BNET Industries

T Rowe Price Group Inc.

(TROW) is in the Financial Services Industry

Market Cap:$10.6B
Last Fiscal Year Sales:$2.1B
  • Public
  • US
Dow Jones Description

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc., is a global investment management organization with $349.9 billion in assets under management as of March 31, 2007. The organization provides a broad array of mutual funds, sub-advisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price?s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

President & Chief Executive Officer, International Investment Management BusinessChristopher Alderson
Number of Employees 5,385
Contact Information

100 E. Pratt Street

Baltimore, Maryland 21202

www.troweprice....

877-804-2315

NAICS Code Investment Advice: 523930

Recent Events

  • T. Rowe Price TROW Approves $0.25 Per Share Quarterly Dividend

    6/04/09 - Stock Split / Dividend - View Story

  • Deutsche Bank Initiates Coverage on T. Rowe Price TROW with a Hold; A Premier Franchise...

    6/04/09 - Bond / Stock Rating - View Story

  • T. Rowe Price Launches The Great Piggy Bank AdventureSM at EpcotR and Online...

    5/19/09 - Joint Venture / Alliance - View Story

  • Funds, Fund Firms Still Get Little Love

    5/15/09 - Bond / Stock Rating - View Story

  • Goldman Sachs Upgrades T. Rowe Price TROW to Neutral

    5/12/09 - Bond / Stock Rating - View Story

  • Pali Research Starts T. Rowe Price TROW at Sell

    5/08/09 - Bond / Stock Rating - View Story

  • Jobless rate is up, but just a bit

    4/24/09 - Financial Announcement - View Story

  • T. Rowe Price International names fund manager Alderson CEO

    4/14/09 - Mgmt. Change Entering - President - View Story

  • T. Rowe Price names Alderson head of its international business

    4/14/09 - Mgmt. Change Entering - Manager - View Story

  • Picking up the pieces

    4/13/09 - Product Announcement - View Story

  • T Rowe Price Group "equal weight," target price reduced

    4/10/09 - Bond / Stock Rating - View Story

  • Sector Snap: Asset managers fall 6 mins ago

    4/07/09 - Bond / Stock Rating - View Story

  • Big Issues for Money Funds

    3/02/09 - Merger / Acquisition - View Story

  • T. Rowe Boss Gets Salary Cut

    2/26/09 - Financial Announcement - View Story

News & Analysis

Filter by

t rowe price group inc. - All News and Analysis

Additional Resources

  • The Daily Record Business News Briefs: June 16, 2009

    - 2009-06-16

    Down and dirty Stevenson University's neighbor in Owings Mills, investment manager T. Rowe Price Group, is about to dump 25,000 cubic yards of dirt on the university -- and the school couldn't be happier. Stevenson, which is expanding its campus, is preparing sites for a new parking...

  • Critical Alerts for CSCO, DO, TROW, MCHP, and AMT Released By Seven Summits Research

    - 2009-06-10

    CHICAGO, June 10 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/061009A (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the...

  • T. Rowe Price Group Declares Quarterly Dividend

    - 2009-06-04

    BALTIMORE, June 4 /PRNewswire-FirstCall/ -- T. Rowe Price Group, Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.25 per share payable June 29, 2009 to stockholders of record as of the close of business on June 15, 2009. Founded in...

  • TheFortuneFinancial.com Initializes Free Analyst Research on SONS, THQI, TROW and WERN

    - 2009-06-02

    TheFortuneFinancial.com provides thehighest level of independent research and investment strategies with thesole purpose of consistently identifying stocks that provide the biggestreturn on investment for our subscribers. Investors seeking free andunbiased analyst opinions on the companies mentioned in this release areencouraged to register at http://www.thefortunefinancial.com/index.php?id=78 for a free subscriptionto...

  • Genworth Financial Announces Results of Annual Meeting

    - 2009-05-13

    RICHMOND, Va., May 13 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. announced the re-election of all nine directors at its 2009 annual meeting of stockholders today, including Michael D. Fraizer, chairman and chief executive officer. Board members re-elected, in addition to Fraizer, included Frank J. Borelli, former Chief...

