Morningstar has acquired Footnoted.org, the terms of the deal undisclosed.

Footnoted searches through Securities and Exchange Commission filings to unearth critical information buried in the fine print, such as evidence of aggressive accounting, excessive compensation or self-dealing. Professional money managers and analysts, as well as sophisticated retail investors, use the website. The company also publishes Footnoted Pro for such institutional investors as hedge funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.