Headquarters: Baltimore, MD, United States
CEO: Mr. Robert W. Sharps C.F.A., CPA, CFA, CPA
USD as of April 1, 2022
T. Rowe Price Group, Inc. is a global asset management firm. It provides a range of financial services to individuals, institutions, and financial intermediaries including funds, advisory services, account management, and retirement plans and services. Founded in 1937 and headquartered in Baltimore, Maryland, T. Rowe Price operates in 16 countries with clients in more than 45 countries.
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.
T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, advisory services, account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.6 trillion and annual revenues of $6.2 billion as of 2020, placing it 447 on the Fortune 500 list of the largest U.S. companies. Headquartered at 100 East Pratt Street in Baltimore, Maryland, it has 5,000 employees in Baltimore and 16 international offices serve clients in 47 countries around the world. The firm was founded in 1937 by Thomas Rowe Price, Jr. who is best known for developing the growth stock philosophy of investing. As of 2019, the company is focused on active management after strategically deciding against a major initiative in passive investment. Consistently ranked among the world's top asset managers, T. Rowe Price was named one of the best places to work in money management by Pensions&Investments and was one of Fortune's most admired companies in 2020.
Source: Wikipedia, retrieved on March 31, 2022, 9:05 p.m.
Investment managementMutual fundsAdvisory servicesRetirement planning
Founder(s): Thomas Rowe Price, Jr.
Rob Sharps (Chairman, President & CEO) Jen Dardis (CFO)
Revenue: US$ 6.20 billion (2020)
Operating income: US$ 1.90 billion (2018)
Net income: US$ 1.22 billion (2018)
Total assets: US$ 6.23 billion (2018)
Total equity: US$ 5.01 billion (2018)