Morningstar's Tricia Rothschild resigning after 26 years

Morningstar's Tricia Rothschild resigning after 26 years
The firm said the chief product officer's decision to leave was hers alone and not the result of a change in strategy
NOV 12, 2019
Morningstar chief product officer Tricia Rothschild is leaving the company after 26 years. Since 2017, Ms. Rothschild has been responsible for Morningstar's strategy, innovation and product development. Ms. Rothschild oversaw several new products and improvements at Morningstar, including a new version of Morningstar Direct tailored to wealth management professionals. [Recommended video: Tricia Rothschild: Digitization will require clients to be comfortable sharing data] Ms. Rothschild told InvestmentNews she was leaving to explore other opportunities that build on her career at Morningstar. "The timing is good for both me and Morningstar, in that our leadership team is strong and I am proud of the work we have done over the past three years as Kunal [Kapoor] transitioned into the CEO role," Ms. Rothschild said in an email. "I am now ready to evaluate my next move and am looking forward to seeing continued success from my Morningstar colleagues!" Morningstar confirmed that Ms. Rothschild's last day will be Dec. 31. "In her 26 years with Morningstar, Tricia has built a strong leadership team and an innovative business with an enduring impact on investor success. We look forward to celebrating her achievements before she departs at the end of the year," Morningstar media relations manager Sarah Wirth said in a statement. Ms. Wirth said the decision to leave was Ms. Rothschild's and not the result of a change of direction or strategy for Morningstar. Ms. Rothschild started at Morningstar in 1993 as a fund analyst and later become the international editor of Morningstar Mutual Funds. Over the years, Ms. Rothschild created the firm's initial 529 college-savings plan database and corresponding adviser tools, served as the e-commerce manager of Morningstar.com and developed the company's equity research business, according to Morningstar's website. Before her current role, Ms. Rothschild was head of global adviser solutions, guiding the firm's wealth management and online brokerage business. [More: Product chief at Morningstar talks adviser technology and the holy grail of financial advice]

Latest News

More Americans are invested in the elections than the stock market
More Americans are invested in the elections than the stock market

A substantial number of people in a new 2,200-person survey believe their wealth, their "wallet power" and their retirement timelines are at stake.

Stocks rally to fresh highs as JPMorgan drives bank gains
Stocks rally to fresh highs as JPMorgan drives bank gains

The S&P 500 headed toward its 45th record in the year helped in part by a surprise interest income gain at the Wall Street giant.

Boosting payouts on cash crimps wealth management at Wells Fargo
Boosting payouts on cash crimps wealth management at Wells Fargo

Meanwhile, Wells Fargo’s WIM group reported close to $2.3 trillion at the end of last month.

Another AI-washing case shows where SEC is headed
Another AI-washing case shows where SEC is headed

The Securities and Exchange Commission has focused on "black-and-white" allegations of AI washing, but that could broaden out to a gray area that may loop in more financial services companies, a lawyer says.

High-net-worth giving splits along generational and gender lines, find BofA survey
High-net-worth giving splits along generational and gender lines, find BofA survey

More than nine in 10 HNWIs prioritize charitable giving, but demographics help shape the whys and the hows.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.

SPONSORED Explore four opportunities to elevate advisor-client relationships

Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success