Tricia Rothschild is responsible for the product strategy, development and business success of the firm’s global research, software, data, and index solutions, serving asset managers, advisors and wealth managers and individual investors. She previously served as head of global advisor solutions, which serves wealth management and online brokerage clients.
In her 25 years at Morningstar, Rothschild has led aspects of the firm’s business serving individuals, advisors and institutions. She began her career as a closed-end fund analyst and later became the international editor of Morningstar Mutual Funds.
The Certified Financial Analyst was the e-commerce manager of Morningstar.com and led the content management for that site for several years. She developed Morningstar’s retirement plan portfolio analytics and reporting services and, from 2003 to 2012, she led the firm’s institutional and retail equity research business.
She is on the board of directors of YCharts, a financial terminal provider, and leads a reverse-mentorship program at Morningstar.
What makes your job special? I oversee an organization that combines the talents of nearly 2,000 developers, designers, product managers, client service teams, marketers and others who deliver software, research and data solutions to investors who count on Morningstar.
What keeps you motivated day in and day out? Morningstar’s commitment to doing the right thing by the end investor, bringing transparency to the marketplace, and continually investing in new data sets and more innovative ways to help investors and the investment community that serves them.
What’s her top job focus? In my role as chief product officer, I focus on leveraging Morningstar’s differentiated and independent data and research views in technology solutions that help asset managers and advisors deliver high-quality investment solutions and financial advice in an efficient manner.
Furthermore, at Morningstar, we serve every part of the value chain in investing with technology from the end investor, to financial advisors to asset managers who are manufacturing financial products. Privacy and security are also top of mind in my role, especially as Morningstar focuses on building more in the cloud.
What are you bullish on in the short term? I see an increasingly important need for data aggregation, specifically as it relates to the multiple functions and use cases for high-quality aggregated data. It’s difficult for most aggregation providers to meet the data-quality levels required to run investment performance.
Morningstar ByAllAccounts uses AI to gather and transform financial account data to meet sophisticated data requirements, including hitting the high-quality standards required for performance reporting, as well as the breadth required to meet the growing demand for advisor and investor personal financial management tools.
Secondly, we’re seeing the benefits of moving our solutions to the cloud, which provides better flexibility, stronger integrations across technology platforms, faster and omni-channel delivery options, etc. This transition is complex but well worthwhile.
What matters longer term? It’s not necessarily just technology that we’re watching, but also data. We really need to focus on how we can use data to ensure our tech-engine is running smoothly.