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T. Rowe Price Overview

T. Rowe Price Group, Inc. is an American publicly owned global asset management firm that offers funds, advisory services, account management, and retirement plans and services for individuals, institutions, and financial intermediaries.
The staff at T. Rowe Price come from unusually diverse demographic backgrounds. The company is 41.4% female and 47.1% ethnic minorities. Despite its diversity in other areas, T. Rowe Price employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 69.6%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. T. Rowe Price has great employee retention with staff members usually staying with the company for 3.3 years. The average employee at T. Rowe Price makes $78,672 per year. In comparison, some of its highest paying competitors, like Fidelity Investments, GAMCO Investors, and Ing Security Life Of Denver, pay $86,379, $85,607, and $81,884, respectively.
A large finance company with 7,022 employees and an annual revenue of $4.2B, T. Rowe Price is headquartered in Baltimore, MD.

The Organization’s Mission

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

Industry

Asset Management

Revenue

$4.2B

Employees

7,022

Founded in

1937

Headquarters

Baltimore, MD

Website

www.troweprice.com

Organization Type

Public

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The Team At T. Rowe Price

Key People
  • William Stromberg (ceo)
  • Celine Dufetel (CFO)

The Culture At T. Rowe Price

Information provided by the company
We believe our associates are the key to this mission and we are always looking for talented individuals who share our commitment to our client's success. If you're looking for challenging work experiences and the ability to learn in a collaborative culture, we invite you to explore the opportunities available at T. Rowe Price.
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Year after year, T. Rowe Price is named among the "Best Places to Work" in the financial services industry and we're striving to create an innovative culture where our associates are empowered to have a direct impact on how we do business and achieve results. Our associates enjoy a benefits package that encourages a healthy balance between your work life and real life.
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Are you passionate about contributing to the growth of a business
Are you looking to be a part of an exciting, collaborative team working with exciting cutting edge technology!
If so, your talents are needed at T. Rowe Price!
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T. Rowe Price Rankings

T. Rowe Price is ranked #55 on the Best Finance Companies to Work For in America 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

How much does T. Rowe Price pay?
The national average salary for a T. Rowe Price employee in the United States is $78,672 per year. Employees in the top 10 percent can make over $138,000 per year, while employees at the bottom 10 percent earn less than $44,000 per year.
9.3
Salary Score
Average Employee Earnings

T. Rowe Price Salaries By Job Title

While the average employee salary at T. Rowe Price is $78,672, there is a big variation in pay depending on the role. Some of the job titles with high salaries at T. Rowe Price are investment counselor, investment advisor, senior associate, and senior software engineer. A typical investment counselor salary at T. Rowe Price is $164,905. Some of the other roles at T. Rowe Price are administrative assistant and marketing internship. A worker with the title administrative assistant at T. Rowe Price earns an average salary of $31,452 per year.
Job Title
Title
ascdesc
Average Salarydesc
Investment Counselor
Salary Range133k - 203k$165k$164,905
Investment Advisor
Salary Range130k - 208k$165k$164,827
Senior Associate
Salary Range95k - 157k$123k$122,551
Senior Software Engineer
Salary Range105k - 133k$119k$118,740
Application Software Developer
Salary Range100k - 130k$114k$114,324
Systems Consultant
Salary Range97k - 124k$110k$110,170
Project Manager
Salary Range92k - 123k$107k$106,634
Retail Account Manager
Salary Range90k - 117k$103k$103,016
Systems Administrator
Salary Range90k - 115k$103k$102,553
Database Administrator
Salary Range81k - 108k$94k$94,187
$59k
$208k

T. Rowe Price Careers

On average, employees at T. Rowe Price stay with the company for 3.3 years. Employees most commonly join T. Rowe Price after leaving Bank of America. When they leave T. Rowe Price, they most frequently get their next job at Morgan Stanley.

