{"url":"https://nivawealth.com/firms/t-rowe-price-associates-105496","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105496","regulatoryAum":2196452587469,"crd":"105496","secFileNumber":"801-856","legalName":"T. Rowe Price Associates, Inc.","displayName":"T. Rowe Price Associates","website":"http://www.troweprice.com","founded":null,"organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"1307 Point Street","city":"Baltimore","state":"MD","stateName":"Maryland","country":"United States","postalCode":"21231"},"tradeNames":[],"registration":{"secApproved":"29 March 1947","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":3760,"advisory":545,"brokerDealerReps":253,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":2196452587469,"discretionaryAccounts":6889,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":2334375900,"nonUsClientsPct":4,"nonAumClients":83},"clientTypes":[{"label":"Individuals (other than HNW)","clients":181,"regulatoryAum":0},{"label":"High-net-worth individuals","clients":680,"regulatoryAum":5138428857},{"label":"Banking or thrift institutions","clients":null,"regulatoryAum":348554965},{"label":"Investment companies","clients":355,"regulatoryAum":1182598559774},{"label":"Pooled investment vehicles","clients":379,"regulatoryAum":797526867381},{"label":"Pension and profit-sharing plans","clients":214,"regulatoryAum":68533088297},{"label":"Charitable organizations","clients":76,"regulatoryAum":1849051320},{"label":"State or municipal government entities","clients":92,"regulatoryAum":53871472084},{"label":"Other investment advisers","clients":null,"regulatoryAum":95736574},{"label":"Insurance companies","clients":56,"regulatoryAum":30472048038},{"label":"Sovereign wealth funds and foreign official institutions","clients":12,"regulatoryAum":26205484195},{"label":"Corporations and other businesses","clients":88,"regulatoryAum":13585415644},{"label":"Other","clients":4754,"regulatoryAum":16227880340}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":29901207814},{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":36677008248},{"name":"State Street Bank & Trust Company","shortName":"State Street Bank & Trust","location":"Boston, MA","smaAssets":91021913860}],"custodyNote":"T. Rowe Price Associates has custody of $182.68B for 2,296 clients.","otherCustodians":[],"leadership":[{"name":"Robert Sharps","title":"President/Director","crd":"7027404"},{"name":"Savonne Ferguson","title":"Chief Compliance Officer","crd":"3109536"},{"name":"Jennifer Dardis","title":"Director","crd":"4251907"},{"name":"David Oestreicher","title":"Chief Legal Officer/Director","crd":"4594569"},{"name":"Eric Veiel","title":"Director","crd":"3269676"}],"ownership":[{"label":"T. Rowe Price Group, Inc.","detail":"Direct owner in the 75% or more ownership band and a control person, since December 2000."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":5,"privateResidences":0},"listedOfficeAddresses":6,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"T. Rowe Price Associates, Inc.","city":"San Francisco"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"T. Rowe Price Associates, Inc.","city":"Colorado Springs"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"T. Rowe Price Associates, Inc.","city":"Washington"}]},{"state":"Maryland","offices":2,"addresses":[{"street":"1307 Point Street","city":"Baltimore","headquarters":true},{"street":"T. Rowe Price Associates, Inc.","city":"Owings Mills"}]},{"state":"New York","offices":1,"addresses":[{"street":"T. Rowe Price Associates, Inc.","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-345-2000","stateRegisteredReps":39,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":54},{"label":"U.S. government/agency bonds","percent":6},{"label":"U.S. state and local bonds","percent":1},{"label":"Sovereign bonds","percent":2},{"label":"Investment grade corporate bonds","percent":9},{"label":"Non-investment grade corporate bonds","percent":10},{"label":"Derivatives","percent":7},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Cash and cash equivalents","percent":6},{"label":"Other","percent":4,"detail":"Securities That Could Not Be Captured in the Designated Asset Types Based on Our System Configuration"}],"privateFunds":7},"sources":{"adv1FilingDate":"6 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105496/PDF/105496.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does T. Rowe Price Associates have?","answer":"T. Rowe Price Associates has 6,887 clients and manages $2196.5 billion for them, as of July 2026. They include 4,754 other clients, 680 high-net-worth individuals and 379 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does T. Rowe Price Associates offer?","answer":"T. Rowe Price Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does T. Rowe Price Associates use?","answer":"T. Rowe Price Associates’ separately managed account assets are held at State Street Bank & Trust Company (Boston, MA), with $91,021,913,860, Northern Trust Corporation (Chicago, IL), with $36,677,008,248 and The Bank of New York Mellon Corporation (New York, NY), with $29,901,207,814. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does T. Rowe Price Associates have?","answer":"T. Rowe Price Associates has 39 investment adviser representatives registered with state securities authorities, out of 3,760 employees, and 545 perform investment advisory functions. 253 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does T. Rowe Price Associates invest in?","answer":"At the end of its last fiscal year, T. Rowe Price Associates’ separately managed accounts held 54% exchange-traded equities, 10% high-yield corporate bonds, 9% investment grade corporate bonds, 7% derivatives, 6% U.S. government and agency bonds, 6% cash and equivalents, 4% securities that could not be captured in the designated asset types based on our system configuration, 2% sovereign bonds, 1% state and local bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises 7 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns T. Rowe Price Associates?","answer":"T. Rowe Price Associates’ direct owner is T. Rowe Price Group, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does T. Rowe Price Associates get paid?","answer":"T. Rowe Price Associates is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}