T. Rowe Price (TROW)

• Market cap: $21.9B
• 1 day: 3.08%
• 5 days: -1.34%
• 1 month: -3.78%
• 3 months: -4.04%
• 6 months: 5.49%
• Year to date: -11.57%
• 1 year: -15.12%
• 5 years: -28.03%
• 10 years: 31.73%
• Sector: Financials
• Industry: Asset Management

About: T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of September, the firm had $1.767 trillion in managed assets, composed of equity (50%), balanced (35%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.

Employees: 7,830