T. Rowe Price is a financially solid, debt-free organization with strong employee ownership. The firm was:
Established in 1937 by Thomas Rowe Price, Jr.
Incorporated in the state of Maryland in 1947
Licensed to conduct business throughout the United States in 1947
In 1986, T. Rowe Price first issued shares to the public.
T. Rowe Price is focused on two core businesses – providing recordkeeping services to the plan sponsors and managing money for individuals and institutions.