Your privacy is very important to us. At Morningstar, we strive for transparency and trust when it comes to your privacy.
Our privacy statements outline how we collect, use, and share different types of personal information and the reasons for doing so. If you have any questions regarding any of our privacy statements, please contact us at privacyenquiries@morningstar.com.
Last updated: December 14, 2020
Morningstar, Inc. and its affiliates (collectively, “Morningstar”) are committed to keeping your personal information safe. This General Privacy Statement describes how we use personal information, with whom we may share it, how we keep it secure, and your rights relating to your personal information.
This Privacy Statement is intended for residents of jursidictions where Morningstar does not provide a jurisdiction-specific statement and applies to Morningstar users and customers (or “you”) who use, order, register or interact with any product or service from any Morningstar business. This includes customers and subscribers, product users, site visitors, and event attendees.
Morningstar offers a wide range of products and services throughout the world and may use your information in different ways. Morningstar's subsidiaries may have product-specific privacy statements on how a specific product handles personal information. You can find more about these subsidiaries' products below.
Morningstar collects your personal information through your interactions with us or from third-party sources. Specifically, we collect your information when:
We may also collect information about you from third parties, including:
The types of personal information we collect depend on your interactions with us and may include the following:
How Morningstar uses your information depends on the product and service that you use and your relationship with us. We use personal information as permitted under applicable law, as you request or consent to, and for the following purposes:
Morningstar shares your personal information with other Morningstar companies, our business partners, content providers, clients, service providers, and other third parties with your consent or for the purposes disclosed above in this Privacy Statement.
Where applicable, Morningstar may provide links to one or more third-party sites within our products or services. This Privacy Statement does not apply to those sites. We encourage you to read any third-party site’s privacy policy before providing any of your personal information to them.
Morningstar maintains a comprehensive information security program intended to keep your information safe. We have technical, physical, and organizational measures in place to protect against unauthorized access to or unauthorized alteration, disclosure, or destruction of personal information. The measures we use are appropriate to the nature, scope, and purpose for which we use the personal information we collect.
Our security and privacy policies are periodically reviewed and enhanced as necessary and only authorized individuals have access to the information provided.
Morningstar companies, its operations, workforce, and service providers are located throughout the world. Depending on how you interact with us, your personal information may be handled and stored in, accessed from, or transferred to different countries. Whenever we transfer personal information to different countries, we take steps to ensure that the personal information we transfer receives adequate protection in the jurisdictions that we handle or store it.
If you have additional questions about how we protect your information, please contact us.
Certain jurisdictions provide their residents rights to access, correct, restrict the sale of, or erase personal information. These rights are not absolute, and they don't always apply in all cases.
If applicable, you can exercise your rights by sending us a personal data access request here. In response to a request, we'll ask you for additional information to verify your identity and may ask that you provide further information to help us better fulfill your request.
If you request that we erase your personal information and we process that request, we may still retain certain elements of your personal information as permitted by law, including to comply with legal, regulatory, or our own policy requirements.
We won’t discriminate against our customers who choose to exercise their rights to access, control, or delete their personal information. Some of our products and services, however, may require your personal information. If you choose not to provide your personal information, you may not be able to use those products or services.
We use cookies and similar technologies to recognize when you've signed into our sites and personalize your experience with our products and services. For more information about how we use cookies, please read our Cookie Policy.
Morningstar does not separately identify or collect any information that is specific to children.
Morningstar Investment Management Group:
Our business frequently changes, and we may need to update this statement to reflect those changes. When we make changes to this Privacy Statement, we’ll revise the “last updated” date at the top of this page. If we make material changes to this statement, we’ll notify you directly as required by law.
If you have a concern, complaint, or question about how we handle your personal information, please contact us by using our web form, call us toll-free at +1 (888) 293-8609, or write us at the following mailing address:
Morningstar, Inc.
22 W. Washington St.
Chicago, IL 60602
Attn: Chief Privacy Officer
To find the Morningstar contact in your country, please visit our list of office contacts.
Last updated: December 14, 2020
Morningstar, Inc. and its affiliates (collectively, “Morningstar”) are committed to keeping your personal information safe. This Privacy Statement describes how we use personal information, with whom we may share it, how we keep it secure, and your rights relating to your personal information.
This Privacy Statement applies to Morningstar users and customers (or “you”) who use, order, register, or interact with any product or service from any Morningstar business. This includes customers and subscribers, product users, site visitors, and event attendees.
Morningstar offers a wide range of products and services throughout the world and may use your information in different ways. Product-specific details are included in product privacy statements, which you can read here. Certain Morningstar affiliates may also have a jurisdiction-specific privacy statement. To learn more, click here. In the event of a conflict between the terms of this Privacy Statement and a product- or jurisdiction-specific privacy statement, the product- or jurisdiction-specific terms will take precedence.
