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T. Rowe Price Group Reports 2024 Financial Results

On February 5, 2025, T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) unveiled its financial performance report for the fourth quarter and the full year of 2024. This announcement brought forward a positive outlook, reflecting the company’s robust strategies and position in the global investment management arena.

Financial Highlights

The report highlighted some significant milestones achieved during the year. T. Rowe Price managed assets that reached an impressive total of $1.61 trillion as of December 31, 2024, marking an increase that reinforces its status as a leading asset management company. The earnings details are accessible via the firm’s official website, providing transparency for stakeholders and interested clients.

Leadership Insight

Rob Sharps, the Chair, CEO, and President of T. Rowe Price, together with CFO Jen Dardis, and Head of Global Investments Eric Veiel, will host a webcast from 8:00 AM to 8:45 AM (Eastern Time) to discuss the business performance in detail, covering the financial results and addressing inquiries from the audience. This interactive approach not only strengthens client relationships but also showcases the leadership’s commitment to open communication.

For those interested in participating, dial-in details can be found on the firm’s investor relations platform, making it easy for investors and analysts alike to engage directly with the company’s leadership. A replay of the webcast will also be made available for those unable to attend the live session, ensuring that detailed insights are accessible over time.

About T. Rowe Price

Established in 1937, T. Rowe Price has built a reputation on a foundation of integrity and outstanding investment management. The firm is recognized globally for its dedication to helping both individuals and institutions achieve their long-term investment objectives. By prioritizing client interests, T. Rowe Price has cultivated a culture that values trust and reliability in managing assets.

A significant portion of the managed assets—approximately two-thirds—are related to retirement, emphasizing the company’s focus on supporting long-term financial security for its clients. With a comprehensive suite of investment capabilities that includes equity, fixed income, alternatives, and multi-asset management, T. Rowe Price continues to lead in retirement expertise.

The firm leverages independent proprietary research as part of its investment strategy, which is instrumental in achieving optimal outcomes for its clients. T. Rowe Price positions itself not just as a service provider, but as a partner in its clients' financial journeys.

For ongoing updates, T. Rowe Price maintains an active presence across various social media platforms, including Facebook, Instagram, LinkedIn, and YouTube. Interested parties can also stay informed through their dedicated news page on the official website, ensuring that relevant and timely information is readily accessible.

As the investment landscape continues to evolve, T. Rowe Price remains committed to providing exceptional service and achieving sustainable growth in its operations and client engagements. By focusing on long-term goals, the company aims to maintain its leadership position and continue delivering valuable investment solutions to its clients in the years to come.