Company T. Rowe Price Group Inc.

Equities

TROW

US74144T1088

Investment Management & Fund Operators

Market Closed - Nasdaq 04:00:00 2024-04-16 pm EDT 5-day change 1st Jan Change
112.1 USD -1.87% Intraday chart for T. Rowe Price Group Inc. -6.30% +4.10%

Business Summary

T. Rowe Price Group, Inc. is an investment management company that provides investment advisory services to individual and institutional investors, retirement plans, and financial intermediaries. The group manages a broad range of American and international stock, blended asset, bond, and money market mutual funds and other investment portfolios.

T. Rowe Price Group also provides investment advisory clients with related administrative services, including mutual fund transfer agent, accounting and shareholder services, participant recordkeeping and transfer agent services for defined contribution retirement plans, discount brokerage, and trust services.

At the end of 2023, the group had USD 1,444.5 billion in assets under management.

Number of employees: 7,906

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment Advisory Fees
89.0 %
5,969 92.0 % 5,748 89.0 % -3.71%
Administrative, Distribution, and Servicing Fees
8.5 %
574 8.8 % 551 8.5 % -3.96%
Capital Allocation-based Income
2.5 %
-54 -0.8 % 162 2.5 % -398.16%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
6,488 100.0 % 6,461 100.0 % -0.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 96-12-31
Director of Finance/CFO 51 05-12-31
Chairman 64 15-12-31
Chief Operating Officer 51 22-04-28
Chief Tech/Sci/R&D Officer - 23-09-04
Chief Investment Officer - 05-12-31
Chief Investment Officer - 97-12-31
Director/Board Member 62 21-12-29
Investor Relations Contact - -
Corporate Officer/Principal - 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 21-12-29
Director/Board Member 73 13-01-02
Director/Board Member 68 16-10-25
Director/Board Member 66 15-09-09
Director/Board Member 73 13-12-10
Director/Board Member 70 19-06-11
Director/Board Member 62 Oct. 31
Chief Executive Officer 52 96-12-31
Director/Board Member 69 10-09-07
Chairman 64 15-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 223,643,878 219,069,102 ( 97.95 %) 0 97.95 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
11.68 %
26,117,945 11.68 % 3 184 M $
BlackRock Advisors LLC
7.063 %
15,795,953 7.063 % 1 926 M $
15,172,754 6.784 % 1 850 M $
Fayez Sarofim & Co.
3.030 %
6,777,435 3.030 % 826 M $
Geode Capital Management LLC
2.331 %
5,213,258 2.331 % 636 M $
Charles Schwab Investment Management, Inc.
2.189 %
4,896,945 2.189 % 597 M $
Victory Capital Management, Inc. (Investment Management)
1.455 %
3,253,668 1.455 % 397 M $
BlackRock Life Ltd.
1.426 %
3,189,524 1.426 % 389 M $
Eaton Vance Management
1.369 %
3,060,872 1.369 % 373 M $
American Century Cos., Inc.
1.306 %
2,922,064 1.306 % 356 M $

Company contact information

T. Rowe Price Group, Inc.

100 East Pratt Street

21202, Baltimore

+410 345 2000

http://www.troweprice.com
address T. Rowe Price Group Inc.(TROW)

Group companies

NameCategory and Sector
T. Rowe Price International Funds, Inc.
Investment Trusts/Mutual Funds
T. Rowe Price State Tax-Free Funds, Inc.
Investment Trusts/Mutual Funds
T Rowe Price US Equity Research Fund
Investment Trusts/Mutual Funds
T Rowe Price Communications & Technology Fund
Investment Trusts/Mutual Funds
T Rowe Price Diversified Mid Cap Growth Fund
Investment Trusts/Mutual Funds
T Rowe Price High Yield Fund
Investment Trusts/Mutual Funds
T Rowe Price Floating Rate Multi Sector Account Portfolio
Investment Trusts/Mutual Funds
T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund
Investment Trusts/Mutual Funds
T. Rowe Price International Bond Fund (USD Hedged)
Investment Trusts/Mutual Funds
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