Average Length of Employment

T. Rowe Price
3.3 years

Top Employers Before T. Rowe Price

Top Employers After T. Rowe Price

T. Rowe Price Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

T. Rowe Price Employees Education

Of the 7,022 employees at T. Rowe Price, 17.5% attended Towson University. Employees at T. Rowe Price most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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T. Rowe Price Employee Political Affiliation

T. Rowe Price employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a T. Rowe Price employee was by Edward Bernard. Edward Bernard donated $92,000 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
George RocheFinance Advisor
George Roche
Finance Advisor
Finance Advisor
Republican Party
Republican Party
$98,900Republican Party
$98,900
Edward BernardVice Chairperson
Edward Bernard
Vice Chairperson
Vice Chairperson
Democratic Party
Democratic Party
$92,000Democratic Party
$92,000
Brian RogersChairperson
Brian Rogers
Chairperson
Chairperson
Republican Party
Republican Party
$53,550Republican Party
$53,550
Henry EllenbogenPortfolio Manager
Henry Ellenbogen
Portfolio Manager
Portfolio Manager
Democratic Party
Democratic Party
$48,800Democratic Party
$48,800
Edward WiesePortfolio Manager
Edward Wiese
Portfolio Manager
Portfolio Manager
Democratic Party
Democratic Party
$9,800Democratic Party
$9,800
Barbara WakemanPortfolio Manager
Barbara Wakeman
Portfolio Manager
Portfolio Manager
Republican Party
Republican Party
$8,100Republican Party
$8,100
Jacqueline HrabowskiVice President
Jacqueline Hrabowski
Vice President
Vice President
Democratic Party
Democratic Party
$7,000Democratic Party
$7,000
Jill WhartonClient Services Administrator
Jill Wharton
Client Services Administrator
Client Services Administrator
Democratic Party
Democratic Party
$5,600Democratic Party
$5,600
John WakemanPortfolio Management
John Wakeman
Portfolio Management
Portfolio Management
Republican Party
Republican Party
$5,600Republican Party
$5,600
Mark RuheFinacial Services
Mark Ruhe
Finacial Services
Finacial Services
Democratic Party
Democratic Party
$4,046Democratic Party
$4,046
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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.

Revenue

> $1B

Founded in

1937

Organization type

Public

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T. Rowe Price Competitors

Based on our research, similar companies to T. Rowe Price are Fidelity Investments, GAMCO Investors, and Ing Security Life Of Denver. The average salaries at Fidelity Investments rank the highest, with their employees earning an average salary of $86,379 per year. The salaries at GAMCO Investors average $85,607 per year, and the salaries at Ing Security Life Of Denver come in at $81,884 per year.
Companydesc
Average Salarydesc
Fidelity Investments
Salary Range66k - 111k$86k$86,379
GAMCO Investors
Salary Range63k - 114k$86k$85,607
Ing Security Life Of Denver
Salary Range62k - 106k$82k$81,884
Capital Group Companies
Salary Range62k - 101k$79k$79,474
LPL Financial
Salary Range59k - 105k$79k$79,360
ING FINANCIAL PARTNERS
Salary Range55k - 110k$78k$78,006

MFS Investment Management

Salary Range58k - 102k$78k$77,823
American Century Companies Inc
Salary Range54k - 103k$75k$75,199
The Boston Company Asset Management ...
Salary Range55k - 97k$73k$73,393
The Vanguard Group
Salary Range53k - 94k$71k$71,283
$32k
$114k

Frequently Asked Questions about T. Rowe Price

When was T. Rowe Price founded?

T. Rowe Price was founded in 1937.

How many Employees does T. Rowe Price have?

T. Rowe Price has 7,022 employees.

How much money does T. Rowe Price make?

T. Rowe Price generates $4.2B in revenue.

What industry is T. Rowe Price in?

T. Rowe Price is in the asset management industry.

What is T. Rowe Price's mission?

T. Rowe Price's mission statement is "Help clients around the world achieve their long-term investment goals."

What type of company is T. Rowe Price?

T. Rowe Price is a public company.

Who are T. Rowe Price's competitors?

T. Rowe Price competitors include MFS Investment Management, Fidelity Investments, Capital Group Companies, GAMCO Investors, The Vanguard Group, Mercer, LPL Financial, ING FINANCIAL PARTNERS, New York Community Bank, American Century Companies Inc, Global Financial Aid Services, Cadaret, Grant & Co, Protective Life, Ing Security Life Of Denver, Financial Partners Credit Union, The Boston Company Asset Management ..., PHH, First Internet Bank, AIG SUN AMERICA VA, US Alliance.

Who works at T. Rowe Price?

William Stromberg (ceo)

Celine Dufetel (CFO)

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Updated December 31, 2020

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. 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. 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 and T. Rowe Price Group, Inc.