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Morningstar Sees Better Pricing E-mail
Written by The Progressive Accountant   
Monday, 14 December 2009 11:34

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MorningstarMost clients have stopped requesting price concessions from Morningstar, which says it has implemented some small fee increases and also planned what it called a modest hike for Premium memberships in January .

 

The financial planning services company made the statements in its regular monthly release of information about its financial results. Morningstar does not talk to Wall Street analysts and does not hold conference calls about its results. Instead, it began issuing monthly statements over a year ago that addressed analyst and investor issues.

Although fee pressure is down, clients often have smaller budgets than they had in the past. Morninstar said it was able to maintain prices in high-demand areas, but had reduced them in other. However, with the improvement in the economy, the company has eliminated some discounting.

 


The Progressive Accountant
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