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Morningstar to Provide Equity Research, Ratings to Schwab

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Charles Schwab has selected Morningstar Inc. to provide global equity analyst research and ratings for retail investors and the independent registered investment advisors that custody with the firm – in an effort to helps its investors detect the high-quality and attractively valued companies.

“Schwab and Morningstar share a commitment to helping investors achieve better outcomes, either directly or through their advisors,” said Kunal Kapoor, head of client solutions and information products for Morningstar, in a statement.

As part of this partnership, Morningstar will give Schwab access to its global equity analyst reports and ratings for nearly 1,400 companies, as well as sector reports, morning notes, U.S. and Canadian pick lists, analyst insights, analyst videos, weekly research highlights and a quarterly market outlook.

“Our analysts’ long-term outlook, consistent valuation process, and focus on sustainable competitive advantages helps investors identify high-quality companies that are attractively valued,” Kapoor said in a statement. “Extending our research to Schwab’s large audience helps both organizations advance our goals of improving the investor experience.”

Schwab is the largest brokerage firm to date with an enterprise-wide license for Morningstar’s equity research, which launched in 1998 and currently has about 120 global equity and corporate credit analysts who provide qualitative analyst coverage of approximately 1,400 companies.

Morningstar’s research will be available to Schwab’s retail clients on and RIA firms on by the end of the year.

In 2015, Morningstar will provide additional services for advisors that custody with Schwab, including single sign-on access from Schwab’s Research workstation to Morningstar’s Analyst Research Center, quarterly calls with Morningstar analysts and access to a Morningstar analyst research liaison desk for more in-depth research into companies.

This isn’t the first partnership for Schwab and Morningstar. In July, Schwab Intelligent Technologies announced that it was partnering with Morningstar to provide RIA custody data through its OpenView Gateway platform. Morningstar’s participation will allow the platform to integrate Schwab’s real-time custodial data in Morningstar Office, which allows advisors to perform advanced research, performance reporting and secure client communications.

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