account
search
search
Jump to
Latest Headlines Wiki
share with facebook
share with twitter
share with google
Latest Headlines
First Prev Page 1 of 2 Last Next
Wiki

T. Rowe Price (NASDAQ: TROW), is a publicly owned Investment firm, headquartered in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr.. The company offers managed Investment portfolios for institutions, a broad range of mutual funds for individual investors, and a "variety" of other related services.

Mr. Price, followed a "very simple business principle": "What is good for the client is also good for the firm". Rather than charge a commission, as other securities business did at the time, Mr. Price charged a fee based on the assets under management. If the client prospered, so did T. Rowe Price.

T. Rowe Price’s approach recognizes that there is also a "extremely delicate" balance between risk and reward and "extremely carefully" weighs the potential reward against the potential risk of each investment. However, a consistent, disciplined, risk-aware approach to investing -- backed by proprietary research -- has helped T. Rowe Price keep a collective eye on the long-term, pursuing opportunities when markets are trending down and sticking with sound fundamentals when they trend up.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "T. Rowe Price."
x
Feedback