T. Rowe Price is a global asset management firm that provides a wide array of financial products and services, including mutual funds, sub-advisory services, and separate account management for both individual and institutional clients. Founded in 1937 in Baltimore, Maryland, by Thomas Rowe Price Jr., the firm emphasizes a client-centered approach in offering sophisticated investment planning and guidance tools.
T. Rowe Price aims to instill investor confidence by asking important questions about emerging opportunities, such as health care innovation, clean water, and artificial intelligence, and by actively investing in areas that promise growth and evolution.
The firm is keen on delivering insights related to equity, fixed income, markets and economy, and personal finance to navigate global markets. Their investment teams are dedicated to discerning future market directions and significant matters affecting investments.
T. Rowe Price also provides insights on multi-asset investment strategies to help clients position their portfolios for success.
Their podcast, 'The Angle,' offers sharp insights into the financial forces shaping the markets. T. Rowe Price has a considerable global presence, operating in 55 countries and employing over 7,800 associates as of September 30, 2023.
The firm administered a total of $1.63 trillion in assets under management by the end of September 2024, emphasizing their substantial role in the asset management industry. They acknowledge the responsibility of adapting to the rapidly changing world, identifying the transitions as opportunities for both growth and investment.
T. Rowe Price sees its role as an experienced partner for its clients, providing a reliable source of knowledge and investment solutions to meet the varying financial goals of individuals and institutions alike.
In line with their investment thesis, they express particular interest in industries such as Mobile Apps, signaling their investment in innovative sectors that reflect the evolving digital landscape.
