The T. ROWE PRICE GROUP is a publicly held investment adviser that advises $2,956.35Bn in regulatory assets under management held in 5 SEC fund types across 14 investment strategies. T. ROWE PRICE GROUP is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 100.92% over the last 5-years.
The Group has been registered with the SEC for 78.9 years and is comprised of 12 filing and 2 relying advisers. They operate out of 20 office locations with their Headquarters at 1307 POINT STREET, BALTIMORE, MD. The Group has been subject to regulatory enforcement actions. They are regulated by 26 US and Non-US bodies.
They have 5,734 employees comprised of 1,147 investment and 4,587 non-investment staff. The total number of Employees increased by 23.23% over the last 5-years.
Their $2,956.35Bn in assets advised are owned by 499 private funds, 357 public funds and BDCs and 574 other accounts. Assets of Investment Companies (IC) clients own $2,061.14Bn or 69.72% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $692.91Bn or 23.44% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Multi Strat and FI/Credit - Diverse, representing 53.66%, 27.53% and 17.87% of total assets, respectively.
They advise 11 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 19 Fund Administrators, 3 Fund Auditors, 3 Prime Brokers, 17 Custodians and 14 Marketers. It does not report a third-party Fund Administrator in 192 private funds with $1,013.04Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
T. ROWE PRICE GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 323 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In T. ROWE PRICE GROUP's case, they have 34 business conditions that require high process maturity and 4 Watch Factors.