Decision Makers

Name (plus bio) Position
Christopher Alderson President & Chief Executive Officer, International Investment Management Business
James A.C. Kennedy CEO
Edward C. Bernard President
Brian C. Rogers Chief Investment Officer
Kenneth V. Moreland Cfo
Charles E. Vieth Vice President
Henry H. Hopkins Vice President
Micheael A. Goff Vice President
Philip Garcia Vice President, Client Servicing Team
Gonzalo Pangaro Fund Manager
Kamran Baig Head, Equity Research, US
Edward J. Mathias Director

Board of Directors

Name (plus bio) Position
M. David Testa Co-Vice Chairman & Vice President
Alfred Sommer Board Director
Anne Marie Whittemore Board Director
D. William J. Garrett Board of Directors
Donald Hebb Board Director
Dwight S. Taylor Board Director
George A. Roche Board of Directors
J. Alfred Broaddus Jr. Board Director
James Riepe Vice Chairman
James T Brady Board Director
Organization Position Status
T. Rowe Price Group, Inc. President & Chief Executive Officer, International Investment Management Business Current
T. Rowe Price Group, Inc. Fund Manager Former

ames A.C. Kennedy has been a director of Price Group since 1996, the chief executive officer and president since 2007, the director of the equity division of Price Associates from 1997 through 2006, the director of equity research from 1987 through 1999, a vice president since 1981, and an employee since 1978. He is chairman of the Executive Committee. Mr. Kennedy served as a director or trustee of 23 of the Price fund companies until April 2006. Mr. Kennedy earned an A.B. from Princeton University and an M.B.A. from Stanford University, Graduate School of Business. He has also earned the Chartered Financial Analyst accreditation.

Organization Position Status
T. Rowe Price Group, Inc. CEO Current
T. Rowe Price Group, Inc. Board Director Current
T. Rowe Price Group, Inc. President Former
T. Rowe Price Group, Inc. Vice President Former
Organization Position Status
T. Rowe Price Group, Inc. President Current
T. Rowe Price Group, Inc. Vice Chairman Current
T. Rowe Price Group, Inc. Vice President Former
T. Rowe Price Group, Inc. Board Director Former

Brian C. Rogers has been a director of Price Group since 1997, the chairman of the board since 2007, the chief investment officer since 2004, a vice president since 1985, and an employee since 1982. He is a member of the Executive Committee. Mr. Rogers serves as a director or trustee of 26 Price fund companies and is the president of three Price fund companies. He earned an A.B. from Harvard University and an M.B.A. from Harvard Business School.

Organization Position Status
T. Rowe Price Group, Inc. Chief Investment Officer Current
T. Rowe Price Group, Inc. Board Chairman Current
T. Rowe Price Group, Inc. Vice President Former
T. Rowe Price Group, Inc. Portfolio Manager Former
T. Rowe Price Group, Inc. Board Director Former
Organization Position Status
T. Rowe Price Group, Inc. Cfo Current
T. Rowe Price Group, Inc. Board of Directors Current
RTKL Associates Inc. Cfo Former
RTKL Associates Inc. Senior Vice President Former
T. Rowe Price Group, Inc. Vice President Former
RTKL Associates Inc. Treasurer Former
Organization Position Status
T. Rowe Price Group, Inc. Vice President Current
Organization Position Status
T. Rowe Price Group, Inc. Vice President Current
Organization Position Status
T. Rowe Price Group, Inc. Co-Vice Chairman & Vice President Current
Organization Position Status
T. Rowe Price Group, Inc. Vice President Current
Organization Position Status
T. Rowe Price Group, Inc. Vice President, Client Servicing Team Current

Pangaro is chairman of the Investment Advisory Committee and portfolio manager for the Global Emerging Markets Equity Strategy. He assumed portfolio management responsibilities in 2004. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International, Inc. and a member of the International Equity Steering Committee. Mr. Pangaro has 17 years of investment experience, 13 of which have been with T. Rowe Price.

Organization Position Status
T. Rowe Price International, Inc. Vice President Current
Morningstar, Inc. Manager Current
T. Rowe Price Group, Inc. Fund Manager Current
Organization Position Status
T. Rowe Price Group, Inc. Head, Equity Research, US Current
Organization Position Status
Johns Hopkins Bloomberg School of Public Health Dean Current
Becton, Dickinson & Company Board of Directors Current
T. Rowe Price Group, Inc. Board Director Current
Academy For Educational Development Board of Directors Current
Paho Board of Directors Current
Harvard Medical School M.D. Former
Organization Position Status
McGuireWoods LLP Partner Current
Owens & Minor Inc. Partner, Mcguirewoods Llp Current
Owens & Minor Inc. Board of Directors Current
T. Rowe Price Group, Inc. Board Director Current
McGuireWoods LLP Member, Executive Committee Current
Owens & Minor Inc. Governance & Nominating Committee Member Current
Owens & Minor Inc. Compensation & Benefits Committee Chairman Former
Organization Position Status
EFG-Hermes Holding Company Board of Directors Current
T. Rowe Price Group, Inc. Board of Directors Current
T. Rowe Price Group, Inc. Director Former
Organization Position Status
Abs Capital Partners Co-founder Current
Abs Capital Partners Chairman & Founding Partner Current
Kenyon College Trustee Current
Payformance Corporation board member Current
T. Rowe Price Group, Inc. Board Director Current
SBA Communications Corporation Director Current
Johns Hopkins Bloomberg School of Public Health member of the Health Advisory Board Current
Alex. Brown & Sons Incorporated CEO Former
Alex. Brown & Sons Incorporated President Former
Harvard Business School NA Former
Kenyon College NA Former
Harvard Law School NA Former