Morningstar collects your personal information through your interactions with us or from third party sources. Specifically, we collect your information when:
We may also collect information about you from third parties, including:
The types of personal information we collect depend on your interactions with us and may include the following:
How Morningstar uses your information depends on the product and service that you use and your relationship with us. We use personal information as permitted under applicable law, as you request or consent to, and for the following purposes:
Morningstar may share your personal information with other Morningstar companies, our business partners, content providers, clients, service providers, and other third parties with your consent or for the purposes disclosed above in this Privacy Statement.
Morningstar collects certain information about you and your use of our services to generate anonymous, aggregated data which we use for research, product development, and the purposes set forth above. We may publish or otherwise provide our research containing this aggregated data in our products and services to third parties. If you would like to opt out, please email aggr-dataoptout@morningstar.com and we will stop including your information in the aggregated data used in our published research.
Where applicable, Morningstar may provide links to one or more third-party sites or services within our products or services. This Privacy Statement does not apply to those sites or services. We encourage you to read any third-party site’s privacy policy or disclosures before providing any of your personal information to them.
Morningstar maintains a comprehensive information security program intended to keep your information safe. We have technical, physical, and organizational measures in place to protect against unauthorized access to or unauthorized alteration, disclosure, or destruction of personal information. The measures we use are appropriate to the nature, scope, and purpose for which we use the personal information we collect.
Our security and privacy policies are periodically reviewed and enhanced as necessary, and only authorized individuals have access to the information provided.
Morningstar companies, its operations, workforce, and service providers are located throughout the world. Depending on how you interact with us, your personal information may be handled and stored in, accessed from, or transferred to different countries. Whenever we transfer personal information to different countries, we take steps to ensure that the personal information we transfer receives adequate protection in the jurisdictions that we handle or store it.
If you have additional questions about how we protect your information, please contact us.
Your rights may differ based upon your residency. Morningstar is a global company and certain local privacy laws may apply to you depending on your jurisdiction of residence. For example, if you are a resident of the European Economic Union, your personal information will be handled in accordance with EU Regulation 2016/679 pertaining to the General Data Protection Regulation.
We invite you to read jurisdiction-specific privacy statements available in our privacy center or on Morningstar’s local websites.
Certain jurisdictions provide their residents rights to access, correct, restrict the sale of, or erase personal information. These rights are not absolute, and they don’t always apply in all cases.
If applicable, you can exercise your rights by sending us a personal data access request here. In response to a request, we’ll ask you for additional information to verify your identity and may ask that you provide further information to help us better fulfill your request. You can also make your personal data access request by calling us toll-free at +1 (888) 293-8609.
If you request that we erase your personal information and we process that request, we may still retain certain elements of your personal information as permitted by law, including to comply with legal, regulatory, or our own policy requirements.
We won’t discriminate against our customers that choose to exercise their rights to access, control, or delete their personal information. Some of our products and services, however, may require your personal information. If you choose not to provide your personal information, you may not be able to use those products or services.
The California Consumer Privacy Act (CCPA) requires that we list the categories of our customers’ personal information that we’ve sold or disclosed for business purposes in the last twelve (12) months.
For more information about the categories of personal information we’ve disclosed, who we’ve disclosed it to, and the reasons for disclosure, please contact us.
Nevada law gives Nevada consumers the right to request that a company not sell their personal information. If you are a Nevada consumer and wish to exercise this right, please submit your request here.
If you access our website to inquire about employment with a Morningstar company, we may collect the following personal information: your name, physical and email addresses, phone number(s), and any additional employment-related information that you choose to provide.
If you are submitting an employment application through our site, we may also collect your username and password.
We use this information to process and manage your application for employment with Morningstar. We may also use candidate personal information to fulfill reporting requirements as required by law.
Morningstar does not separately identify or collect any information that is specific to children.
We use cookies and similar technologies to recognize when you’ve signed into our sites and personalize your experience with our products and services. For more information about how we use cookies, please read our Cookie Policy.
Certain Morningstar affiliates may offer products and services that have specific privacy policies that apply to them. In the event of a conflict between the terms of this Privacy Statement and the product-specific privacy statement, the product-specific statement takes precedence. Please view our product-specific statements below.
Last updated: December 14, 2020
Morningstar is committed to keeping your personal information safe. This Privacy Statement describes how we use personal information, with whom we may share it, how we keep it secure, and your rights relating to your personal information.
This Privacy Statement applies to Morningstar EMEA users and customers (or “you”) who use, order, register, or interact with any Morningstar product or service. This includes customers and subscribers, product users, site visitors, and event attendees. This Privacy Statement applies to all personal information you provide us, whether through our website or otherwise.
