we’re proud to continue building our future here. As long-term investors, we believe in backing people and communities with enduring potential. Our new headquarters and community commitment reflect our confidence in Chicago, our people, and the opportunities ahead.\u201d<\/p>\n Investing in Chicago\u2019s future<\/strong><\/p>\n Morningstar is investing with conviction in Chicago\u2014in its people, its communities, and its long-term economic prospects.<\/p>\n Investing in community impact<\/strong><\/p>\n Alongside its headquarters move, Morningstar plans to donate $5 million over the next five years to Chicago nonprofits starting in 2027, combining citywide coordination with community-level investment:<\/p>\n Morningstar\u2019s new community giving and impact strategy focuses on harnessing the power of information to help break down barriers to investing and expand financial opportunity. To bring this strategy to life, Morningstar\u2019s cross-functional Community Impact Committee selected United Way of Metro Chicago<\/a> to lead a multi-year selection and evaluation process to administer $4 million to support grants for nonprofits in the strategy\u2019s two focus areas:<\/p>\n Interested nonprofits can contact the United Way of Metro Chicago at LIVEUNITEDchicago.org\/Morningstar<\/strong> and sign up to receive updates about the Morningstar Commitment to Chicago Fund, which will officially begin administering grants on behalf of Morningstar in 2027.<\/p>\n Investing in Morningstar\u2019s people<\/strong><\/p>\n Located at 171 N. LaSalle Street, the Thompson Center is one of the city\u2019s highest-profile revitalization projects, adapting and transforming an iconic landmark into a modern workplace designed for collaboration and innovation. Following a rigorous evaluation process conducted with CBRE<\/a>, Morningstar will co-anchor the building with Google and occupy more than 275,000 square feet. The company plans to move in late 2028.<\/p>\n Mike Miller, Vice President & Chicago Site Lead at Google<\/strong>, said: “We are incredibly excited to welcome Morningstar to the Thompson Center as we continue transforming this iconic building into a vibrant city hub. Having two great American brands alongside each other represents a bright future for the next generation of Chicago talent, technology, and creativity.\u201d<\/p>\n “The Thompson Center was designed around openness and transparency, values that also reflect Morningstar’s mission. It was designed by Helmut Jahn explicitly to connect the people in the building to the people in the surrounding city. This exciting renewal of that purpose will help make it a place where people can come together to learn, grow, and create insights that help investors make better decisions,\u201d Kapoor said.<\/p>\n Morningstar\u2019s new headquarters design focus will be around how people work, removing friction and creating space for focus, collaboration, and growth. Key features of the building and planned space include:<\/p>\n Morningstar expects its presence to further support local businesses, increase foot traffic, and contribute to Chicago\u2019s position as a global business and financial hub.<\/p>\n Statements of support<\/strong><\/p>\n JB Pritzker, Governor:<\/strong> \u201cFor 40 years, Morningstar has called Chicago home. Its decision to relocate to the Thompson Center is another vote of confidence in the city and in Illinois as a place where businesses can grow,\u201d said Governor JB Pritzker. \u201cMorningstar\u2019s continued investment will bring new energy to the LaSalle Street corridor, and I look forward to seeing what the next 40 years bring.\u201d<\/p>\n Brandon Johnson, Chicago Mayor: <\/b>\u201cI want to thank Morningstar for its continued investment in Chicago and congratulate the company on this exciting new chapter,\u201d said Mayor Brandon Johnson. \u201cAfter more than 40 years in Chicago, Morningstar\u2019s decision to relocate its global headquarters to the Thompson Center reaffirms its longstanding commitment to our city and its continued confidence in our central business district and the future of the LaSalle Street corridor. Morningstar\u2019s $5 million commitment to local nonprofits will also help Chicagoans build financial security and gain the skills to pursue good-paying careers, ensuring that the benefits of economic growth extend beyond downtown and into our neighborhoods.