Morningstar Associates Implements New Methodology, Offers Optimal Investment Advice Across Multiple Retirement Plans

Apr 23, 2001, 01:00 ET from Morningstar Associates, LLC

    CHICAGO, April 23 /PRNewswire Interactive News Release/ -- Morningstar
 Associates, LLC, a registered investment adviser and a wholly owned subsidiary
 of Chicago-based Morningstar, Inc., today announced it has implemented a new
 online advice methodology that offers Morningstar(R) ClearFuture(SM) clients
 optimal investment advice across multiple retirement plans.  The first
 application of this methodology in Morningstar ClearFuture, an online
 retirement planning service, provides advice to retirement plan participants
 in multiple defined-contribution plans including any combination of 401(k),
 Thrift, Profit Sharing, and Money Purchase Plans.
     "During the past five months, we have made more than 25 enhancements to
 our retirement planning service, representing a period of rapid product
 development for ClearFuture," said John Rekenthaler, president of
 Morningstar's Online Advice business unit.  "Morningstar ClearFuture is the
 first online advice service to help investors create diversified portfolios by
 controlling for industry sectors, investment style weightings, and asset
 classes.  If investors know what they own, they can avoid avoidable mistakes
 that derail even the best-intentioned retirement investing plans.  By
 considering all plans -- and each investments' underlying holdings -- we build
 balanced portfolios that ensure our clients are not over-exposed to any given
 market sector."
     Morningstar ClearFuture, currently available through more than 8,700
 corporate retirement plans throughout the United States, offers sophisticated
 research, education, investment guidance and/or advice to all levels of
 investors.  ClearFuture uses a goals-based approach, allowing plan
 participants to examine the relationships between long- and short-term risk,
 asset mix and retirement income, so they can determine the probability of
 reaching their financial goals.  The service then provides either asset
 allocation suggestions or specific investment advice by creating one
 diversified, optimal portfolio using the best investment options available in
 the participant's company-sponsored retirement plan(s).
     The Morningstar ClearFuture methodology continues to employ the
 world-class, proprietary data of Morningstar, Inc., which includes the
 performance and portfolio holdings of more than 12,000 mutual funds,
 7,300 stocks, 600 closed-end mutual funds, and more than 16,000 variable
 annuity/life subaccounts.
     The latest enhancements are available through the institutional version of
 Morningstar ClearFuture, which is sold directly to retirement plan providers
 and plan sponsors.  Individuals may access the 401(k) advice-only version of
 ClearFuture at http://www.morningstar.com .
 
     About Morningstar Associates, LLC
     The Morningstar(R) ClearFuture(SM) retirement advice program is provided
 by Morningstar Associates, LLC, a registered investment adviser and a wholly
 owned subsidiary of Chicago-based Morningstar, Inc., an independent provider
 of reliable, unbiased investment information and analytical tools.
 Morningstar Inc.'s extensive line of Internet, software, and print services
 offers news, data, and analysis on stocks, mutual funds, closed-end funds, and
 variable annuities.  Neither Morningstar Inc., nor Morningstar Associates,
 LLC, owns and operates, or holds any interest in investment products.  The
 financial data and methodology used in ClearFuture are proprietary to
 Morningstar, Inc., and/or Morningstar Associates, LLC.  Although the data are
 gathered from reliable sources, neither Morningstar, Inc. nor Morningstar
 Associates, LLC guarantees their accuracy, completeness, or timeliness.  Past
 performance is no guarantee of future performance.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73099156
 
 

SOURCE Morningstar Associates, LLC
    CHICAGO, April 23 /PRNewswire Interactive News Release/ -- Morningstar
 Associates, LLC, a registered investment adviser and a wholly owned subsidiary
 of Chicago-based Morningstar, Inc., today announced it has implemented a new
 online advice methodology that offers Morningstar(R) ClearFuture(SM) clients
 optimal investment advice across multiple retirement plans.  The first
 application of this methodology in Morningstar ClearFuture, an online
 retirement planning service, provides advice to retirement plan participants
 in multiple defined-contribution plans including any combination of 401(k),
 Thrift, Profit Sharing, and Money Purchase Plans.
     "During the past five months, we have made more than 25 enhancements to
 our retirement planning service, representing a period of rapid product
 development for ClearFuture," said John Rekenthaler, president of
 Morningstar's Online Advice business unit.  "Morningstar ClearFuture is the
 first online advice service to help investors create diversified portfolios by
 controlling for industry sectors, investment style weightings, and asset
 classes.  If investors know what they own, they can avoid avoidable mistakes
 that derail even the best-intentioned retirement investing plans.  By
 considering all plans -- and each investments' underlying holdings -- we build
 balanced portfolios that ensure our clients are not over-exposed to any given
 market sector."
     Morningstar ClearFuture, currently available through more than 8,700
 corporate retirement plans throughout the United States, offers sophisticated
 research, education, investment guidance and/or advice to all levels of
 investors.  ClearFuture uses a goals-based approach, allowing plan
 participants to examine the relationships between long- and short-term risk,
 asset mix and retirement income, so they can determine the probability of
 reaching their financial goals.  The service then provides either asset
 allocation suggestions or specific investment advice by creating one
 diversified, optimal portfolio using the best investment options available in
 the participant's company-sponsored retirement plan(s).
     The Morningstar ClearFuture methodology continues to employ the
 world-class, proprietary data of Morningstar, Inc., which includes the
 performance and portfolio holdings of more than 12,000 mutual funds,
 7,300 stocks, 600 closed-end mutual funds, and more than 16,000 variable
 annuity/life subaccounts.
     The latest enhancements are available through the institutional version of
 Morningstar ClearFuture, which is sold directly to retirement plan providers
 and plan sponsors.  Individuals may access the 401(k) advice-only version of
 ClearFuture at http://www.morningstar.com .
 
     About Morningstar Associates, LLC
     The Morningstar(R) ClearFuture(SM) retirement advice program is provided
 by Morningstar Associates, LLC, a registered investment adviser and a wholly
 owned subsidiary of Chicago-based Morningstar, Inc., an independent provider
 of reliable, unbiased investment information and analytical tools.
 Morningstar Inc.'s extensive line of Internet, software, and print services
 offers news, data, and analysis on stocks, mutual funds, closed-end funds, and
 variable annuities.  Neither Morningstar Inc., nor Morningstar Associates,
 LLC, owns and operates, or holds any interest in investment products.  The
 financial data and methodology used in ClearFuture are proprietary to
 Morningstar, Inc., and/or Morningstar Associates, LLC.  Although the data are
 gathered from reliable sources, neither Morningstar, Inc. nor Morningstar
 Associates, LLC guarantees their accuracy, completeness, or timeliness.  Past
 performance is no guarantee of future performance.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73099156
 
 SOURCE  Morningstar Associates, LLC

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