Website: N/A
Stock Symbol: NASDAQ: TROW
Market Value: N/A (in millions)
T. Rowe Price Group is a financial services holding company that derives its
consolidated revenues and net income primarily from investment advisory services
that its subsidiaries provide to individual and institutional investors in the
sponsored T. Rowe Price mutual funds and other investment portfolios. Our
investment advisory revenues depend largely on the total value and composition
of assets under our management. Accordingly, fluctuations in financial markets
and in the composition of assets under management impact our revenues and
results of operations.
We operate our investment advisory business through our subsidiary companies,
primarily T. Rowe Price Associates, T. Rowe Price International, and T. Rowe
Price Global Investment Services. The late Thomas Rowe Price, Jr., began our
advisory business in 1937, and the common stock of T. Rowe Price Associates was
first offered to the public in 1986. The T.