Morningstar Investment Management, LLC H-1B wage filings
Chicago, IL. Last filed in fiscal 2026. Figures cover every filing since fiscal 2020; none in the latest 12 months reach five. Also filed as Morningstar Investment Management.
Morningstar Investment Management, LLC filed 61 wage applications for H-1B and similar visas from fiscal 2020 to fiscal 2026. The median wage it offered was $122,951, 11.4% above the government's prevailing wage for the same jobs. Its most-filed job was Lead Software Engineer (7 filings, median $140,000).
- Filings since FY2020
- 61
- Positions covered
- 59
- Certified
- 96.7%
- Job titles
- 32
- Worksite cities
- 6
- Last filed
- FY2026
Offered wage since 2020
Morningstar Investment Management, LLC's median H-1B wage offer rose 7%, from $115,000 in fiscal 2021 to $122,996 in fiscal 2025. In fiscal 2025 it was 11.1% above the prevailing wage. Its busiest full year was fiscal 2022, with 15 filings.
Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year
Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.
Morningstar Investment Management, LLC by fiscal year
| Fiscal year | Filings | Median offered | vs year before | Median prevailing | vs prevailing |
|---|---|---|---|---|---|
| 2026 (Oct to Jun) | 4 | $159,822 | +29.9% | $153,317 | +4.2% |
| 2025 | 11 | $122,996 | −5.4% | $103,667 | +11.1% |
| 2024 | 13 | $130,000 | −0.9% | $117,894 | +11.4% |
| 2023 | 6 | $131,131 | +14.0% | $118,467 | +9.6% |
| 2022 | 15 | $115,000 | no change | $107,931 | +13.5% |
| 2021 | 11 | $115,000 | n/a | $104,624 | +9.9% |
| 2020 | 1 | n/a | n/a | n/a | n/a |
Offered wage by job title
Middle half of offered wagesMedian offered wageMedian prevailing wage
| Job title | Filings | Median offered | Offered range and prevailing wage | vs prevailing |
|---|---|---|---|---|
| Lead Software Engineer | 7 | $140,000 | +11.6% | |
| Senior QA Automation Engineer | 5 | $110,000 | +4.7% | |
| Senior Software Engineer | 5 | $125,000 | +15.0% | |
| Senior DevOps Engineer | 4 | $137,607 | +5.3% | |
| Associate Investment Analyst | 3 | $82,832 | +13.8% | |
| Software Engineer | 3 | $115,000 | +15.4% | |
| Account Manager “ Investment Management | 2 | $68,468 | at the minimum | |
| Investment Analyst | 2 | $79,800 | +13.9% | |
| Lead Data Engineer | 2 | $153,875 | +14.3% | |
| Manager of Site Reliability | 2 | $168,000 | +3.0% | |
| Manager of Software Engineering | 2 | $169,750 | +13.7% | |
| Product Manager | 2 | $97,500 | +9.4% | |
| QA Automation Engineer | 2 | $110,500 | +6.9% | |
| Software Engineer, Data | 2 | $107,500 | +18.4% | |
| Associate Analyst | 1 | $80,000 | +9.9% | |
| Associate Director of Automated Portfolio Solutions | 1 | $135,950 | +5.8% | |
| Associate Director of Quantitative Research | 1 | $216,724 | +9.9% | |
| Associate Investment Analyst, Investment Management | 1 | $77,160 | +16.5% | |
| Associate Product Manager | 1 | $76,336 | at the minimum | |
| Full Stack Engineer | 1 | $91,000 | +2.0% | |
| Investment Management Product Analyst | 1 | $72,779 | at the minimum | |
| Lead QA Automation Engineer | 1 | $115,000 | +17.0% | |
| Lead Software Developer | 1 | $134,118 | +8.5% | |
| Principal Software Architect | 1 | $172,000 | +41.7% | |
| Principal Software Engineer | 1 | $155,000 | +27.7% | |
| Quality Assurance Manager | 1 | $140,000 | +7.7% | |
| Quantitative Analyst | 1 | $123,476 | +48.3% | |
| Quantitative Research Analyst | 1 | $113,557 | +5.9% | |
| Senior Investment Analyst | 1 | $108,825 | +11.3% | |
| Senior Manager of Software Engineering | 1 | $170,000 | +12.9% | |
| Senior Product Manager | 1 | $130,000 | +10.3% | |
| Senior Quantitative Analyst | 1 | $122,515 | +11.8% | |
No job title on this page matches. Only the most-filed titles are listed.
Where the jobs are
| Worksite | Filings | Median offered |
|---|---|---|
| Chicago, IL | 54 | $115,000 |
| Phoenix, AZ | 3 | $142,952 |
| Charlotte, NC | 1 | $145,600 |
| Cincinnati, OH | 1 | $125,000 |
| Mason, OH | 1 | $125,000 |
| New York, NY | 1 | $91,000 |
By visa type: 61 H-1B. By outcome: 59 certified, 2 withdrawn before a decision.
Seniority of the jobs filed
The government assigns each job one of four wage levels. A higher level means a higher legal minimum.
What these numbers are
- They are wages Morningstar Investment Management, LLC attested to on Labor Condition Applications (Form ETA-9035), not paychecks. Bonuses and stock are not included.
- A filing is not a visa or a hire. One filing can cover several positions, and some are later withdrawn. Wage figures use certified filings only.
- The prevailing wage is the minimum the employer must pay for that job in that area, set from government wage surveys.
Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.