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Scott Wentsel Named Chief Investment Officer, Americas for Morningstar Investment Management

CHICAGO, Feb. 7, 2014 /PRNewswire/ -- Scott Wentsel, CFA, CFP®, has been appointed to the new role of chief investment officer, Americas, for Morningstar Investment Management, a unit of Morningstar, Inc. As CIO, Wentsel will be responsible for leading the investment management teams in the Americas. He will also contribute to Morningstar's global investment management committee, policies, capabilities, and thought leadership. Based in Chicago, Wentsel reports to Daniel Needham, Morningstar's global chief investment officer.

"Scott has more than 25 years of experience in the investment industry. His extensive knowledge of investing and his leadership expertise will help us continue to take our best ideas and practices from across the company and create solutions for investors that produce better investing outcomes," Needham said.

Wentsel previously served as a senior portfolio manager in the firm's investment advisory group where he had asset management and oversight responsibility for a team of investment professionals who design and manage portfolios for financial institutions. He came to Morningstar when the company acquired Ibbotson Associates in 2006. Before joining Ibbotson, Wentsel was an executive director with Morgan Stanley, where he worked primarily on the Van Kampen Investments asset management business. He also spent 13 years with Scudder Kemper Investments, holding a number of positions in its mutual fund business, including head of product development.

Wentsel holds a bachelor's degree in economics from the University of Illinois at Urbana-Champaign and a master's degree in business administration from the University of Chicago Booth School of Business. He is also an adjunct faculty member at DePaul University where he teaches a course on portfolio management. He has also taught investment theory and economics as an adjunct faculty member at Lake Forest Graduate School of Management. Wentsel holds the Chartered Financial Analyst and Certified Financial Planner designations.

Morningstar Investment Management creates custom investment solutions that combine award-winning research and global resources with proprietary Morningstar data. With approximately $176 billion in assets under advisement and management as of Sept. 30, 2013, Morningstar Investment Management provides comprehensive retirement, investment advisory, and portfolio management services for financial institutions, and financial advisers. Morningstar Investment Management includes Morningstar's various registered investment advisory and licensed advisory entities around the world: Morningstar Associates, Ibbotson Associates, Ibbotson Associates Australia, Morningstar Investment Services, Morningstar Investment Management Europe, Morningstar OBSR, and Morningstar Investment Consulting France.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 437,000 offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries. The company has operations in 27 countries.

©2014 Morningstar, Inc.  All rights reserved.

MORN-C

Media Contact:
Alexa Auerbach, 312-696-6481 or [email protected]

SOURCE Morningstar, Inc.

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