T Rowe Price
“What is good for the client is also good for the firm.”
The statement sounds so easy and straightforward and yet it holds the key to the foundation of one of the world’s stock brokerage firms. Thomas Rowe Price, Jr. lived up to this maxim when he established his own firm aptly known as the T. Rowe Price.
Charging commission was the norm in the securities industry. It was not that Price was a leftist, he simply thought that there may be another way to prosper in this kind of business. So instead of doing what was regularly practiced by other brokerage firms, he opted to charge his clients according to the assets to be managed.
One of Price’s principles is that an investor can gain considerable returns through investing in companies, engaged in fertile fields, that are not necessarily large in size but the management are reputable and have great potential in financial growth in terms of earnings and dividends. This kind of investment is now recognized as the growth stock style of investment.
Growth stock investing is adopted by the firm among other investment styles. Most of which are are centralized in value, stock, sector, and quantitative index and are applied in handling mutual funds and institutional dissertations.
More or less, T. Rowe Price is an investment management firm famous for its research services and expert advice that provide their clients the information vital in making financial decisions that could very well be the start of a successful venture.
Accessibility
Apart from the main office of T. Rowe Price which is located in Baltimore, Maryland, the firm also has a Financial Corporate Campus standing in Owings Mills, Maryland as well as operating centers in Colorado Springs, Colorado and in Tampa, Florida. T. Rowe Price has investor centers in some key locations in United States such as Oak Brook, Illinois, Short Hills, New Jersey, Tysons, Corner, Virginia, Walnut Creek, California, Washington DC, Wellesley, Massachusetts, and Woodland California.
In addition, T. Rowe Price has the facility to cater investors around the globe through T. Rowe Price International. The firm built offices in a number of locations which are recognized as some of the world’s major cities when it comes to the securities industry. These cities are Amsterdam, Buenos Aires, Copenhagen, Hong Kong, London, Luxembourg, Paris, Singapore, Stockholm, Sydney, Tokyo and Toronto.
Since it reached the international level, T. Rowe Price has more than 4,000 employees worldwide as of present. These associates are more than willing to meet the demands of investors from different parts of the world. They can be contacted through the firm’s official website: http://www.troweprice.com/.
Services
Every individual or corporation has a reason for investing whether it is a stepping stone in acquiring another company or in raising capital. The T. Rowe Price knows that what works for an individual may not work for a corporation and vice-versa. That is why its services are specialized to cater what their clients need.
Though it is recognized as a provider of investment guidance, T. Rowe Price is not limited to that alone. It also offers separate account management for individual and organizational investors, financial intermediaries, a wide scope of mutual funds, sub-advisory services, and retirement plans. In addition, T. Rowe Price boasts a number of highly-developed investment management, planning, and guidance tools.
Accomplishments
In December 31, 2007, the T. Rowe Price oversees assets of several world-recognized institutions, along with retirement plans, foundations, and benefaction amounting to $400 billion.
Source
http://www.troweprice.com/
