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5.0
T. Rowe Price Group Inc. operates in the financial sector, within the investment services industry, specializing in asset management and financial advisory solutions.
Founded in the United States by Thomas Rowe Price Jr., the company was created with the objective of implementing a disciplined, long-term, growth-oriented investment approach during a period of economic recovery following the Great Depression.
The company’s portfolio includes mutual funds, retirement solutions, personalized investment advisory services, managed portfolios, and asset allocation strategies. Its services are designed for both individual and institutional investors, including corporations, government entities, and pension plans.
T. Rowe Price maintains a global presence with operations across the United States, Europe, Asia, and Latin America, allowing it to serve millions of clients worldwide. This international presence is supported by proprietary macroeconomic research, quantitative models, and specialized asset management teams.
The company competes in a highly regulated and competitive environment, facing global firms such as BlackRock, Vanguard, Fidelity, and Goldman Sachs Asset Management.
Key market factors include interest rate cycles, macroeconomic conditions, demand for retirement funds, financial regulation, and the digital transformation of the asset-management industry.
Its operational structure is composed of approximately 7,600 employees distributed across regional offices and specialized units focused on financial analysis, portfolio management, risk assessment, compliance, and technology.
The company follows a decentralized model, with autonomous teams managing different asset classes and geographical markets.
T. Rowe Price Group Inc.’s shares are traded on the Nasdaq under the ticker TROW.
History and When T. Rowe Price Group Inc. Was Founded
T. Rowe Price Group Inc. was founded in 1937 in Baltimore, Maryland, by Thomas Rowe Price Jr., with the aim of establishing an innovative investment-management model centered on disciplined, long-term, and growth-oriented strategies.
During its early years, the company operated in a challenging economic environment but gained recognition by offering differentiated services grounded in detailed analysis and active asset management.
Over the following decades, the firm expanded its operations by creating new mutual funds, broadening its product offering, and diversifying its advisory services. The company’s philosophy attracted investors seeking stability and consistent returns, driving its domestic growth and eventual international expansion.
In 1986, the company conducted its initial public offering (IPO), a decisive milestone that enabled greater investment in technology, improved corporate governance, and accelerated strategic acquisitions.
Throughout the 1990s and 2000s, T. Rowe Price strengthened its global footprint, opening offices in Europe and Asia, and enhancing its digital platforms and quantitative analysis capabilities.
Its international expansion included adapting investment strategies to the regulatory and economic characteristics of each region, consolidating its status as a global asset manager.
From 2020 to 2024, the company continued to diversify its operations, expand into emerging markets, reinforce ESG practices, and increase investment in technological innovation focused on automation, data analytics, and digital solutions for investors.
Additional Information
The Company T. Rowe Price Group Inc. (United States), is listed on Nasdaq with a market cap of $ 22.42 Billions, having an equity of $ 11.97 Billions.
With a total of 7.678 employees, the company is listed in the sector of Financial and categorized in industry of Investment Services.
In the last 12 months the Company had a revenue of $ 7.21 Billions, which generated a profit in the amount of $ 2.08 Billions.
As for its main indicators, the Company has a P/E ratio of 10.77, a P/BV ratio of 1.87 and in the last 12 months the dividend yield of TROW was at 4.93%.
The Company is traded internationally through the ticker TROW.
