Press Releases

Press Releases
  Date Title and Summary View
Apr 3, 2017
BALTIMORE, April 3, 2017 /PRNewswire/ -- T. Rowe Price Group (NASDAQ-GS: TROW) announced today that for the first-time, retail investors and registered investment advisors (RIAs) are able to purchase Investor Class shares of its mutual funds through Charles Schwab & Co., Inc. (Schwab)'s Mutual Fund OneSource® service with no-transaction-fee (N...
Mar 23, 2017
BALTIMORE, March 23, 2017 /PRNewswire/ --  T. Rowe Price's 2017 Parents, Kids & Money Survey, which sampled 1,014 parents of 8 to 14 year olds nationally and their kids, analyzed parent attitudes and behaviors that were associated with kids' financial habits. The survey found that positive money behaviors and expectations among kids are often assoc...
Mar 16, 2017
BALTIMORE, March 16, 2017 /PRNewswire/ -- news Today, T. Rowe Price announced the launch of T. Rowe Price® ActivePlus Portfolios, a digital discretionary investment management and advisory solution designed for investors who want access to actively managed mutual funds and management of their portfolios to help them meet long-ter...
Mar 9, 2017
BALTIMORE, March 9, 2017 /PRNewswire/ -- NEWS Lee Stevens, a veteran of two decades in the retirement industry, will join T. Rowe Price on March 31 in the newly created position of Head of Mega & Large Market Retirement Sales.  In this role, Stevens will lead the firm's efforts to expand its business in this key segment of the U.S. re...
Feb 27, 2017
BALTIMORE, Feb. 27, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced that it had entered into an agreement to acquire the Henderson High Yield Opportunities Fund (Class I ticker: HYOIX, "the Henderson fund") from Henderson Global Investors (North America) Inc. The transaction will be concluded through the reorganizat...
Feb 22, 2017
BALTIMORE, Feb. 22, 2017 /PRNewswire/ -- A new T. Rowe Price study revealed that nearly half (47%) of baby boomers and Gen Xers believe their ideal retirement is very attainable and another 45% believe it is somewhat attainable. The study included a national sample of 2,001 individuals age 36 or older who are either retired or who have taken initia...
Feb 16, 2017
BALTIMORE, Feb. 16, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.57 per share payable March 30, 2017 to stockholders of record as of the close of business on March 16, 2017. The quarterly dividend rate represents a 5.6% increase over the previous...
Jan 27, 2017
BALTIMORE, Jan. 27, 2017 /PRNewswire/ -- On January 26, 2017, T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) issued an earnings release in which it was reported that the Company's target-date retirement portfolios were the source of $1.9 billion of the Company's net cash outflows for the fourth quarter of 2016 and net cash inflows of $6.3 billion for ...
Jan 26, 2017
BALTIMORE, Jan. 26, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its fourth quarter of 2016 results, including net revenues of $1.1 billion, net income of $379.8 million, and diluted earnings per common share of $1.50. The firm recognized in its fourth quarter of 2016 operating expenses an insurance recovery of $1...
Jan 4, 2017
BALTIMORE, Jan. 4, 2017 /PRNewswire/ -- NEWS T. Rowe Price Group (NASDAQ-GS: TROW) today announced that Kenneth V. Moreland, CPA, its chief financial officer (CFO), will retire in 2017 after 13 years at the firm and nearly 40 years of accounting, finance, and broad management experience. The firm will begin the search for a new CFO im...
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