\u201d<\/p>\n Sean Garrett, President and CEO, United Way of Metro Chicago<\/strong>:\u201cUnited Way of Metro Chicago is proud to team with Morningstar as it deepens its philanthropic commitment to Chicago through a $5 million investment in the city\u2019s people, neighborhoods, and future. Morningstar\u2019s leadership and collaboration will expand access to financial and workforce development programs, helping to build vibrant, thriving communities. Together, through the Morningstar Commitment to Chicago Fund, we will create lasting impact across the Chicago region.\u201d<\/p>\n Derek R.B. Douglas, President of the Civic Committee and the Commercial Club<\/b>:\u201cChicago\u2019s future depends on growth. This commitment from Morningstar helps ensure that we can turn our vision of a growing Chicago into real opportunities and prosperity across the city. As a global company rooted in Chicago that has invested in Chicagoans for decades, Morningstar reflects the bold ideas, collaborative spirit, and civic dedication that make Chicago special and we look forward to building on this momentum together.\u201d<\/p>\n Phil Clement, President and CEO of World Business Chicago: <\/b>\u201cOn behalf of Chicago\u2019s business community, I congratulate the entire Morningstar team,\u201d said Phil Clement, President and CEO of World Business Chicago. \u201cBillions of dollars in investment are taking shape across our city, from downtown to our neighborhoods. Morningstar\u2019s decision to co-anchor the Thompson Center with Google adds to that momentum, bringing new vitality to the Loop and serving as another catalyst in our city\u2019s renaissance. More than 40 years after its founding here, Morningstar is reaffirming what the world increasingly sees: Chicago is where business can and will thrive.\u201d<\/p>\n Key Facts<\/strong><\/p>\n Learn more about career opportunities at Morningstar at www.morningstar.com\/company\/careers<\/a>.<\/p>\n Morningstar was represented by Stacy Osmond of DLA Piper and the CBRE team of Jon Milonas, Peter Livaditis, and Haley Maxwell.<\/i><\/p>\n About Morningstar, Inc.<\/strong><\/p>\n Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $375 billion in AUMA as of June 30, 2026. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com\/company<\/a>.<\/p>\n Caution Concerning Forward-Looking Statements<\/b><\/p>\n This press release contains forward-looking statements as that term is used in the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations about future events or future performance. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words such as \u201c consider,\u201d \u201cfuture,\u201d \u201cmaintain,\u201d \u201cmay,\u201d \u201cexpect,\u201d \u201cpotential,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201cwill,\u201d \u201cintend\u201d, \u201caim\u201d or the negative thereof, and similar expressions. These statements involve known and unknown risks and uncertainties that may cause the events we discuss not to occur or to differ significantly from what we expect. For us, these risks and uncertainties include, among other things, failure to relocate Morningstar headquarters and failure to achieve the anticipated benefits of the community investment initiatives, in each case, on a timely basis or at all. A more complete description of these risks and uncertainties can be found in our filings with the Securities and Exchange Commission (SEC), including our most recent Report on Form 10-K. If any of these risks and uncertainties materialize, our actual future results and other future events may vary significantly from what we expect. We do not undertake to update our forward-looking statements as a result of new information or future events or otherwise, except as may be required by law. You are, however, advised to review any further disclosures we make on related subjects, and about new or additional risks, uncertainties and assumptions in our filings with the SEC on Forms 10-K, 10-Q and 8-K.<\/p>\n \u00a92026 Morningstar, Inc. All rights reserved.<\/p>\n MORN-C<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260930828841\/en\/<\/a><\/span><\/p>\n Media Contact: <\/b>Stephanie Lerdall,+1 312 696-6037, Newsroom@morningstar.com<\/a><\/p>\n KEYWORDS:<\/b> United States North America Illinois<\/p>\n INDUSTRY KEYWORDS:<\/b> Professional Services Other Philanthropy Philanthropy Finance<\/p>\n\n
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