T Rowe Price Group Inc (OQ:TROW)

Business Focus: Investment Management & Fund Operators

Apr 15, 2024 01:00 pm ET
OHA is Administrative Agent & Lead Left Arranger for Acentra Health’s Private Refinancing
Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting the refinancing of Acentra Health (“Acentra”), a portfolio company of Carlyle. Acentra is a leading provider of technology products...
Apr 10, 2024 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2024
BALTIMORE, April 10, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.54 trillion as of March 31, 2024. Preliminary net outflows were $1.2 billion for March 2024 and $8.0 billion for the quarter-ended March 2024.
Apr 08, 2024 10:30 am ET
T. ROWE PRICE: 401(K) ACCOUNT BALANCES SOARED IN 2023, ESPECIALLY AMONG YOUNGER RETIREMENT SAVERS
2023 report features the latest trends in 401(k) plan design and participant behavior
Apr 02, 2024 02:15 pm ET
OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC’s Acquisition of Rimkus Consulting Group
Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger for the private financing supporting the acquisition of Rimkus Consulting Group (“Rimkus”) by HGGC. Rimkus is a leading provider of mission-critical engineering and technical consulting...
Mar 21, 2024 10:00 am ET
OHA is the Left Lead Arranger of STV’s Private Unitranche Financing
Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”). STV is a leading provider of engineering and consulting services focused on...
Mar 12, 2024 10:30 am ET
LAUREN BLOOM RECOGNIZED BY BENEFITS AND PENSIONS MONITOR IN 2024 ELITE WOMEN SPECIAL REPORT
BALTIMORE, March 12, 2024 /CNW/ -- T. Rowe Price (Canada), Inc., is pleased to announce Lauren Bloom's inclusion in Benefits and Pensions Monitor's Elite Women 2024 special report, showcasing distinguished contributors in the benefits and pensions industry. Bloom serves as head of Canada Distribution for the company's Americas division and is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price (Canada) Inc.
Mar 04, 2024 10:15 am ET
Inspiring Inclusion in the Way We Do Business
T. Rowe Price Recognizes International Women's Day and U.S. Women's History Month 2024
Feb 20, 2024 12:00 pm ET
T. ROWE PRICE CHAIR WILLIAM J. STROMBERG AND DR. FREEMAN A. HRABOWSKI TO RETIRE FROM BOARD IN MAY 2024; ROBERT W. SHARPS TO ASSUME CHAIR ROLE
BALTIMORE, Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that William J. Stromberg, its non-executive chair, and Dr. Freeman A. Hrabowski, its chair of the Nominating and Corporate Governance Committee, will retire from the Board at the company's upcoming May 7, 2024, annual meeting of stockholders. At that time, Robert W. Sharps will become chair of the Board, in addition to continuing as chief executive officer and president. Both Mr. Stromberg and Dr. Hrabowski will continue to serve on the Board until the meeting.
Feb 20, 2024 10:00 am ET
T. ROWE PRICE UNVEILS 'THE POWER OF CURIOSITY'
Refreshed brand program establishes an integrated global creative platform aimed at more boldly elevating awareness and consideration of the firm's premier active investment management approach
Feb 15, 2024 10:57 am ET
OHA is a Joint Lead Arranger of Private Unitranche Financing for Clarience Technologies’ Acquisition of Safe Fleet
Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger to support the acquisition of Safe Fleet by Genstar-backed Clarience Technologies (“Clarience”). Clarience and Safe Fleet are leading manufacturers of mission-critical safety related...
Feb 12, 2024 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2024
BALTIMORE, Feb. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of January 31, 2024. Preliminary net outflows for January 2024 were $4.8 billion.
Feb 08, 2024 06:00 am ET
T. ROWE PRICE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
BALTIMORE, Feb. 8, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the fourth quarter and full year 2023. The earnings release can be found on the firm's website at troweprice.com/newsroom.
Feb 07, 2024 01:57 pm ET
T. ROWE PRICE APPOINTS COMPANY VETERANS TO LEAD U.S. INTERMEDIARIES AND RETIREMENT PLAN SERVICES BUSINESS UNITS
Kevin Collins and Francisco Negrón tapped to lead execution of each unit's strategic growth initiatives
Feb 05, 2024 11:00 am ET
Celebrating African Americans in the Arts
T. Rowe Price Recognizes U.S. Black History Month 2024
Jan 30, 2024 11:09 am ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
38th Consecutive Annual Dividend Increase
Jan 25, 2024 12:17 pm ET
OHA is the Lead Left Arranger of Greenway Health’s Private Unitranche Financing
Oak Hill Advisors (“OHA”) served as the Lead Left Arranger of a private unitranche financing for Greenway Health, a provider of electronic health record and practice management solutions to the U.S. ambulatory market. OHA committed to half of the...
Jan 18, 2024 09:45 am ET
T. Rowe Price Announces Business Resource Group Mentorship Program During National Mentoring Month
BALTIMORE, MD / ACCESSWIRE / January 18, 2024 / Amid National Mentoring Month, a White House-recognized celebration of mentors across the country who push Americans to build confidence in their lives and careers, Baltimore-based global investment management firm T. Rowe Price introduces a new program focused on business resource group (BRG) mentorship.
Jan 11, 2024 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2023
BALTIMORE, Jan. 11, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of December 31, 2023. Preliminary net outflows were $9.4 billion for December 2023, and $28.3 billion for the quarter-ended December 31, 2023, bringing preliminary year-to-date net outflows to $81.8 billion.
Jan 09, 2024 09:30 am ET
T. ROWE PRICE ESTABLISHES NEW TEAM TO AMPLIFY FOCUS ON RETIREMENT
Firm reinforces commitment to supporting the needs of retirement clients 
Jan 08, 2024 01:15 pm ET
T. Rowe Price Foundation Grants $6.5 Million To Support Non-Profits in Baltimore
Foundation's Largest Commitment to Date Continues T. Rowe Price Foundation's Long-Term Dedication to the Community in Which It's Headquartered
Jan 08, 2024 08:00 am ET
T. ROWE PRICE CAPITAL APPRECIATION FUND TIES RECORD FOR LONG-TERM PERFORMANCE
David Giroux's fund has beaten its Morningstar peer group average for 16 consecutive years
Dec 20, 2023 01:12 pm ET
ADVANCING FINANCIAL ADVISOR ACCESS TO OHA'S PRIVATE LENDING CAPABILITIES: T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND NOW AVAILABLE ON ICAPITAL MARKETPLACE
BALTIMORE, Dec. 20, 2023 /PRNewswire/ -- T. Rowe Price and Oak Hill Advisors ("OHA") are pleased to announce the launch of the T. Rowe Price OHA Select Private Credit Fund ("OCREDIT") on iCapital Marketplace, the all-digital investment platform that connects financial advisors with alternative investment opportunities offered by the world's largest investment providers and asset managers.
Dec 18, 2023 09:00 am ET
T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA
Jean-Sebastien Garant responsible for sales, service, and consultant relations
Dec 18, 2023 09:00 am ET
T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA
Jean-Sebastien Garant responsible for sales, service, and consultant relations
Dec 12, 2023 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2023
BALTIMORE, Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023. Preliminary net outflows for November 2023 were $12.6 billion.
Dec 11, 2023 07:00 am ET
Mammoth Holdings Opens Silverstar Car Wash in Fargo, ND Market
DALLAS, Dec. 11, 2023 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash in Fargo, North Dakota. The new site aligns with Mammoth's dual growth strategy of developing greenfield locations while also acquiring existing brands.
Dec 07, 2023 10:30 am ET
OHA is a Lead Arranger for Private Financing for Thoma Bravo's Take-Private of NextGen Healthcare
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Oak Hill Advisors ("OHA") served as a Lead Arranger for the acquisition financing to support Thoma Bravo's $1.8 billion take-private of NextGen Healthcare, Inc. ("NextGen Healthcare"), a leading provider of cloud-based healthcare technology solutions to ambulatory providers. The transaction was financed with a unitranche term loan and revolving credit facility.
