REPRINTED WITH PERMISSION
MANAGERS WITH 1,000+ EMPLOYEES
SIXTH PLACE
T. Rowe Price
Headquarters: Baltimore
AUM: $1.62 trillion as of June 30
Employees: 6,702
In their own words:
“T. Rowe Price has a unique culture. With a focus on collaboration and inclusion, its employees feel appreciated and respected. This was most recently demonstrated by the firm’s handling of the pandemic. In a survey of its workforce in April, 89% of employees were satisfied with the way T. Rowe Price has responded to their needs, and 82% felt that T. Rowe Price is taking a genuine interest in their well-being.’’
3 cool things:
• Provides an array of online employee resources for meditation, stress management, fitness and general wellness, while offering on-site massage therapy, yoga classes, fitness centers, walking trails, basketball courts and subsidized meals.
• Supports the team’s philanthropic interests with a corporate garden in which employees grow and donate about 500 pounds of produce each year to local non-profits; the firm also offers a matching program for the staff’s charitable donations and provides time off for employees’ volunteer work.
• Supports employee efforts toward racial equity through an employee-led advisory committee, in which 24 associates with diverse backgrounds advise on the allocation of a $2 million grant established by the firm; promotes inclusion through programs that mentor and encourage diverse candidates from high schools, colleges and graduate schools to pursue careers in asset management; and partners with organizations that support underserved populations in the industry, including women, Black and Latino candidates.
Employees say:
• “I enjoy working in an environment with people I respect, where I can continue to learn, and where I’m treated fairly. The culture here is collaborative and encouraging.”
• “Culture is very important to T. Rowe Price. And that culture is based on collaboration and civility but also intellectual rigor. People feel valued but also pushed in the right way to do their best.”
• “Senior management avails themselves to all levels of employee down to intern, always willing to share their own story and offer their time toward employee development. As a woman in the industry, I go to work every day knowing that not only will I be heard and respected, but I will be given a high platform to succeed.”
IN THEIR CARE: T. Rowe Price employees in Colorado Springs regularly volunteer their time to clean the Cottonwood Creek Trail, which the firm officially adopted in 2016.
Profiles written by Rick Baert, Erin Chan Ding, Suzanne Cosgrove, Julie Tatge and Trilbe Wynne.
EXPLANATORY NOTES—ARTICLE REPRINT
Pensions & Investments, “Best Places To Work In Money Management,” December 13, 2021
Reprinted from
Pensions & Investments
with permission. No reproduction or redistribution without prior authorization.
T. ROWE PRICE, INVEST WITH CONFIDENCE, and the bighorn sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc. ©2021 T. Rowe Price. All Rights Reserved.
T. Rowe Price assets under management at 9/30/21 were $1.61 trillion USD. Firmwide assets under management includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates.
The firm's total number of associates as of 9/30/21 was 7,124.
T. Rowe Price Associates, Inc.
CCON0101370 2022 12/21
202112-1946376
Reprinted with permission from Pensions & Investments. © 2021 Crain Communications Inc. All rights reserved. Further duplication without permission is prohibited. Click here to read more about Pensions & Investments 2021 Best Places to Work in Money Management. The content listed under “Learn More” is owned by T. Rowe Price and is not a product of Pensions & Investments’ editorial team.