January 26, 2015 3:32 PM ET

Capital Markets

Company Overview of Ibbotson Associates, Inc.

Company Overview

Ibbotson Associates, Inc. offers asset allocation research and services to mutual fund firms, banks, broker-dealers, insurance companies, asset managers, and retirement plan providers in the United States and internationally. The company’s products and services include investment consulting services, such as risk tolerance questionnaires, asset class models, fund selection and classification, fund-specific portfolios, and capital market assumptions; and fund-of-funds services, including asset allocation, momentum strategies, active and passive strategies, and custom strategies, as well as income, tax-efficient, alternative, target maturity, and risk-based portfolios. Its products and service...

22 West Washington Street

Chicago, IL 60602

United States

Founded in 1977

Key Executives for Ibbotson Associates, Inc.

Chairman of Morningstar Inc and Chief Executive Officer of Morningstar Inc
Age: 57
Chief Technology Officer
Age: 51
Director of Research
Age: 43
Vice President
Age: 52
Vice President
Age: 57
Compensation as of Fiscal Year 2014.

Ibbotson Associates, Inc. Key Developments

Morningstar and Business Logic Settle Dispute

Morningstar Inc. has reached an agreement to settle its dispute with Business Logic Holding Corporation. Under terms of the agreement, Morningstar has secured a license to the intellectual property that was at the heart of the dispute. Morningstar will pay Business Logic $61.0 million, which is approximately $38.2 million after taxes or 85 cents per share. Morningstar will record the expense in the second quarter of 2014. The lawsuit stems from a 2003 contract between Business Logic and Ibbotson Associates, which is now a wholly owned subsidiary of Morningstar Inc. Business Logic gave Ibbotson the right to embed and combine its software with Ibbotson's software to develop Advice by Ibbotson, the company's advice and managed account platform for retirement plan participants. Morningstar acquired Ibbotson in 2006. When the contract between Ibbotson and Business Logic ended in 2009, Ibbotson replaced the Business Logic software with its own. Business Logic claimed that Morningstar and Ibbotson breached the contract and used Business Logic trade secrets to develop the new software. Business Logic filed suit against Morningstar and Ibbotson in 2009 and Morningstar and Ibbotson contested the claims.

Morningstar Inc. and Ibbotson Associates Inc. Settle Software Piracy Lawsuit Filed by Business Logic Corp

Morningstar Inc. has settled a software piracy lawsuit filed against it by Business Logic Corp. The trial, which was scheduled to start on July 7, 2014 in Chicago, has been canceled. The lawsuit filed by Business Logic in 2009 alleged that Morningstar and unit Ibbotson Associates Inc. misappropriated Business Logic's trade secrets. Business Logic sought in $64.3 million compensatory damages.

Ibbotson Associates, Inc. Presents at Morningstar Ibbotson Conference, Feb-20-2014 08:10 AM

Ibbotson Associates, Inc. Presents at Morningstar Ibbotson Conference, Feb-20-2014 08:10 AM. Venue: JW Marriott Desert Ridge Resort & Spa, 5350 E. Marriott Drive, Phoenix, AZ 85054, United States. Speakers: Roger Glenn Ibbotson, Founder.

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