Dec 07, 2023 09:15 am ET
T. Rowe Price Group Announces "THRIVE" Associate Resource Group on Heels of International Day of Persons With Disabilities
Group Dedicated to Fostering Inclusivity for Associates With and Caregivers of Persons With Disabilities
Nov 29, 2023 08:30 am ET
T. ROWE PRICE LAUNCHES CAPITAL APPRECIATION AND INCOME FUND
New mutual fund adds to the T. Rowe Price Capital Appreciation suite and is led by award-winning portfolio manager David Giroux and Farris Shuggi
Nov 28, 2023 09:08 am ET
T. ROWE PRICE LAUNCHES THIRD SEASON OF THE AWARD-WINNING PODCAST, 'CONFIDENT CONVERSATIONS® ON RETIREMENT'
Third season will continue to focus on providing listeners with tangible strategies to help reach their best retirement outcomes
Nov 27, 2023 02:00 pm ET
T. ROWE PRICE GROUP NAMES ERIC VEIEL HEAD OF GLOBAL INVESTMENTS EFFECTIVE JANUARY 1, 2024
BALTIMORE, Nov. 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that Eric Veiel, a chief investment officer and head of Global Equity, has been named head of Global Investments, effective January 1, 2024. The head of Global Investments role was previously held by Rob Sharps, chief executive officer and president. 
Nov 20, 2023 08:00 am ET
IFC, T. Rowe Price to Create First Blue Bond Strategy to Support the Sustainable Blue Economy across Emerging Markets
WASHINGTON, Nov. 20, 2023 /PRNewswire/ -- IFC, a member of the World Bank Group, and T. Rowe Price today announced plans to create a pioneering global blue bond strategy to increase access to finance for blue projects in emerging markets and help improve market standards for the nascent blue bond market.
Nov 17, 2023 10:05 am ET
Mammoth Holdings Refinances to Scale Platform and Drive Growth
DALLAS, Nov. 17, 2023 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the refinancing of its operations through Oak Hill Advisors ("OHA") totaling more than $500 million in size. The funding will support Mammoth's long term growth strategy of acquiring existing car wash brands and opening greenfield locations.
Nov 15, 2023 09:25 am ET
OHA is a Lead Arranger for Mammoth Holdings Refinancing
NEW YORK, Nov. 15, 2023 /PRNewswire/ -- Oak Hill Advisors ("OHA") served as a Lead Arranger for the refinancing of Mammoth Holdings ("Mammoth"), a portfolio company backed by Red Dog Equity, The Pritzker Organization ("TPO"), and CCMP Growth Advisors. Mammoth is one of the largest car wash operating platforms in the United States and maintains a multi-brand portfolio with over one hundred locations across the country. OHA provided the majority of the private financing solution totaling over $500 million in size, including a unitranche term loan, delayed draw term loan and revolving credit fa
Nov 15, 2023 08:28 am ET
T. ROWE PRICE EXPERTS SHARE 2024 U.S. RETIREMENT MARKET OUTLOOK
Experts discuss the growing demand for innovative retirement income solutions, how personalized experiences can help improve retirement outcomes, the role of public policy, and a sharpened focus on diversification opportunities amid lingering inflation and economic challenges
Nov 14, 2023 12:00 pm ET
T. ROWE PRICE EXPERTS SHARE 2024 OUTLOOK FOR GLOBAL FINANCIAL MARKETS
New regime of "higher for longer" inflation, elevated interest rates, and slower economic growth are setting the context for stock and bond markets
Nov 10, 2023 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR OCTOBER 2023
BALTIMORE, Nov. 10, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.31 trillion as of October 31, 2023. Preliminary net outflows for October 2023 were $6.3 billion. As discussed on the Q3 earnings call, the firm expects outflows in November and December to be elevated based on a few large known terminations and regular seasonal patterns. The firm forecasts net outflows for each month to exceed $10 billion.
Nov 01, 2023 04:15 pm ET
T. ROWE PRICE GROUP ADDS BILL DONNELLY AS INDEPENDENT DIRECTOR
BALTIMORE, Nov. 1, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has elected Bill Donnelly as an independent director of the company.
Nov 01, 2023 11:35 am ET
OHA is a Lead Arranger for the Private Financing Supporting BradyIFS' Merger with Envoy Solutions
NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Oak Hill Advisors ("OHA") served as a Lead Arranger for the private financing supporting the merger of BradyIFS, a leading distributor of foodservice disposables, janitorial and sanitation products and non-perishable food products, and Envoy Solutions, a similar specialty distribution business. OHA committed to over $500 million of the total unitranche facility as part of the lender group that led the transaction.  
Oct 31, 2023 08:43 am ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
BALTIMORE, Oct. 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable December 29, 2023, to stockholders of record as of the close of business on December 15, 2023.
Oct 27, 2023 07:00 am ET
T. ROWE PRICE GROUP REPORTS THIRD QUARTER 2023 RESULTS
BALTIMORE, Oct. 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the third quarter of 2023. The earnings release can be found on the firm's website at troweprice.com/newsroom.
Oct 23, 2023 11:35 am ET
OHA is a Lead Arranger for Bain Capital's Acquisition of Harrington Industrial Plastics
NEW YORK, Oct. 23, 2023 /PRNewswire/ -- Oak Hill Advisors ("OHA") served as a Lead Arranger for the unitranche financing to fund Bain Capital Private Equity's ("Bain Capital") acquisition of Harrington Industrial Plastics ("Harrington") from Nautic Partners. Harrington is a leading specialty distributor of industrial flow control process solutions and serves vendors in a wide variety of end markets, including water and wastewater management, chemicals, manufacturing, life sciences and food and beverage processing.
Oct 19, 2023 10:18 am ET
OHA Completes Final Close for $2.3 Billion Flagship Distressed Fund OHA Strategic Credit Fund III
NEW YORK, Oct. 19, 2023 /PRNewswire/ -- Oak Hill Advisors ("OHA") announced the final closing of the third vintage of its flagship distressed investment fund, OHA Strategic Credit Fund III ("OHSCFIII"). OHA is proud to partner with OHSCFIII's global institutional investor base to extend its distressed investing franchise. OHSCFIII raised $2.3 billion in equity commitments, with the majority of the capital from investors in OHA's predecessor distressed funds.
Oct 11, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2023
BALTIMORE, Oct. 11, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.35 trillion as of September 30, 2023. Preliminary net outflows were $4.2 billion for September 2023 and $17.4 billion for the quarter-ended September 2023.
Oct 02, 2023 09:58 am ET
T. Rowe Price and Oak Hill Advisors Launch "OCREDIT" Private Credit Fund
Joint Offering Launching With Over $1.5 Billion in Capital
Sep 26, 2023 10:36 am ET
Sep 20, 2023 12:19 pm ET
OHA is the Lead Left Arranger for Lindsay Goldberg's acquisition of Kleinfelder
NEW YORK, Sept. 20, 2023 /PRNewswire/ -- OHA served as Lead Left Arranger for the private unitranche facility to support Lindsay Goldberg's acquisition of Kleinfelder from Wind Point. Kleinfelder is a leading provider of engineering, design, testing, inspection and environmental services to blue chip private and public clients in diverse end markets across North America, and OHA was the largest lender in the financing.
Sep 20, 2023 12:15 pm ET
Building Diverse Teams
NORTHAMPTON, MA / ACCESSWIRE / September 20, 2023 / T. Rowe Price
Sep 19, 2023 10:35 am ET
T. ROWE PRICE: NEW REPORT ON WHY RECENT RETIREES WANT TO RETURN TO WORK
Millions of retirees returning to part- and full-time work in search of financial and emotional benefits
Sep 18, 2023 11:15 am ET
Driving Prosperity, Power, and Progress: Celebrating Hispanic Heritage Month
NORTHAMPTON, MA / ACCESSWIRE / September 18, 2023 / MOSAIC @ T. Rowe Price, one of our firm's associate-led business resource groups, and its Latinx Heritage Community are hosting an educational event focused on how language impacts individuals, culture, and business in important ways.
Sep 18, 2023 10:30 am ET
T. ROWE PRICE NAMES RAMON RICHARDS CHIEF TECHNOLOGY OFFICER
BALTIMORE, Sept. 18, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) today announced Ramon Richards as its new chief technology officer. Ramon joined the firm on September 5, 2023, and as CTO, he leads technology business solutions, technology services, and enterprise architecture functions.
