Equity Portfolio Manager

Morningstar Investment Management, LLC; Chicago (IL); On-site; USD 195,600 - 299,917; Full time

Benefits offered by this job

401k match

Health benefits

Hybrid work options

Wellness programs

Job summary

Morningstar Investment Management, LLC seeks a Portfolio Manager for its U.S. growth strategy within the Select Equities team. Chicago is the preferred location, with openness to other locations. The role focuses on high-conviction growth portfolios and active collaboration across research and portfolio management.

You will participate in peer reviews and communicate with clients through quarterly commentaries and webinars, helping advisors and institutions achieve strong long-term results.

Qualifications

• 10+ years of professional investment experience with at least 5 years on the buyside.
• Experience as a portfolio manager and/or growth company analysis preferred.
• Alignment with Morningstar's equities investing philosophy.
• Strong curiosity and eagerness to learn across industries and companies.
• Excellent written and verbal communication skills.
• Bachelor's degree required; CFA designation preferred.

Responsibilities

• Serve as portfolio manager for a growth-focused equity strategy with disciplined valuation and risk management.
• Contribute to the team's research and portfolio management efforts.
• Participate in peer reviews and provide feedback on trades and positioning.
• Communicate with clients through quarterly commentaries, webinars, and advisor meetings.

Skills

Portfolio management

Growth equity analysis

Investment analytics

Communication skills

Critical thinking

Education

Bachelor's degree

CFA designation preferred

Job description

The Group

The Investment Management group is guided by Morningstar's investment principles focused on delivering great long-term investment results to help end-investors reach their financial goals. We use our expertise in asset allocation, research, investment selection and portfolio construction to create world-class investment strategies leveraging the full resources of Morningstar, Inc. Through our investment offerings, we serve financial advisers and institutions, and the investors that they serve.

The Role

The Select Equities team manages 6 distinct separate account strategies with a combined $10 billion of AUA as of Dec. 31, 2025. We are looking to add an experienced investment professional to join the team as a Portfolio Manager for our U.S. growth strategy. The Select Equities Team constructs high-conviction portfolios, with most of our separately managed accounts holding 25-50 stocks.

While Chicago is the preferred location for this role, we welcome applications from qualified candidates located in other locations.

Responsibilities

• Serve as portfolio manager for a growth-focused equity strategy that follows a disciplined approach to company valuation and portfolio risk management.
• Contribute to the team's overall company research and portfolio management efforts.
• Participate in the team's peer review process, which includes providing feedback to portfolio managers on other strategies about prospective trades and portfolio positioning.
• Communicate with clients. Responsibilities include quarterly commentaries, webinars, meetings with financial advisors, etc.

Qualifications

• Minimum of 10 years' professional investment experience with at least 5 years on the buyside.
• Strong preference for relevant experience as a portfolio manager and/or analyzing growth companies.
• Alignment with Morningstar's philosophy and approach to investing in equities.
• Demonstrates intellectual curiosity and genuine interest in learning new subjects, industries, and companies.
• Strong communication skills, both written and verbal.
• Excellent critical thinking skills with a focus on company analysis and valuation.
• Bachelor's degree; CFA designation strongly preferred.

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health

  • 100% 401k match up to 6% of salary
  • Stock Ownership Potential
  • Company provided life insurance - 1x salary + commission

• Physical Health

  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages.
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-term disability insurance

• Emotional Health

  • Trust-Based Time Off
  • 6-week Paid Sabbatical Program
  • 6-Week Paid Family Caregiving Leave
  • Competitive 8-24 Week Paid Parental Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
  • Tuition Reimbursement

• Social Health

  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$195,600.00-299,916.66

Inclusive of annual base salary and target incentive

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.