Morningstar to Provide Equity Research, Ratings to Schwab

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.