T. Rowe Price Associates, Inc.
Registered investment adviser · Baltimore, MD · CRD #105496
Form ADV data as of 2026-09-01Regulatory assets
$2.20 trillion
Total accounts
6,889
Employees
3,760
Disclosure events
0
Firm details
- Website: http://www.troweprice.com
- Telephone: 410-345-2000
- SEC file number: 801-856
- Most recent Form ADV filing: 2026-07-06
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $2.20 trillion |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $2.20 trillion |
| Discretionary accounts | 6,889 |
| Non-discretionary accounts | 0 |
| Total accounts | 6,889 |
| Regulatory assets under management attributable to non-U.S. persons | $108.25 billion |
People
| Total employees (excluding clerical) | 3,760 |
| Employees performing investment advisory functions (including research) | 545 |
| Employees who are registered representatives of a broker-dealer | 253 |
| Employees registered as investment adviser representatives with a state | 39 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $182.68 billion |
| Clients for whom the firm has custody | 2,296 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $482.46 billion |
| Clients for whom a related person has custody | 1,408 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 36 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
- Receives soft dollar benefits
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 181 | $0 |
| High net worth individuals | 680 | $5.14 billion |
| Banking or thrift institutions | Not reported | $348.6 million |
| Investment companies | 355 | $1.18 trillion |
| Pooled investment vehicles (other than investment companies and BDCs) | 379 | $797.53 billion |
| Pension and profit sharing plans (not the participants or government plans) | 214 | $68.53 billion |
| Charitable organizations | 76 | $1.85 billion |
| State or municipal government entities (including government pension plans) | 92 | $53.87 billion |
| Other investment advisers | Not reported | $95.7 million |
| Insurance companies | 56 | $30.47 billion |
| Sovereign wealth funds and foreign official institutions | 12 | $26.21 billion |
| Corporations or other businesses not listed above | 88 | $13.59 billion |
| Other | 4,754 | $16.23 billion |