Equity Portfolio Manager

Morningstar; Illinois; Hybrid; USD 196,000 - 300,000; Full time

Benefits offered by this job

Financial Health

Stock Ownership Potential

Life Insurance

Health Benefits

Wellness Incentives

Long/Short-term Disability

Sabbatical

Parental Leave

Tuition Reimbursement

Volunteer Days

Job summary

Morningstar Investment Management seeks a seasoned Portfolio Manager for a U.S. growth equity strategy. The role oversees high-conviction, 25–50 stock portfolios within a multi-billion AUA framework and reports to the Select Equities team.

Chicago is preferred, but applicants from other locations in the U.S. are welcome. The ideal candidate has 10+ years in investments (buyside), strong growth equity experience, CFA preferred, and excellent communication skills.

Qualifications

• 10+ years of professional investment experience on the buy side preferred
• Experience as portfolio manager and/or growth company analysis is highly desired
• Strong alignment with Morningstar's equity investing philosophy
• Excellent written and verbal communication skills and curiosity to learn

Responsibilities

• Serve as portfolio manager for a growth-focused equity strategy and manage company valuation and portfolio risk
• Contribute to overall research and portfolio management efforts of the team
• Participate in peer-review processes and provide feedback on prospective trades and positioning
• Communicate with clients through quarterly commentaries, webinars, and meetings with financial advisors

Skills

Portfolio management

Growth equity analysis

Communication skills

Valuation & analysis

Education

Bachelor's degree

CFA designation

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 plansand coverages
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-termdisabilityinsurance
• 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 & FormalMentorshipOpportunities
  • 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.

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