Morningstar U.K. is the controller or processor (as explained below) for the personal information collected in accordance with this Privacy Statement.
Morningstar offers a wide range of products and services throughout the world and may use your information in different ways. You can find privacy statements for certain subsidiaries’ products here. In the event of a conflict between the terms of this Privacy Statement and a product-specific privacy statement, the product-specific terms will take precedence.
Depending on the Morningstar products and services you use, Morningstar is either a controller or a processor. Morningstar is a controller (a) in connection with the performance of its legal obligations or exercise of its rights and obligations under a contract it has in place with a customer, supplier, website subscriber, or other third parties, as well as to provide requested services and (b) where it collects personal information for marketing and business-development purposes.
Where a customer subscribes to a Morningstar online tool or service into which they input personal information of their employees, or other third parties for their own purposes, the customer will be the data controller in respect of this personal information. Morningstar is the processor where it hosts personal information inputted into the online tool. The customer should therefore ensure that it and its authorised users are compliant with their obligations as a controller of this personal information and can comply fully with data access requests, have consent (where required) or other legitimate grounds for the processing of the personal information inputted into the online tool or service.
Where Morningstar is a processor, we will process your personal information in accordance with our customers’ instructions and as further agreed in the contract we enter with our customers.
Morningstar is a global company and hosts instances of its online tools outside of the EEA and UK both within Morningstar and with selected third parties that have been selected for their compliance with applicable law. Morningstar ensures it has appropriate security and failover safeguards to ensure its SLAs for availability are met and to protect the integrity of its online tools and the personal information and information inputted by the authorised users.
The below sections of this Privacy Statement explain how Morningstar processes your personal information as a controller.
Certain Morningstar products have specific privacy practices that apply to them. In the event of a conflict between the terms of this Privacy Statement and the product-specific privacy practices, the product-specific privacy practices take precedence. Below, you can find a brief FAQ about how specific Morningstar products use your personal information.
Morningstar collects your personal information through your interactions with us or from third-party sources. Specifically, we collect your information when:
We may also collect information about you from third parties, including:
The types of personal information we collect depend on your interactions with us and may include the following:
How Morningstar uses your information depends on the product and service that you use and your relationship with us. We use personal information as permitted under applicable law and for the following purposes:
To provide a service that you requested, including to:
In accordance with our legitimate interests, namely to:
To comply with our legal obligations, which include our or third parties’ audit and compliance requirements, such as under tax law and laws governing securities and financial services. Morningstar will produce personal information to a government regulating body or law enforcement only upon a lawful demand for such information.
Where required by law, we obtain your consent before using your data for marketing purposes. This is the case, for example, for third-party advertisements or when you are not an existing customer and want to subscribe to our newsletters.
Morningstar shares your personal information with other Morningstar companies, our business partners, content providers, customers, service providers, and other third parties with your consent or for the purposes disclosed above in this Privacy Statement. Where required by applicable law, Morningstar puts in place appropriate contractual safeguards to ensure that service providers only process personal information pursuant to our instructions and implement appropriate technical and organizational safeguards to keep your personal information secure.
Where applicable, Morningstar may provide links to one or more third-party sites within our products or services. This Privacy Statement does not apply to those sites. We encourage you to read any third-party site’s privacy statements, policies, or other disclosures before providing any of your personal information to them.
Morningstar maintains a comprehensive information security program intended to keep your information safe. We have technical, physical, and organizational measures in place to protect against unauthorised access to or unauthorised alteration, disclosure, or destruction of personal information. The measures we use are appropriate to the nature, scope, and purpose for which we use the personal information we collect. Only Morningstar staff that need access to personal customer data to perform their roles have access to it and do so in accordance with this Privacy Statement.
Our security and privacy policies are periodically reviewed and enhanced as necessary.
Morningstar companies, its operations, workforce, and service providers are located throughout the world. Depending on how you interact with us, your personal information may be handled and stored in, accessed from, or transferred to different countries. These countries may include the United States, Canada, China, India, Australia, Singapore, and others. These countries may not guarantee the same level of protection for personal information and judicial redress as the country in which you reside. We put in place contractual transfer contracts (such as EU Model Clauses) with the data recipients to ensure that your personal information remains protected when it leaves the EEA and/or UK.
If you would like to receive more information about, or a copy of, our transfer contracts, please contact us through one of the methods listed below in the section Contact Us.
In accordance with applicable law, you have certain rights in respect to your information, such as a right of access, rectification, restriction, erasure, opposition, and portability. Where you gave us your consent to process personal information, you have a right to withdraw that consent for the future at any time. You also have a right to lodge a complaint with the Supervisory Authority for data protection in your country. To exercise those rights, please contact us at privacyenquiries@morningstar.com.