Dwight S. Taylor has been an independent director of Price Group since 2004, and is a member of the Audit and Executive Compensation Committees. Since 1999, he has been the president of COPT Development & Construction Services, LLC, a commercial real estate developer which is a subsidiary of Corporate Office Properties Trust. Mr. Taylor is also a director of MICROS Systems, Inc., a provider of information technology for the hospitality and retail industry.

Organization Position Status
T. Rowe Price Group, Inc. Board Director Current
MICROS Systems, Inc. Board of Directors Current
Lincoln University Board of Directors Current
Maryland Chapter President Former
Lincoln University Bachelor of Arts Degree In Economics Former
Organization Position Status
The Carlyle Group Inc. managing director Current
The Carlyle Group Inc. Partner Current
Camden Partners Holdings, LLC Special Limited Partner Current
University of Pennsylvania Trustee Current
Maveron LLC Senior Advisor Current
Carlyle Holding Corporation Current
Cahill Warnock & Company Current
NexCen Brands, Inc. Chairman Current
NexCen Brands, Inc. Board of Directors Current
T. Rowe Price Group, Inc. Director Current
Aether Systems, Inc. Board of Directors Current
Valhalla Partners Board of Directors Current
SOUND60 Director Current
Milestone Merchant Partners, LLC Board Member Current
T. Rowe Price Group, Inc. Managing Director Former
Harvard Business School Trustee Former
University of Pennsylvania Trustee Former
The Carlyle Group Inc. Director Former
Harvard Business School M.B.A Former
Harvard Business School MBA Former
Harvard University M.B.A. Former
University of Pennsylvania Undergraduate Degree Former
Organization Position Status
T. Rowe Price Group, Inc. Board of Directors Current
T. Rowe Price Group, Inc. Chairman, President & CEO Former
T. Rowe Price Group, Inc. President Former

J. Alfred Broaddus, Jr. has been an independent director of Price Group since 2004, and is a member of the Audit and Executive Compensation Committees. He is the immediate past president of the Federal Reserve Bank of Richmond from which he retired in August 2004. Mr. Broaddus also is a director of Albemarle Corporation, a manufacturer of specialty chemicals; Markel Corporation, a specialty insurer; and Owens & Minor, Inc., a distributor of medical and surgical supplies.

Organization Position Status
T. Rowe Price Group, Inc. Board Director Current
Markel Corporation Board of Directors Current
Federal Reserve Bank of Richmond President Former
Organization Position Status
T. Rowe Price Group, Inc. Vice Chairman Current

James T. Brady , age 68, a director since May 1999, has been the Managing Director—Mid-Atlantic of Ballantrae International, Ltd. (a management consulting firm) since January 2000, and is the former secretary of the Maryland Department of Business & Economic Development, where he served from 1995 to 1998. He was also a managing partner of Arthur Andersen LLP from 1985 to 1995. Mr. Brady is a director of McCormick & Company, Inc., T. Rowe Price Group, Inc. and NexCen Brands, Inc. Mr. Brady was a director of Constellation Enterprises, Inc. from March 1998 to May 1999.

Organization Position Status
NexCen Brands, Inc. Chairman Current
SOUND60 Director Current
Constellation Energy Group, Inc. Director Current
T. Rowe Price Group, Inc. Board Director Current
Federal Reserve Bank of Richmond Director Current
Constellation Power, Inc. Managing Director Former
NexCen Brands, Inc. Board of Directors Former
Iona College B.A. Former

Executive News

  • Sarasota County tower company lands $45M in funding

    Southwest Florida Herald Tribune - 6/16/09 - View Story

  • Finally, something good about E. coli

    Philadelphia Inquirer - 5/28/09 - View Story

  • Scientist makes Vitamin A from it.

    Philadelphia Inquirer - 5/28/09 - View Story

advertisement
     TROW $39.50 -1.81 (-4.38% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 3,915,330
Shares Outstanding 255.48M
Market Cap 10.1B
Year High 70.2
Year Low 20.09
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement