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T. Rowe Price overview

Industry
Investment Management
Revenue
Headquarters
Employees
7,678
Founded in
Website
Organization type
Public
Social media

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.

T. Rowe Price's mission statement

To help clients around the world achieve their long-term investment goals.

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3.5/5

T. Rowe Price employee reviews

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T. Rowe Price employee reviews

T. Rowe Price employee reviews
3.5/5

Based on 2 ratings

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3.0
A zippia user wrote a review on Mar 2024
Pros of working at T. Rowe Price

I built a great network of people while working there during my 15 years.

Cons of working at T. Rowe Price

It has gotten bigger and management has really changed.

T. Rowe Price benefits

Employee stock purchasing plan

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4.0
A zippia user wrote a review on May 2021
Pros of working at T. Rowe Price

Retirement Plan, Employee Stock Purchase Plan, PTO amount.

T. Rowe Price benefits

Retirement/PTO.

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The team at T. Rowe Price

  • The founders of T. Rowe Price are Glenn Russell August and Thomas Price Jr..
  • The key people at T. Rowe Price are William Joseph Stromberg, Glenn Russell August and Thomas Price Jr..
Key people
William Joseph Stromberg
Glenn Russell August
Thomas Price Jr.

T. Rowe Price rankings

T. Rowe Price is ranked #14 on the Best companies to work for in Maryland list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

T. Rowe Price salaries

Average T. Rowe Price salary
$66,691
yearly
$32.06 hourly
Updated March 14, 2024

Rate T. Rowe Price's commitment to diversity and inclusion.

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T. Rowe Price diversity

9.8
Diversity score
We calculated T. Rowe Price’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of T. Rowe Price’s workforce.
T. Rowe Price diversity summary. Zippia estimates T. Rowe Price's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated T. Rowe Price's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of T. Rowe Price's workforce.
  • T. Rowe Price has 7,678 employees.
  • 44% of T. Rowe Price employees are women, while 56% are men.
  • The most common ethnicity at T. Rowe Price is White (53%).
  • 19% of T. Rowe Price employees are Black or African American.
  • 12% of T. Rowe Price employees are Hispanic or Latino.
  • The average employee at T. Rowe Price makes $66,691 per year.
  • T. Rowe Price employees are most likely to be members of the democratic party.
  • Employees at T. Rowe Price stay with the company for 5.1 years on average.

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T. Rowe Price office locations

T. Rowe Price is headquartered in Baltimore, MD

Biggest T. Rowe Price locations

T. Rowe Price financial performance

10.0
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

T. Rowe Price currently has 6.5B in revenue. T. Rowe Price's most recent quarter produced 1.7b (q3'2023).

T. Rowe Price annual revenue

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Highest paying T. Rowe Price competitors

Compare T. Rowe Price salaries to competitors, including Morgan Stanley, Icma-rc, and Putnam Investments. Employees at Morgan Stanley earn the highest average yearly salary of $103,933. The salaries at Icma-rc average $99,925 per year, and the salaries at Putnam Investments come in at $90,219 per year.
RankCompanyAverage salaryJobs
1$103,9330
2$99,9250
3$90,2190
4$87,3670
5$84,3870
6$83,6210
7$82,7380
8$80,5230
9$78,2470
10$76,9760

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Zippia gives an in-depth look into the details of T. Rowe Price, including salaries, political affiliations, employee data, and more, in order to inform job seekers about T. Rowe Price. The employee data is based on information from people who have self-reported their past or current employments at T. Rowe Price. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by T. Rowe Price. The data presented on this page does not represent the view of T. Rowe Price and its employees or that of Zippia.

T. Rowe Price may also be known as or be related to T Rowe Price Group, T. Rowe Price, T. Rowe Price Group Inc and T. Rowe Price Group, Inc.