Company
T. Rowe Price Group, Inc.
Headquarters: Baltimore, MD, United States
Founded: 1937
Employees: 7,529
CEO: Mr. Robert W. Sharps C.F.A., CPA, CFA, CPA
Market Cap
$23.75 Billion
USD as of Jan. 1, 2024
T. Rowe Price Group, Inc. Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
Company Description
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.
Top Competitors by Market Capitalization
Industry: Asset Management
| Company | Market Cap (USD) |
|---|---|
| Blackstone | $147.99 B |
| BlackRock | $116.92 B |
| KKR & Co. Inc. | $71.02 B |
| Brookfield Corporation | $60.42 B |
| The Bank of New York Mellon Corporation | $40.00 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
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.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
T. Rowe Price Group, Inc. has the following listings and related stock indices.
Stock: NASDAQ: TROW wb_incandescent
Stock: Bovespa: T1RO34 wb_incandescent
Stock: MTA: TR1 wb_incandescent
Stock: XETR: TR1 wb_incandescent
Product & Services
Investment managementMutual fundsAdvisory servicesRetirement planning
Key People
Founder(s): Thomas Rowe Price, Jr.
Rob Sharps (Chairman, President & CEO) Jen Dardis (CFO)
Financials
Revenue: US$ 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)