T. Rowe Price is a finance company focusing on investment management, financial planning, and retirement services. Founded in 1937 by Thomas Rowe Price Jr., the company has since grown to manage over $453 billion in assets by serving individuals, financial intermediaries, and institutions. With a diverse range of investment strategies, T. Rowe Price offers expertise in debt, equities, and private equities, as well as having a venture arm dedicated to investing in technology startups.
Headquartered in Baltimore, Maryland, T. Rowe Price employs 7,678 professionals and generates annual revenue of $6.5 billion. The company, under the direction of CEO William Joseph Stromberg, is known for its diverse workforce, comprised of 43.9% female employees and 47.1% ethnic minorities. While political diversity is limited, with a majority of employees being members of the Democratic Party, T. Rowe Price maintains high employee retention and satisfaction levels. The average employee at the company earns a salary of $66,691 per year.