Sep 14, 2023 09:35 am ET
T. ROWE PRICE ANNOUNCES ADDITION OF SENIOR EXECUTIVE TO INSTITUTIONAL BUSINESS IN CANADA
Zaheed Jiwani to Serve as Vice President of Institutional
Sep 13, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR AUGUST 2023
BALTIMORE, Sept. 13, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.40 trillion as of August 31, 2023. Preliminary net outflows for August 2023 were $7.8 billion, including a redemption from a subadvisory client.
Sep 12, 2023 10:35 am ET
T. ROWE PRICE: HOME EXPENSES FIVE TIMES MORE LIKELY THAN HEALTH-CARE EXPENSES TO DRIVE SPENDING VOLATILITY IN RETIREMENT
BALTIMORE, Sept. 12, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today published a new white paper analyzing data about spending increases and decreases in retirement years. According to T. Rowe Price's analysis, for households with less than $150,000 in annual income, spending volatility is largely driven by nondiscretionary expenses[1]. Specifically, the paper finds that among them, home-related expenses are the largest contributor to spending volatility during retirement, and they are five times more likely to drive spending volatili
Aug 31, 2023 09:00 am ET
T. Rowe Price Releases 2022 ESG Corporate Report, Highlighting Progress and Future Commitments
NORTHAMPTON, MA / ACCESSWIRE / August 31, 2023 / T. Rowe Price Group, Inc. (NASDAQ-GS:TROW), a global investment management firm, recently released its 2022 Environmental, Social, and Governance (ESG) Corporate Report. The report comprehensively outlines the firm's commitment to and advancements in its sustainability strategy. Key highlights include:
Jul 31, 2023 04:18 pm ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023.
Jul 28, 2023 07:00 am ET
T. ROWE PRICE GROUP REPORTS SECOND QUARTER 2023 RESULTS
BALTIMORE, July 28, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the second quarter of 2023. The earnings release can be found on the firm's website at troweprice.com/newsroom.
Jul 13, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JUNE 2023
BALTIMORE, July 13, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.40 trillion as of June 30, 2023. Preliminary net outflows were $6.7 billion for June 2023 and $20.0 billion for the quarter-ended June 2023.
Jun 27, 2023 12:00 pm ET
ROBERT HIGGINBOTHAM TO RETIRE FROM T. ROWE PRICE
Dee Sawyer Named as Successor and New Head of Global Distribution
Jun 20, 2023 09:40 am ET
MIDYEAR 2023 INVESTMENT OUTLOOK: AFTER A TOUGH 2022, FINANCIAL MARKETS REMAIN CHALLENGED BY MULTIPLE THREATS
Stubborn inflation, higher interest rates, slower economic growth, and a regional banking crisis in the U.S. contribute to a murky near-term outlook
Jun 15, 2023 12:53 pm ET
T. ROWE PRICE LAUNCHES ITS FIRST TRANSPARENT ACTIVE EQUITY EXCHANGE-TRADED FUNDS
The Capital Appreciation Equity ETF, Growth ETF, International Equity ETF, Small-Mid Cap ETF, and Value ETF offer distinct investment strategies and begin trading today
Jun 14, 2023 09:20 am ET
T. Rowe Price Expands Capital Access for Under-Resourced Communities With $50 Million Investment
BALTIMORE, MD / ACCESSWIRE / June 14, 2023 / Baltimore-based global investment management firm T. Rowe Price announced today it is on track to deploy $50 million in deposits to under-resourced deposit institutions through a partnership with CNote, an impact investment fintech that provides capital to lenders that empower small and diverse business owners and support under-resourced communities. Beginning last year, funds have been directed to community banks and credit unions across the country to distribute the capital to small businesses.
Jun 13, 2023 09:40 am ET
T. ROWE PRICE: SECURE 2.0 COULD BOOST THE FINANCIAL WELLNESS LANDSCAPE FOR RETIREMENT SAVERS
BALTIMORE, June 13, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today published a new white paper focused on how the primary sources of financial stress—specifically, the lack of emergency savings and the burden of student loan debt—can negatively affect an individual's retirement savings. Additionally, the paper provides insights on how provisions in the recently passed SECURE 2.0 Act retirement legislation could help with these challenges. The findings are based on multiple studies conducted by T. Rowe Price, with a focus on the firm'
Jun 13, 2023 09:31 am ET
Thinking about buying stock in T Rowe Price, Ross Stores, Davita, Catalent, or Finch Therapeutics?
NEW YORK, June 13, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TROW, ROST, DVA, CTLT, and FNCH.
Jun 12, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MAY 2023
BALTIMORE, June 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.35 trillion as of May 31, 2023. Preliminary net outflows for May 2023 were $9.6 billion.
Jun 05, 2023 08:10 am ET
Pride 2023: Your Story, Your Power
NORTHAMPTON, MA / ACCESSWIRE / June 5, 2023 / T. Rowe Price:
May 10, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR APRIL 2023
BALTIMORE, May 10, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.35 trillion as of April 30, 2023. Preliminary net outflows for April 2023 were $3.7 billion.
May 09, 2023 01:04 pm ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND AND ANNOUNCES ANNUAL MEETING VOTING RESULTS
BALTIMORE, May 9, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable on June 29, 2023, to stockholders of record as of the close business on June 15, 2023.
May 02, 2023 09:00 am ET
Asian American and Pacific Islander Heritage Month: Advancing Leaders Through Opportunity
NORTHAMPTON, MA / ACCESSWIRE / May 2, 2023 / A diverse global workforce is one of our firm's most valuable assets. We thrive because our culture is built on collaboration and the diverse backgrounds, perspectives, talents, and experiences of our associates.
May 02, 2023 07:00 am ET
T. ROWE PRICE GROUP REPORTS FIRST QUARTER 2023 RESULTS
BALTIMORE, May 2, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its results for the first quarter of 2023.
Apr 24, 2023 10:30 am ET
Apr 20, 2023 09:15 am ET
T. ROWE PRICE COMPLETES ACQUISITION OF RETIREE, INC.
Completed Deal Expands Firms' Retirement Income Capabilities
Apr 13, 2023 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2023
BALTIMORE, April 13, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.34 trillion as of March 31, 2023. Preliminary net outflows for March 2023 were $4.5 billion.
Apr 12, 2023 02:20 pm ET
T. Rowe Price Releases Its 2022 Community Snapshot, Reinforces Its Commitment to Community
BALTIMORE, MD / ACCESSWIRE / April 12, 2023 / Baltimore-based global investment management firm T. Rowe Price (NASDAQ-GS:TROW) released its 2022 Community Snapshot, reinforcing the company's commitment to community and demonstrating how corporate social responsibility and philanthropy are integral to the firm's culture.
Apr 04, 2023 10:10 am ET
T. Rowe Price Executives Named to Barron's Top 100 Influential Women in U.S. Finance 2023 List
BALTIMORE, MD / ACCESSWIRE / April 4, 2023 / T. Rowe Price (NASDAQ-GS:TROW), a global investment management firm and a leader in retirement services, today announced that CFO and Treasurer Jennifer Dardis and Head of U.S. Taxable Low Duration Cheryl Mickel have been named to Barron's Top 100 Most Influential Women in U.S. Finance 2023 list.
Apr 04, 2023 09:00 am ET
T. ROWE PRICE EXECUTIVES NAMED TO BARRON'S TOP 100 INFLUENTIAL WOMEN IN U.S. FINANCE 2023 LIST
BALTIMORE, April 4, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, today announced that CFO and Treasurer Jennifer Dardis and Head of U.S. Taxable Low Duration Cheryl Mickel have been named to Barron's Top 100 Most Influential Women in U.S. Finance 2023 list.
Mar 30, 2023 08:00 am ET
T. ROWE PRICE TO ACQUIRE RETIREE, INC., BOLSTERING RETIREMENT INCOME CAPABILITIES
Deal Strengthens Company's Position as a Leader in Retirement
Mar 21, 2023 12:42 pm ET
T. ROWE PRICE PUBLISHES 2022 YEAR-END REPORT FEATURING 401(k) PLAN SPONSOR AND PARTICIPANT BEHAVIOR AMID INFLATION AND MARKET VOLATILITY
BALTIMORE, March 21, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today published a report detailing plan sponsors' and participants' reactions to increased inflation and market volatility in 2022. The report examines retirement behavioral trends and correlations during the challenging economy.
