Equity Portfolio Manager
Morningstar, Chicago, IL, United States
This job is with Morningstar, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
The Group:
The Investment Management group is guided by Morningstars 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.
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 teams overall company research and portfolio management efforts.
Participate in the teams 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 Morningstars 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.
Bachelors degree; CFA designation strongly preferred.
Compensation and Benefits At Morningstar we believe people are at their best when they are at their healthiest. Thats 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 $181,950.00 - 327,500.00 USD Annual
Inclusive of annual base salary and target incentive Morningstars hybrid work environment gives you the opportunity to collaborate in-person each week as weve found that were at our best when were 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, youll have tools and resources to engage meaningfully with your global colleagues. 002_MstarAssocLLC Morningstar Investment Management LLC Legal Entity
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.
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 teams overall company research and portfolio management efforts.
Participate in the teams 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 Morningstars 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.
Bachelors degree; CFA designation strongly preferred.
Compensation and Benefits At Morningstar we believe people are at their best when they are at their healthiest. Thats 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 $181,950.00 - 327,500.00 USD Annual
Inclusive of annual base salary and target incentive Morningstars hybrid work environment gives you the opportunity to collaborate in-person each week as weve found that were at our best when were 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, youll have tools and resources to engage meaningfully with your global colleagues. 002_MstarAssocLLC Morningstar Investment Management LLC Legal Entity