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Rating:Morningstar's New Distribution Channel Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, May 15, 2001

Morningstar's New Distribution Channel

Reported by Alfred Wang

The Argus Group, an on-demand publisher of retirement and healthcare information, has agreed to license Morningstar mutual fund data for distribution to its clients.

"This is our first third-party distribution channel into the retirement communications market," stated Diana Velasquez, account manager at Morningstar; Argus Group will pay the Chicago-based information provider for fund sheets to be used in communications pieces.

"Many of our clients have asked for Morningstar investment profiles," said Steve Wigler, president of the Argus Group, "and now we can provide them without our clients having to make separate arrangements with Morningstar."

The announcement of the Morningstar relationship coincided with an announcement of a new contract with CitiStreet to provide its clients with 401(k) enrollment kits from Argus. 

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