Mar 14, 2023 10:25 am ET
T. ROWE PRICE: WOMEN SIGNIFICANTLY LAG BEHIND MEN IN RETIREMENT SAVINGS
Retirement plan adoption of financial wellness programs could help close the gap
Feb 10, 2023 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2023
BALTIMORE, Feb. 10, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.35 trillion as of January 31, 2023. Preliminary net outflows for January 2023 were $5.7 billion.
Feb 09, 2023 01:30 pm ET
ANDREW (ANDY) MCCORMICK TO RETIRE FROM T. ROWE PRICE
Firm Veteran Arif Husain Named as Successor and New Head of Global Fixed Income
Feb 07, 2023 12:17 pm ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
37th Consecutive Annual Dividend Increase
Jan 26, 2023 06:00 am ET
T. ROWE PRICE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
BALTIMORE, Jan. 26, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the fourth quarter and full year of 2022. The earnings release can be found on the firm's website at troweprice.com/media.
Jan 18, 2023 08:15 am ET
T. ROWE PRICE ADDS NEW HEAD OF GLOBAL SEPARATELY MANAGED ACCOUNT OFFERING
Michael Benedetto will serve in new role driving strategic direction to extend progress for T. Rowe Price's separately managed account (SMA) business
Jan 12, 2023 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2022
BALTIMORE, Jan. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.28 trillion as of December 31, 2022. Preliminary net outflows for the fourth quarter of 2022 were $17.1 billion, bringing preliminary year-to-date net outflows to $61.7 billion.
Jan 05, 2023 03:25 pm ET
Dec 23, 2022 01:36 pm ET
T. ROWE PRICE APPLAUDS PASSAGE OF SECURE 2.0 ACT RETIREMENT SAVINGS LEGISLATION
BALTIMORE, Dec. 23, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, issued a statement on the inclusion of SECURE 2.0 Act retirement legislation in the Consolidated Appropriations Act of 2023 passed by the U.S. Congress today.
Dec 22, 2022 11:48 am ET
T. ROWE PRICE PUBLISHES TIPS FOR RETIREMENT SAVERS AT YEAR-END
BALTIMORE, Dec. 22, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management organization and a leader in retirement, has published expert tips for year-end financial planning for retirement savers. The approaching new year is an opportunity for all investors to review financial plans and refocus financial goals.
Dec 13, 2022 10:40 am ET
T. Rowe Price Named to the Seramount Inclusion Index Recognized for Creating an Inclusive Workplace
BALTIMORE, MA / ACCESSWIRE / December 13, 2022 / T. Rowe Price (NASDAQ-GS:TROW) was named to Seramount's sixth annual Inclusion Index. The asset management firm was among the 54 organizations recognized for creating an inclusive workplace, receiving a 60% or higher score. This index helps organizations understand trends and opportunities in demographic representation; creates a road map to drive internal change; and identifies diversity, equity, and inclusion (DEI) solutions to close any gap
Dec 12, 2022 09:09 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2022
BALTIMORE, Dec. 12, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.34 trillion as of November 30, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.7 billion in November 2022 and $1.4 billion for the quarter-to-date period ended November 30, 2022. This brings total client transfers for the year-to-date period ended November 30, 2022, to $11.7 billion. These client transfers include $0.5 billion, $1.1 billion, and $8.2 billion, respectively, transfe
Dec 01, 2022 04:03 pm ET
T. ROWE PRICE VICE PRESIDENT OF TRADING ANALYTICS TERESA WOODARD WINS WOMEN IN FINANCE AWARD
BALTIMORE, Dec. 1, 2022 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, today announced that Teresa Woodard has been named to Markets Media Group's eighth annual U.S. Women in Finance Awards list for Excellence in Trading Analytics. Woodard is the head of Trading Analytics at T. Rowe Price, a role she has held since 2018.
Dec 01, 2022 02:15 pm ET
T. Rowe Price Vice President of Trading Analytics Teresa Woodard Wins Women in Finance Award
BALTIMORE, MD / ACCESSWIRE / December 1, 2022 / T. Rowe Price (NASDAQ-GS:TROW), a global investment management firm and a leader in retirement services, today announced that Teresa Woodard has been named to Markets Media Group's eighth annual U.S. Women in Finance Awards list for Excellence in Trading Analytics. Woodard is the head of Trading Analytics at T. Rowe Price, a role she has held since 2018.
Nov 28, 2022 12:33 pm ET
T. ROWE PRICE RELEASES RESEARCH STUDY ON ITS ACTIVE FUNDS
Analysis Demonstrates Historical Long-Term Performance Strength Compared to Passive and Active Peers
Nov 17, 2022 09:38 am ET
T. ROWE PRICE LAUNCHES FLOATING RATE EXCHANGE-TRADED FUND
The new fixed income ETF began trading today on NYSE Arca, Inc., and expands the firm's ETF line-up to ten active ETFs
Nov 16, 2022 09:30 am ET
T. ROWE PRICE'S NEW U.S. RETIREMENT MARKET OUTLOOK EXAMINES THE 2023 RETIREMENT LANDSCAPE
Experts discuss helping Americans close the retirement savings gap, providing holistic financial wellness, and weathering a challenging market environment through insights and research at press briefing event
Nov 10, 2022 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR OCTOBER 2022
BALTIMORE, Nov. 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.28 trillion as of October 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.7 billion in October 2022 and $11.0 billion for the year-to-date period ended October 31, 2022. These client transfers include $0.6 billion and $7.7 billion, respectively, transferred to the target date retirement trusts during October and the year-to-date period.
Nov 02, 2022 09:05 am ET
T. Rowe Price Foundation Releases First “State of the Baltimore Nonprofit Sector” Report
NORTHAMPTON, MA / ACCESSWIRE / November 2, 2022 / The T. Rowe Price Foundation today announced the release of its "2022 State of the Baltimore Nonprofit Sector" report, providing data and insights into the health and capacity of Baltimore's nonprofit community. The report details 10 key insights covering topics pertinent to sustaining effective organizations within the nonprofit sector, including partnerships, diversity, fundraising, technology, and more. This report is available for
Nov 01, 2022 11:53 am ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
BALTIMORE, Nov. 1, 2022 /PRNewswire/ --
Oct 27, 2022 07:00 am ET
T. ROWE PRICE GROUP REPORTS THIRD QUARTER 2022 RESULTS
BALTIMORE, Oct. 27, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the third quarter of 2022. The earnings release can be found on the firm's website at troweprice.com/media.
Oct 26, 2022 11:08 am ET
T. ROWE PRICE LAUNCHES NEW U.S. HIGH YIELD FIXED INCOME EXCHANGE-TRADED FUND
Firm expands fixed income ETF line-up with new U.S. High Yield ETF, which began trading today on NYSE Arca, Inc.
Oct 24, 2022 11:03 am ET
AMID MARKET TURMOIL OF 2022, INVESTORS IN TARGET DATE STRATEGIES AGAIN STAY THE COURSE
BALTIMORE, Oct. 24, 2022 /PRNewswire/ -- In the market turbulence of 2022 that has delivered crushing losses in both the stock and bond markets, target date investors are again an oasis of calm despite sharing the pain in their own portfolios.  On the T. Rowe Price 401(k) recordkeeping platform, target date investors continued to steadfastly adhere to a long-term focus and stay the course during market downturns. 
Oct 19, 2022 10:20 am ET
FORBES RECOGNIZES T. ROWE PRICE AS ONE OF THE WORLD'S BEST EMPLOYERS 2022
BALTIMORE, Oct. 19, 2022 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, today announced it has been named to Forbes World's Best Employers 2022 list. This recognition represents the first time T. Rowe Price has been named to the Forbes World's Best Employers honorees.
Oct 18, 2022 10:20 am ET
T. ROWE PRICE INTRODUCES EMERGENCY SAVINGS APP TO FINANCIAL WELLNESS OFFERING
'Waysaver' provides an automatic solution for employers to address a key barrier to employee retirement readiness – unanticipated financial demands
Oct 18, 2022 08:10 am ET
A Job Is More Than a Paycheck
NORTHAMPTON, MA / ACCESSWIRE / October 18, 2022 / T. Rowe Price
Oct 12, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2022
BALTIMORE, Oct. 12, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.23 trillion as of September 30, 2022. Preliminary net outflows for the third quarter of 2022 were $24.6 billion, bringing preliminary year-to-date net outflows to $44.6 billion.
