Morningstar to relocate global headquarters to Chicago's Thompson Center

Morningstar, Inc. (Nasdaq: MORN) has announced its intention to relocate its global headquarters to Chicago's Thompson Center, a move that represents the city's largest downtown office lease for 2026 to date. The investment insights provider also committed to a five-year, $5 million philanthropic initiative aimed at supporting Chicago nonprofits focused on financial security and career advancement.

Founded in Chicago over 40 years ago, Morningstar views this move as a reinforcement of its long-term commitment to the city. CEO Kunal Kapoor stated that the company's investments reflect confidence in Chicago's people, communities, and future economic prospects. The relocation will keep Morningstar within the Loop, contributing to the downtown area's economic recovery.

The philanthropic initiative includes $1 million directed to the Commercial Club Foundation to support its growth plan for strengthening Chicago's economic future. An additional $4 million will be distributed through the newly established Morningstar Commitment to Chicago Fund, administered by the United Way of Metro Chicago, to local nonprofits focused on expanding financial literacy, savings, wealth-building, and career pathways in investment research, financial services, and technology. The company currently employs over 1,500 people in Chicago and intends to continue hiring local talent.