Morningstar will respond to an access request as soon as possible and no later than 30 days of the request. In some cases, there may be reasons why Morningstar cannot accede to a particular request, for example where local retention periods require the holding of personal information for a certain period of time or such data is required to perform our obligations or exercise our rights under an Order Form and/or Agreement. If we cannot accede fully to a data subject access request, we will respond as soon as possible with reasons.
If you request that we erase your personal information and we process that request, we may still retain certain elements of your personal information as permitted by law, including to comply with legal, regulatory, or our own policy requirements.
We won’t discriminate against our customers that choose to exercise their rights to access, control, or delete their personal information. Some of our products and services, however, may require your personal information. If you choose not to provide your personal information or erase your personal information, you may not be able to use those products or services.
Morningstar retains personal information only for as long as necessary to fulfil our contractual or legal obligations or for the amount of time necessary to fulfil the purposes we have set out above. Individual jurisdictions have different tax, accounting, regulatory, and legal retention requirements and Morningstar is bound to keep certain personal information in accordance with these local requirements.
If you access our website to inquire about employment with a Morningstar company, we may collect the following personal information: your name, physical and email addresses, phone number(s), and any additional employment-related information that you choose to provide.
If you are submitting an employment application through our site, we may also collect your username and password.
We use this information to process and manage your application for employment with Morningstar. We may also use candidate personal information to fulfil reporting requirements as required by law.
Morningstar does not separately identify or collect any information that is specific to children.
We use cookies and similar technologies to recognise when you’ve signed into our sites and personalise your experience with our products and services. For more information about how we use cookies, please read our Cookie Policy.
Certain Morningstar affiliates may offer products and services that have specific privacy policies that apply to them. In the event of a conflict between the terms of this Privacy Statement and the product-specific privacy statement, the product-specific statement takes precedence. Please view our product-specific statements below.
Our business frequently changes, and we may need to update this Privacy Statement to reflect those changes. When we make changes to this Privacy Statement, we’ll revise the “last updated” date at the top of this page. If we make material changes to this Privacy Statement, we’ll notify you directly as required by law.
If you have a concern, complaint, or question about how we handle your personal information, please contact us by using our web form, call us toll-free at (+44) 020 3107 0000, or write us at the following mailing address:
Morningstar UK Limited
1 Oliver’s Yard
55-71 City Road
EC1Y 1HQ – London
United Kingdom
You can contact our data protection officer at privacyenquiries@morningstar.com.
Last updated: December 14, 2020
Morningstar is committed to keeping your personal information safe. We’ve developed privacy statements for the Asia Pacific region that cover how we collect, use, and share your personal information. Please review the privacy statements applicable to you. If you do not see your location listed below, refer to the General Privacy Statement.
Last updated: March 16, 2022
This Cookie Policy explains how Morningstar and its affiliates (collectively, “we”) use cookies, pixels, and similar technologies (collectively, “cookies”) when you visit our sites. This policy should be read together with our Privacy Statements, our Terms of Use, and your contract with us.
A cookie is a small file that can be stored on your device when you access our site and is then sent back to us each time you visit our site. Cookies are useful because they allow us to recognize your device and your preferences.
We use cookies to know whether you’re logged in to our site, recognize the products and services you subscribe to, remember your preferred site language, location, and other preferences, and show you advertisements relevant to your interests. We use session cookies (which last until you close your browser) and persistent cookies (which last until you or your browser deletes them). These cookies fall into two broad categories: “essential cookies,” which originate from us and are necessary for us to provide you with our services, and “non-essential cookies,” which typically originate from third parties and are not required for you to use our services.
We use essential cookies for the following purposes:
We use non-essential cookies for the following purposes:
Most browsers allow you to choose whether to accept cookies through your browser settings. You can effectively withdraw your consent to place cookies on your device by deleting cookies from your browser. You can find instructions to delete cookies from several major browsers below:
Some of our products and services depend on cookies. If you disable these essential cookies through your browser, you may not be able to use a specific product, service, or feature of that product or service, and you may have to provide us with information that cookies would otherwise remember, including information about your identity and preferences.
Our business frequently changes, and we may need to update this policy to reflect those changes. When we make changes to this policy, we’ll revise the “last updated” date at the top of this page.
If you would like to learn more about the personal information we collect and use, please visit our Privacy Statements, contact us at privacy@morningstar.com, or write us at the following address:
Morningstar, Inc.
22 W. Washington St.
Chicago, IL 60602
Attn: Chief Privacy Officer
Personal data requests can be made to access, change, restrict the sale of, or delete the personal information that we collect about you.
Currently, we are processing requests for residents of California (US), the European Economic Union, and other jursidictions only as required by law. For more information regarding personal data requests, please review the Your Rights section of our privacy statements.
If you have questions completing or submitting the personal data request form, please contact us at privacyenquiries@morningstar.com.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.