Oct 03, 2022 08:00 am ET
T. ROWE PRICE RANKS NO. 2 IN MARYLAND AND TOP 25 IN COLORADO ON FORBES BEST-IN-STATE EMPLOYER 2022 LIST
BALTIMORE, Oct. 3, 2022 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm and a leader in retirement services, today announced it has been named to Forbes Best-in-State Employers 2022 list, ranking second in Maryland and among the Top 25 in Colorado. T. Rowe Price is one of only 70 employers in Maryland and 60 employers in Colorado recognized. Included on this year's list, Forbes awarded only four employers in the banking and financial services industry in Maryland and only three in Colorado.
Sep 28, 2022 10:00 am ET
T. ROWE PRICE: MARKET SETBACKS DON'T NEED TO SET BACK RETIREMENT PLANS
Midyear evaluation of current market volatility, inflation, and lower expected returns do not warrant a change in retirement savings strategies for most workers
Sep 27, 2022 12:50 pm ET
T. Rowe Price Releases 2021 ESG Corporate Annual Report, Highlighting Progress and Commitments for the Future
BALTIMORE, MD / ACCESSWIRE / September 27, 2022 / T. Rowe Price Group, Inc. (NASDAQ-GS:TROW), a global investment management firm, has published its 2021 ESG Corporate Annual Report. The report details how the firm is advancing its environmental, social, and governance (ESG) strategy. Highlights of T. Rowe Price's 2021 ESG activities and progress include:
Sep 27, 2022 10:00 am ET
T. ROWE PRICE RELEASES 2021 ESG CORPORATE ANNUAL REPORT, HIGHLIGHTING PROGRESS AND COMMITMENTS FOR THE FUTURE
BALTIMORE, Sept. 27, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), a global investment management firm, has published its 2021 ESG Corporate Annual Report. The report details how the firm is advancing its environmental, social, and governance (ESG) strategy. Highlights of T. Rowe Price's 2021 ESG activities and progress include:
Sep 21, 2022 11:29 am ET
T. ROWE PRICE PARTICIPATES IN "MANAGEMENT LEADERSHIP FOR TOMORROW HISPANIC EQUITY AT WORK" LAUNCH
BALTIMORE, Sept. 21, 2022  /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) proudly announces its participation in the Management Leadership for Tomorrow (MLT) Hispanic Equity at Work Certification. The firm is one of 17 industry-leading employers to participate in the inaugural certification class. This three-year process is rooted in action, accountability, and measurable results, establishing a rigorous standard of and a road map to Hispanic equity in the workplace. The firm also participates in the MLT Black Equity at Work Certification program.
Sep 15, 2022 10:30 am ET
T. ROWE PRICE PUBLISHES REPORT FEATURING 401(k) PLAN SPONSOR AND PARTICIPANT BEHAVIOR IN FIRST HALF 2022
New study shows participants are staying the course and eager to get better educated about retirement savings amid rising inflation and heightened market volatility
Sep 13, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR AUGUST 2022
BALTIMORE, Sept. 13, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.34 trillion as of August 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.5 billion in August 2022 and $3.0 billion for the quarter-to-date period ended August 31, 2022. This brings total client transfers for the year-to-date period ended August 31, 2022, to $10.0 billion. These client transfers include $1.2 billion, $2.0 billion, and $6.9 billion, respectively, transferred to
Aug 10, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JULY 2022
BALTIMORE, Aug. 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of July 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.5 billion in July 2022 and $8.5 billion for the year-to-date period ended July 31, 2022. These client transfers include $0.8 billion and $5.7 billion, respectively, transferred to the target date retirement trusts during July and the year-to-date period.
Aug 01, 2022 03:22 pm ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
BALTIMORE, Aug. 1, 2022 /PRNewswire/ --
Aug 01, 2022 11:50 am ET
T. ROWE PRICE NAMED TO FORBES' "BEST EMPLOYERS FOR WOMEN 2022" LIST
BALTIMORE, Aug. 1, 2022 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) proudly announced that it was named to Forbes' Best Employers for Women 2022. It joins the ranks of 400 other companies across 24 industries. This is the first time the organization has received this designation.
Jul 28, 2022 07:00 am ET
T. ROWE PRICE GROUP REPORTS SECOND QUARTER 2022 RESULTS
BALTIMORE, July 28, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2022. The earnings release can be found on the firm's website at troweprice.com/media.
Jul 19, 2022 11:00 am ET
T. ROWE PRICE ANNOUNCES ADDITION OF TWO SENIOR EXECUTIVES TO INSTITUTIONAL DEFINED CONTRIBUTION BUSINESS IN U.S.
Meenu Annamalai, Jessica Sclafani to bring expertise and experience to clients
Jul 19, 2022 10:00 am ET
T. ROWE PRICE FINDS FINANCIAL STRESS IS A PREDICTOR OF FINANCIAL WELLNESS
Adoption of financial wellness programs can reduce stress, lead to better retirement outcomes
Jul 13, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JUNE 2022
BALTIMORE, July 13, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.31 trillion as of June 30, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.2 billion in June 2022, and $2.9 billion for the quarter ended June 30, 2022. This brings total client transfers for the year-to-date period ended June 30, 2022, to $7.0 billion. These client transfers include $1.0 billion, $1.6 billion, and $4.9 billion, respectively, transferred to the target date retirem
Jul 06, 2022 11:00 am ET
T. ROWE PRICE ANNOUNCES STRATEGIC PROMOTIONS IN CANADA
Lauren Bloom Promoted to Head of Canada; Samantha Cleyn Promoted to Head of Institutional for Canada
Jun 13, 2022 10:04 am ET
T. ROWE PRICE PUBLISHES EXPERT TIPS FOR RETIREMENT SAVERS DURING MARKET VOLATILITY
BALTIMORE, June 13, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published tips for retirement savers to consider during recent market volatility. The combination of a global crisis and a challenging economic future is leading even experienced investors to take a second look at their investment portfolios. Key tips for retirement investors to consider during this uncertainty include:
Jun 10, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MAY 2022
BALTIMORE, June 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.40 trillion as of May 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were negligible for the month of May. Client transfers for the quarter-to-date and year-to-date periods ended May 31, 2022, were $1.7 billion and $5.8 billion, respectively.  These client transfers include $0.6 billion and $3.9 billion, respectively, transferred to the target date retirement trusts during the quarte
Jun 02, 2022 11:00 am ET
T. ROWE PRICE RELEASES LATEST DEFINED CONTRIBUTION CONSULTANT RESEARCH STUDY
New Research, Representing 33,000 Plan Sponsor Clients, Highlights Insights and Retirement Plan Trends
May 19, 2022 08:00 am ET
T. ROWE PRICE NAMES POPPY ALLONBY AS HEAD OF ENVIRONMENTAL, SOCIAL, AND GOVERNANCE ENABLEMENT
BALTIMORE and LONDON, May 19, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that Poppy Allonby, an investment and environmental, social, and governance (ESG) leader with 20 years of asset management industry experience, will join the firm on June 6, 2022, as head of ESG Enablement.
May 11, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR APRIL 2022
BALTIMORE, May 11, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.42 trillion as of April 30, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.7 billion in April 2022 and $5.8 billion for the year-to-date period ended April 30, 2022. These client transfers include $0.6 billion and $3.9 billion, respectively, transferred to the target date retirement trusts during April and the year-to-date period.
May 10, 2022 11:20 am ET
May 04, 2022 10:00 am ET
T. ROWE PRICE RANKS #1 IN CUSTOMER SATISFACTION AMONG INVESTORS SEEKING GUIDANCE IN J.D. POWER 2022 U.S. SELF-DIRECTED INVESTOR SATISFACTION STUDY
BALTIMORE, May 4, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement services, announced today it has been ranked the highest in customer satisfaction according to the J.D. Power 2022 U.S. Self-Directed Investor Satisfaction Study.
