Morningstar has replaced its Individual, Advisor and Institutional structure with Investment Information and Investment Management. Rather than focus on audience segments, the thrust is now product lines and growth strategies.

The Investment Information division includes all of Morningstar’s data, software and research products and services. Investment Management includes all of the company’s asset management operations, which operate as registered investment advisors.

“We’ve structured the company along product lines to better align with our growth strategies and because many of our offerings now cross a variety of audiences,” said Morningstar Chairman and CEO Joe Mansueto. “Our senior management team remains the same. We’re simply shifting some of our leaders into different roles.”

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