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Morningstar Development Program Jobs (NOW HIRING)

At Morningstar Marinas in Belmont, NC, we love what we do and we hope it shows. We've created a ... As part of our team, you'll benefit from training programs and development opportunities, a ...

Tax Manager

Chicago, IL · On-site

$114K - $150K/yr

Morningstar's Finance organization is a global corporate function responsible for planning ... continuous development. Employees are encouraged to bring forward ideas, take ownership, and ...

Senior Salesforce Developer

Chicago, IL · On-site

$114K - $167K/yr

The Senior Developer's primary role is to lead the technical development work in the Morningstar ... You will work closely with the Salesforce product owner, program manager, architect, and developers ...

At Morningstar Marinas, we love what we do and we hope it shows. We've created a community of ... As part of our team, you'll benefit from training programs and development opportunities, a ...

At Morningstar Marinas, we love what we do and we hope it shows. We've created a community of ... As part of our team, you'll benefit from training programs and development opportunities, a ...

At Morningstar Marinas, we love what we do and we hope it shows. We've created a community of ... As part of our team, you'll benefit from training programs and development opportunities, a ...

At Morningstar Marinas, we love what we do and we hope it shows. We've created a community of ... As part of our team, you'll benefit from training programs and development opportunities, a ...

At Morningstar Marinas, we love what we do and we hope it shows. We've created a community of ... As part of our team, you'll benefit from training programs and development opportunities, a ...

Property Manager Morningstar Storage Who We Are Morningstar Properties has been developing and ... As part of our team, you'll benefit from training programs for your success, competitive pay, a ...

Property Manager Morningstar Storage Who We Are Morningstar Properties has been developing and ... As part of our team, you'll benefit from training programs for your success, competitive pay, a ...

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Morningstar Development Program information

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$32K

$120.1K

$200K

How much do morningstar development program jobs pay per year?

As of Jun 19, 2026, the average yearly pay for morningstar development program in the United States is $120,059.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $143,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Morningstar Development Program position, and why are they important?

To thrive in the Morningstar Development Program, applicants generally need a strong academic background in finance, economics, or related fields, along with analytical and problem-solving skills. Familiarity with Excel, data analytics tools, and financial modeling is highly valued, and internships or certifications such as CFA Level I can be advantageous. Outstanding communication skills, curiosity, teamwork, and adaptability help candidates stand out in a collaborative, fast-paced environment. These competencies are crucial to excel in rotational assignments, work on cross-functional projects, and build a foundation for a successful career at Morningstar.

What kinds of projects and responsibilities can participants expect during the Morningstar Development Program?

Participants in the Morningstar Development Program can expect to work on a range of projects across different business units, such as investment research, product development, or client solutions. Assignments typically involve data analysis, market research, process optimization, and supporting strategic initiatives, often in a team-based setting. This structure provides exposure to multiple functions and helps participants build a comprehensive understanding of Morningstar's business. The program's rotation-based format enables individuals to explore various interests while developing valuable professional relationships and skills. Upon successful completion, graduates are often placed in roles that match their strengths and career aspirations.

What is a Morningstar Development Program job?

The Morningstar Development Program (MDP) is a full-time, rotational program designed for recent graduates to develop skills across different areas of Morningstar’s business. Participants gain hands-on experience through structured training, mentorship, and project-based work in fields like data analysis, investment research, product management, and technology. The program typically lasts two years and provides exposure to Morningstar’s mission of empowering investor success. It prepares associates for long-term career growth within the company by offering networking opportunities and continuous learning.

More about Morningstar Development Program jobs
What are the most commonly searched types of Morningstar Development Program jobs? The most popular types of Morningstar Development Program jobs are:
What states have the most Morningstar Development Program jobs? States with the most job openings for Morningstar Development Program jobs include:
Regional Investment Consultant

Regional Investment Consultant

Morningstar, Inc.

Chicago, IL • On-site

$156K - $280K/yr

Full-time

Medical, Dental, Life, Retirement

Posted 6 days ago


MorningStar Senior Living rating

6.4

Company rating: 6.4 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

82nd of 228 rated social care providers


Job description

The Group:
Morningstar Wealth is a core part of the broader Morningstar group, empowering investor success by delivering world-class investment products and technology solutions to advisors, individuals, and the businesses who serve them. As a global team, we build upon our renowned data, research, analytics and thought leadership to deliver intelligent, flexible, and scalable products into the hands of our clients. By bringing the best of Morningstar together, we remove friction, save time, and help clients achieve goals.
The Role:
As a Business Development Consultant at Morningstar Investment, you will partner with your Divisional Sales Director to expand advisory relationships and grow business across your assigned territory. This hybrid, Chicago-based role puts you at the intersection of trusted investment expertise and high-impact sales - building the advisor connections that fuel Wealth's continued growth as a registered investment advisor and wholly owned subsidiary of Morningstar, Inc
Responsibilities:
  • Own and manage a defined book of advisors with full accountability for sales activity execution, revenue contribution, and pipeline growth.
  • Leverage CRM as the operational backbone of the role - documenting all prospecting efforts, relationship touchpoints, pipeline stages, and follow-up commitments.
  • Influence, persuade, and educate advisors on the strategic benefits of the firm's investment offerings - leading with client outcomes and advisor business impact, and actively assisting in case design tailored to each advisor's specific client circumstances and portfolio objectives
  • Develop and maintain deep fluency across the full managed portfolios program - including investment philosophy, portfolio construction, performance attribution, and competitive differentiation.
  • Deliver a consistently high standard of communication across all channels - virtual meetings, phone, and written correspondence - with the presence, preparation, and professionalism expected of a field-level representative
  • Partner with the Divisional Sales Director to optimize territory coverage -while independently running virtual advisor meetings that reflect the firm's brand and consultative approach
  • Collaborate with the Portfolio Specialist and Investment Management team on any client-facing content that requires deeper technical or portfolio-level expertise

Requirements:
  • A bachelor's degree is required; concentration in Finance, Business, or a related field preferred
  • Minimum of 5+ years of financial services sales or asset management distribution experience
  • Proven ability to build, manage and develop a high-volume book of advisors relationships through phone and virtual engagement
  • Strong working knowledge of managed accounts, separately managed accounts (SMAs) and the advisory business model.
  • Exceptional communication skills with ability to build strong relationships across cross-function teams and colleagues.
  • Resilience and adaptability - comfortable operating in a fast-moving, performance-oriented environment
  • Series 65/Series 66 or ability to obtain within 6 months of employment.
  • Ability to travel up to 25% for selective in-person meetings, events, or sales meetings

Target Cash Total Compensation Range: $156,050 - $280,900
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's 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

If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're 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, you'll have tools and resources to engage meaningfully with your global colleagues.
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