May 04, 2022 08:00 am ET
T. ROWE PRICE JOINS NET ZERO ASSET MANAGERS INITIATIVE
BALTIMORE and LONDON , May 4, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today announced it has joined the Net Zero Asset Managers initiative (NZAMI) to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius. In joining NZAMI, the firm is fortifying its commitment to providing investment products for clients with net zero ambitions.
May 03, 2022 10:00 am ET
T. ROWE PRICE TO PUBLISH SECOND SEASON OF PODCAST, 'CONFIDENT CONVERSATIONS™ ON RETIREMENT'
Second season will continue to feature T. Rowe Price experts discussing a variety of retirement-related topics
Apr 28, 2022 03:00 pm ET
T. ROWE PRICE PUBLISHES ANNUAL 401(K) BENCHMARKING DATA ON PARTICIPANT BEHAVIOR AND PLAN DESIGN
Reference Point data shows that 401(k) participants are continuing positive retirement savings behavior in the aftermath of the Global Pandemic
Apr 28, 2022 07:00 am ET
T. ROWE PRICE GROUP REPORTS FIRST QUARTER 2022 RESULTS
BALTIMORE, April 28, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the first quarter of 2022. The earnings release can be found on the firm's website at troweprice.com/media.
Apr 12, 2022 10:00 am ET
T. ROWE PRICE: LATEST RESEARCH FINDS PLAN ACCESS AND PLAN DESIGN SIGNIFICANTLY IMPACTS RETIREMENT SAVINGS
Employers have opportunity to positively impact racial, ethnic, and overall retirement savings gaps through plan access and plan design
Apr 12, 2022 08:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2022
BALTIMORE, April 12, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.55 trillion as of March 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.5 billion in March 2022 and $4.1 billion for the quarter ended March 31, 2022. These client transfers include $0.5 billion and $3.3 billion, respectively, transferred to the target date retirement trusts during March and the quarter-to-date period.
Apr 06, 2022 08:00 am ET
T. ROWE PRICE NAMES KIMBERLY JOHNSON CHIEF OPERATING OFFICER
BALTIMORE, April 6, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), a global leader in asset management, announced today that Kimberly Johnson has been named chief operating officer (COO), effective April 29. Johnson will report to Rob Sharps, CEO and president, and will serve on the Management Committee.
Mar 30, 2022 08:00 am ET
Mar 10, 2022 01:00 pm ET
T. ROWE PRICE LAUNCHES NEW RETIREMENT TOOL FOR FINANCIAL PROFESSIONALS AND THEIR CLIENTS
BALTIMORE, March 10, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today announced the launch of its latest retirement tool aimed to help retirees get a better understanding of their financial habits, specifically if they identify more as a spender (retirees who draw down their balance to maintain their spending) or more of a saver (retirees who adjust their spending to maintain, or even grow, their balance).
Mar 10, 2022 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR FEBRUARY 2022
BALTIMORE, March 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.54 trillion as of February 28, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.4 billion in February 2022 and $3.6 billion for the quarter-to-date period ended February 28, 2022. These client transfers include $0.9 billion and $2.8 billion, respectively, transferred to the target-date retirement trusts during the February and year-to-date periods. 
Feb 22, 2022 11:53 am ET
T. ROWE PRICE PUBLISHES RETIREMENT PLANNING TIPS FOR INVESTORS MAKING A CAREER CHANGE IN THE NEW YEAR
BALTIMORE, Feb. 22, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published financial planning tips and reminders for retirement savers as they build their 2022 financial plans. Setting clear goals and having an overarching plan are important elements in making financial progress, and with many investors reexamining their careers and starting new roles, it can be an especially important time to revisit financial plans.
Feb 10, 2022 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2022
BALTIMORE, Feb. 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.58 trillion as of January 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.2 billion in January 2022. These client transfers include $1.9 billion transferred to the target-date retirement trusts during January.
Feb 08, 2022 11:43 am ET
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
BALTIMORE, Feb. 8, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.20 per share payable March 30, 2022, to stockholders of record as of the close of business on March 15, 2022. The quarterly dividend rate represents an 11.1% increase over the previous quarterly dividend rate of $1.08 per share. This will mark the 36th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.
Jan 27, 2022 06:00 am ET
T. ROWE PRICE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS
BALTIMORE, Jan. 27, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the fourth quarter and full year 2021. The earnings release can be found on the firm's website at troweprice.com/media.
Jan 12, 2022 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2021
BALTIMORE, Jan. 12, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.69 trillion as of December 31, 2021. The acquisition of Oak Hill Advisors, L.P. (OHA) completed on December 29, 2021, included $57 billion of capital under management(a), of which $47 billion of fee-basis assets under management are included in these preliminary month-end assets under management.
Dec 29, 2021 03:00 pm ET
T. ROWE PRICE COMPLETES ACQUISITION OF OAK HILL ADVISORS
BALTIMORE, Dec. 29, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today announced it has completed its acquisition of Oak Hill Advisors, L.P. (OHA), a leading alternative credit manager. The acquisition, which was announced on October 28, 2021, accelerates T. Rowe Price's expansion into alternative credit markets, complementing its existing global platform and ongoing strategic investments in its core investments and distribution capabilities.
Dec 21, 2021 01:09 pm ET
T. ROWE PRICE NAMES HEAD OF GLOBAL DISTRIBUTION DIGITAL SOLUTIONS
BALTIMORE, Dec. 21, 2021 /PRNewswire/ -- T. Rowe Price announced today that Chrystal Williams has joined the firm's Global Distribution organization as head of its newly created Global Distribution Digital Solutions group. The new team will bring together several digital capabilities from across the firm – including those supporting web product ownership, digital design, product data display, and common local digital marketing tools – to amplify the firm's digital experience for clients across T. Rowe Price businesses. Williams will report to Head of Global Marketing Theresa McLaughlin.
Dec 16, 2021 01:10 pm ET
T. ROWE PRICE CHOSEN TO PARTICIPATE IN MARYLAND STATE-RUN RETIREMENT PROGRAM
BALTIMORE, Dec. 16, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management organization and a leader in retirement, announced today it was chosen to manage one of the investment options in the new state-run retirement program, MarylandSaves.
Dec 15, 2021 08:00 am ET
BOARDS OF THE T. ROWE PRICE MUTUAL FUNDS ADD KELLYE WALKER AS INDEPENDENT DIRECTOR
BALTIMORE, Dec. 15, 2021 /PRNewswire/ -- T. Rowe Price announced that the Boards of Directors of the T. Rowe Price mutual funds elected Kellye Walker as an independent director of each fund's Board.
Dec 10, 2021 07:30 am ET
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2021
BALTIMORE, Dec. 10, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.63 trillion as of November 30, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.1 billion in November 2021, and $4.2 billion for the quarter-to-date period ended November 30, 2021. This brings total client transfers for the year-to-date period ended November 30, 2021, to $22.6 billion. These client transfers include $0.7 billion, $2.9 billion, and $15.6 billion, respectively, transf
Dec 08, 2021 08:00 am ET
T. Rowe Price Board Formally Approves Appointment Of Rob Sharps As CEO And Board Member
BALTIMORE, Dec. 8, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that as planned its Board of Directors has formally approved the appointment of Rob Sharps to succeed Bill Stromberg as chief executive officer (CEO) and chair of the Management Committee, effective January 1, 2022. Sharps, who will retain his role as president, will also be appointed to the Board of Directors, effective on the earlier of January 1, 2022, or the first business day following the closing date of the firm's pending acquisition of Oak Hill Advisors (OHA).
Dec 06, 2021 01:09 pm ET
T. Rowe Price Publishes Year-End Tips For Retirement Savers
BALTIMORE, Dec. 6, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management organization and a leader in retirement, has published expert tips for year-end financial planning for retirement savers. The approaching new year is an opportunity for all investors to review financial plans and refocus financial goals.
Nov 17, 2021 09:00 am ET
T. Rowe Price's Inaugural U.S. Retirement Market Outlook Examines the 2022 Retirement Landscape
BALTIMORE, Nov. 17, 2021 /PRNewswire/ -- T. Rowe Price held its inaugural U.S. Retirement Market Outlook press briefing yesterday, offering research-based insights on major themes expected to shape the retirement landscape in 2022. Amid recent significant global events like the pandemic and its impact on the market, a select group of the firm's experts shared their perspectives on key topics, including the widening retirement savings gap, trends in prioritizing financial wellness, and the current investment market environment. 
