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The History of T. Rowe Price

Watch: From Quiet Beginnings to a Global Presence

Since 1937, T. Rowe Price has been driven to deliver investment management products and services that investors can rely on now and over the long term.

A Legacy of Strategic Investing

T. Rowe Price has been a client-centered firm with a long-term approach since our founding.

Thomas Rowe Price, Jr., sets out to create an organization “with a reputation for the highest character and the soundest investment philosophy.”

Launches its first mutual fund, records its first full profitable year, and prepares to start serving institutional clients.

Launches its second mutual fund and expands the growing firm to more than 100 associates.

Establishes a Fixed Income division and begins launching a host of new fund strategies.

Introduces innovative company-sponsored defined contribution plans, leading the industry.

Begins a joint venture with UK partner Robert Fleming, who managed many new international strategies.

Grows to 17 funds, holds its initial public offering, and begins trading on the Nasdaq as TROW.

Launches Retirement Plan Services (RPS), a full-service retirement plan recordkeeper.

Joins the S&P Stock Index and acquires full ownership of Rowe Price-Fleming International.

Introduces ETFs that employ the firm's successful actively managed investment approach.

Establishes T. Rowe Price Investment Management, Inc., and total assets under management surpass $1 trillion.

Breaks ground for new global headquarters at Harbor Point and acquires Oak Hill Advisors.

A remarkable history

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Diversity, Equity, and Inclusion

Our company culture is based on listening, respect for diverse viewpoints, and inclusive decision-making.

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Strategic Investing Approach

Our time-tested approach to active management is driven by rigorous research and deep expertise.

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