Nov 10, 2021 07:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For October 2021
BALTIMORE, Nov. 10, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.67 trillion as of October 31, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $3.1 billion in October 2021 and $21.5 billion for the year-to-date period ended October 31, 2021. These client transfers include $2.2 billion and $14.9 billion, respectively, transferred to the target-date retirement trusts during October and the year-to-date period.
Nov 03, 2021 09:00 am ET
T. Rowe Price Group Adds Eileen Rominger As Independent Director
BALTIMORE, Nov. 3, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has elected Eileen Rominger as an independent director of the company.
Nov 02, 2021 12:55 pm ET
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE, Nov. 2, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.08 per share payable on December 30, 2021 to stockholders of record as of the close of business on December 16, 2021.
Oct 28, 2021 07:03 am ET
T. Rowe Price Group Reports Third Quarter 2021 Results
BALTIMORE, Oct. 28, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the third quarter of 2021. The earnings release can be found on the firm's website at troweprice.com/media.
Oct 28, 2021 07:00 am ET
T. Rowe Price To Acquire Oak Hill Advisors, Accelerating Expansion Into Alternative Investment Markets
BALTIMORE and NEW YORK, Oct. 28, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today announced a definitive agreement to purchase Oak Hill Advisors, L.P. (OHA), a leading alternative credit manager.
Oct 12, 2021 08:39 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For September 2021
BALTIMORE, Oct. 12, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.61 trillion as of September 30, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.2 billion in September 2021, and $3.6 billion for the quarter-ended September 30, 2021. This brings total client transfers for the year-to-date period ended September 30, 2021, to $18.4 billion. These client transfers include $0.4 billion, $1.9 billion and $12.7 billion, respectively, transferred to the
Oct 11, 2021 09:00 am ET
T. Rowe Price Names Theresa McLaughlin As Head Of Global Marketing
BALTIMORE, Oct. 11, 2021 /PRNewswire/ -- T. Rowe Price Group (NASDAQ-GS: TROW) announced today that Theresa McLaughlin, a recognized marketing leader with more than 25 years of financial industry experience, will join the firm on October 25, 2021, as head of Global Marketing.
Oct 05, 2021 10:45 am ET
T. Rowe Price Launches New Podcast, 'Confident Conversations On Retirement'
BALTIMORE, Oct. 5, 2021 /PRNewswire/ -- T. Rowe Price today announced the launch of its new podcast, "Confident Conversations on Retirement" that aims to help investors make more informed financial decisions to achieve the retirement they envision. The series features T. Rowe Price experts sharing their perspective and strategies on a range of retirement-related topics including saving for health care and other expenses in retirement, and balancing competing financial priorities before and during retirement.
Sep 29, 2021 10:45 am ET
T. Rowe Price Launches Its First Fixed Income Exchange-Traded Funds
BALTIMORE, Sept. 29, 2021 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) announced today the addition of fixed income exchange-traded funds (ETFs) to its active ETF roster. Three new T. Rowe Price active fixed income ETFs, including QM U.S. Bond ETF (Ticker: TAGG), Total Return ETF (Ticker: TOTR), and Ultra Short-Term Bond ETF (Ticker: TBUX), will be available to the public beginning today on NYSE Arca, Inc.  
Sep 13, 2021 08:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For August 2021
BALTIMORE, Sept. 13, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.68 trillion as of August 31, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.1 billion in August 2021 and $2.4 billion for the quarter-to-date period ended August 31, 2021.  This brings total client transfers for the year-to-date period ended August 31, 2021, to $17.2 billion.  These client transfers include $1.3 billion, $1.5 billion, and $12.3 billion, respectively, transferred
Aug 24, 2021 10:30 am ET
T. Rowe Price: Latest Research Highlights How Employers Can Help Close Racial And Ethnic Retirement Savings Gaps With Financial Wellness
BALTIMORE, Aug. 24, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today released a series of white papers featuring findings from its sixth annual Retirement Savings and Spending survey focused on the financial attitudes and behaviors of 401(k) savers and retirees. Among the notable findings, the research found that Black and Latinx 401(k) savings rates are lower compared to their white counterparts. The median deferral rates were 5% and 8% for Black and Latinx participants, respectively, compared to 9% for white participants. Additionall
Aug 11, 2021 08:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For July 2021
BALTIMORE, Aug. 11, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.64 trillion as of July 31, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.3 billion in July 2021 and $15.1 billion for the year-to-date period ended July 31, 2021. These client transfers include $0.2 billion and $11.0 billion, respectively, transferred to the target-date retirement trusts during July and the year-to-date period.
Aug 02, 2021 04:26 pm ET
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE, Aug. 2, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.08 per share payable on September 29, 2021 to stockholders of record as of the close of business on September 15, 2021.
Jul 29, 2021 07:01 am ET
T. Rowe Price Group Announces CEO Succession Plan And Key Leadership Transitions
BALTIMORE, July 29, 2021 /PRNewswire/ -- T. Rowe Price Group (NASDAQ-GS: TROW) today announced that Bill Stromberg, chair of the Board of Directors, chief executive officer (CEO), and chair of the firm's Management Committee, will retire from his roles at the company on December 31, 2021, after 35 years at the firm. He will continue to serve on the Board as non-executive chair.
Jul 29, 2021 07:00 am ET
T. Rowe Price Group Reports Second Quarter 2021 Results
BALTIMORE, July 29, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2021. The earnings release can be found on the firm's website at troweprice.com/media.
Jul 28, 2021 09:43 am ET
Jul 13, 2021 08:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For June 2021
BALTIMORE, July 13, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.62 trillion as of June 30, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.8 billion in June 2021, and $9.2 billion for the quarter-ended June 30, 2021.  This brings total client transfers for the year-to-date period ended June 30, 2021, to $14.8 billion. These client transfers include $0.6 billion, $5.9 billion and $10.8 billion, respectively, transferred to the target-date retire
Jul 08, 2021 09:00 am ET
T. Rowe Price Releases 2020 Sustainability Report
BALTIMORE, July 8, 2021 /PRNewswire/ --
Jun 14, 2021 04:00 pm ET
T. Rowe Price Group Declares Special Cash Dividend
BALTIMORE, June 14, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a special cash dividend of $3.00 per share payable on July 7, 2021 to stockholders of record as of the close of business on June 25, 2021.
Jun 10, 2021 08:30 am ET
T. Rowe Price Group Reports Preliminary Month-end Assets Under Management For May 2021
BALTIMORE, June 10, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.59 trillion as of May 31, 2021.  Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.5 billion in May 2021 and $6.4 billion for the quarter-to-date period ended May 31, 2021.  This brings total client transfers for the year-to-date period ended May 31, 2021, to $12.0 billion.  These client transfers include $0.1 billion, $5.3 billion, and $10.2 billion, respectively, transferred to the
Jun 09, 2021 10:30 am ET
T. Rowe Price Launches New Active U.S. Equity ETF
BALTIMORE, June 9, 2021 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) announced today the newest addition to its lineup of active exchange-traded funds (ETFs), U.S. Equity Research ETF (Ticker: TSPA). The new fund is available to the public beginning today and it marks the firm's fifth strategy in the active ETF vehicle.
Feb 25, 2021 11:04 am ET
T. Rowe Price Experts Provide Retirement Savings Tips For Each Generation
BALTIMORE, Feb. 25, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published steps investors, in each generation, can take to secure a stronger financial position for their future retirement.
Feb 16, 2021 10:23 am ET
T. Rowe Price Publishes 2020 Year-In-Review Highlights Featuring 401(k) Plan Sponsor And Participant Behavior During Global Pandemic
BALTIMORE, Feb. 16, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published 2020 year-in-review highlights of plan sponsors' and participants' reactions to the coronavirus-impacted environment. The 401(k) plan and participant data was collected from the start of the pandemic through December 31st, 2020 and found that while the pandemic caused market volatility and unpresented changes to business operations, most participants stayed the course and did not make a change to their investments. Meanwhile, 9% of participants with access to
Feb 11, 2021 07:55 am ET
T. Rowe Price Names Rob Sharps President And Céline Dufétel Chief Operating Officer
BALTIMORE, Feb. 11, 2021 /PRNewswire/ -- T. Rowe Price Group (NASDAQ-GS: TROW) announced that effective today, Rob Sharps has been named president and Céline Dufétel has been named chief operating officer (COO). Mr. Sharps will continue to serve as head of Investments and group chief investment officer (CIO), and Ms. Dufétel will continue as chief financial officer (CFO) and treasurer. Both will remain members of the Management Committee and continue reporting to Bill Stromberg, who will remain chief executive officer and chair of the Board.
Feb 10, 2021 07:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For January 2021
BALTIMORE, Feb. 10, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.46 trillion as of January 31, 2021. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.8 billion in January 2021.  These client transfers include $2.5 billion transferred to the target-date retirement trusts during January.
Feb 09, 2021 10:43 am ET
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE, Feb. 9, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.08 per share payable March 30, 2021 to stockholders of record as of the close of business on March 16, 2021. The quarterly dividend rate represents a 20% increase over the previous quarterly dividend rate of $0.90 per share. This will mark the 35th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.
Feb 04, 2021 03:15 pm ET
BetterInvesting™ Magazine Chooses T. Rowe Price Group Inc. As "Growth" Stock and Akamai Technologies Inc. As "Undervalued" For April 2021 Issue
TROY, Mich., Feb. 4, 2021 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced T. Rowe Price Group Inc. (NASDAQ:TROW) as its "Stock to Study" and Akamai Technologies Inc. (NASDAQ:AKAM) is its "Undervalued Stock" in the April 2021 issue for investors' informational and educational use.
Jan 28, 2021 04:13 pm ET
T. Rowe Price Experts Publish 2021 Financial Checklist For Retirement Savers
BALTIMORE, Jan. 28, 2021 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published a 2021 monthly financial checklist featuring expert tips for retirement savers. With the financial challenges many investors face due to the Global Pandemic, the new year is an opportunity to review financial plans and refocus financial goals.
Jan 28, 2021 06:00 am ET
T. Rowe Price Group Reports Fourth Quarter And Full Year 2020 Results
BALTIMORE, Jan. 28, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the fourth quarter and full year 2020. The earnings release can be found on the firm's website at troweprice.com/media.
Jan 13, 2021 07:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For December 2020
BALTIMORE, Jan. 13, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.47 trillion as of December 31, 2020. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.0 billion in December 2020, and $2.5 billion for the fourth quarter of 2020. This brings total client transfers for 2020 to $13.7 billion. These client transfers include $0.4 billion in December, $0.9 billion in the fourth quarter, and $8.6 billion in 2020, transferred to the target-date retirement trust
Dec 17, 2020 09:00 am ET
T. Rowe Price: Parents Putting On A Financial Façade Are More Reluctant To Discuss Money With Their Kids
BALTIMORE, Dec. 17, 2020 /PRNewswire/ -- T. Rowe Price's 12th annual Parents, Kids & Money Survey, which sampled more than 2,000 parents of 8- to 14-year-olds and their kids, revealed that families who try to "keep up with the Joneses" are more reluctant (62% vs. 30%) to have money conversations with their kids and more likely to have risky financial behaviors and habits. Overall, many parents reported having some reluctance discussing financial topics with their kids (41%).
Dec 14, 2020 10:46 am ET
T. Rowe Price Launches Short Duration Income Fund
BALTIMORE, Dec. 14, 2020 /PRNewswire/ --
Dec 10, 2020 09:00 am ET
Dec 10, 2020 07:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For November 2020
BALTIMORE, Dec. 10, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.42 trillion as of November 30, 2020.  Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.4 billion in November 2020, and $1.5 billion for the quarter-to-date period ended November 30, 2020.  This brings total client transfers for the year-to-date period ended November 30, 2020, to $12.7 billion.  These client transfers include $0.5 billion and $8.2 billion, respectively, transferred to the
Dec 08, 2020 08:00 am ET
T. Rowe Price CFO Céline Dufétel To Speak At Goldman Sachs U.S. Financial Services Conference
BALTIMORE, Dec. 8, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced that Céline Dufétel, its chief financial officer and treasurer, is scheduled to speak at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020. The session will take place at 10:00 a.m. EST via webcast.
Dec 03, 2020 09:00 am ET
T. Rowe Price: Average 401(k) Savings Rate Remains Steady Amid The Global Pandemic
BALTIMORE, Dec. 3, 2020 /PRNewswire/ -- T. Rowe Price today released findings from its 6th annual Retirement Savings and Spending survey focused on the financial attitudes and behaviors of 401(k) savers. The survey, which was conducted amid the pandemic in June 2020, found that despite the many financial challenges brought on by the crisis, the average 401(k) savings rate has remained steady since 2019 at 8%. The survey also saw sizeable year-over-year increases in several of the major financial objectives identified by 401(k) savers, including saving for emergencies (50%, up from 38% in 201
Dec 01, 2020 08:00 am ET
T. Rowe Price Global Headquarters To Move To Harbor Point
BALTIMORE, Dec. 1, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that it has signed a letter of intent for a long-term lease in Harbor Point that will keep its global headquarters in downtown Baltimore. The firm plans to relocate its downtown Baltimore operations in 2024 to two modern, green buildings at Harbor Point that will be constructed to the firm's specifications, allowing it to create customized space that best meets its needs and supports the firm's collaborative culture.
Nov 19, 2020 08:00 am ET
T. Rowe Price To Establish Additional U.S. Entity to Sustain Investment Performance For Clients
BALTIMORE, Nov. 19, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that in support of the firm's continued focus on generating strong investment results for clients, it will establish T. Rowe Price Investment Management, Inc. (TRPIM), as a separate U.S.-based SEC-registered investment adviser. TRPIM will have its own investment platform and veteran leadership, with more than 100 associates, including at least 85 investment professionals.
Nov 11, 2020 07:30 am ET
T. Rowe Price Group Reports Preliminary Month-End Assets Under Management For October 2020
BALTIMORE, Nov. 11, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.30 trillion as of October 31, 2020.  Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.1 billion in October 2020, and $12.3 billion for the year-to-date period ended October 31, 2020.  These client transfers include $0.5 billion and $8.2 billion, respectively, transferred to the target-date retirement trusts during October and the year-to-date period.
Nov 09, 2020 08:00 am ET
T. Rowe Price's Sébastien Page Offers Asset Allocation Insights In New Book
BALTIMORE, Nov. 9, 2020 /PRNewswire/ -- T. Rowe Price announced today that Sébastien Page, head of the firm's Multi-Asset Division, has authored a new book on asset allocation titled "Beyond Diversification: What Every Investor Needs to Know About Asset Allocation". The book is to be published tomorrow, November 10, 2020, by McGraw-Hill.
Oct 29, 2020 07:30 am ET
T. Rowe Price Group Reports Third Quarter 2020 Results
BALTIMORE, Oct. 29, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the third quarter of 2020. The earnings release can be found on the firm's website at troweprice.com/media.
Oct 28, 2020 02:53 pm ET
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE, Oct. 28, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.90 per share payable December 30, 2020 to stockholders of record as of the close of business on December 15, 2020.
Oct 28, 2020 08:30 am ET
Oct 19, 2020 10:00 am ET
Aug 05, 2020 10:23 am ET
T. Rowe Price Launches Its First-Ever Active Exchange-Traded Funds
BALTIMORE, Aug. 5, 2020 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) announced the debut of four active exchange-traded funds (ETFs). All four funds are available to the public beginning today. The ETFs, which will be actively managed by T. Rowe Price portfolio managers, include the Blue Chip Growth ETF, the Dividend Growth ETF, the Equity Income ETF, and the Growth Stock ETF. All four are listed on the New York Stock Exchange (NYSE) Arca, Inc.
Aug 03, 2020 04:13 pm ET
T. Rowe Price Group Declares Quarterly Dividend
BALTIMORE, Aug. 3, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.90 per share payable September 29, 2020 to stockholders of record as of the close of business on September 15, 2020.
Jul 29, 2020 07:30 am ET
T. Rowe Price Group Reports Second Quarter 2020 Results
BALTIMORE, July 29, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2020. The earnings release can be found on the firm's website at troweprice.com/media.

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