T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews

Updated October 15, 2014
Updated October 15, 2014
276 Reviews
3.6
276 Reviews
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
191 Ratings

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 23 reviews)

  • Great benefits and comfortable work environment (in 37 reviews)


Cons
  • headset policy is cumbersome, even for a call center) (in 15 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

103 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great Company; collaborative working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Baltimore, MD
    Former Employee - Analyst in Baltimore, MD

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Collaborative working environment; family friendly, and very livable city to work at in Baltimore. Overall stability of the firm is a major plus, very little volatility, senior level transitions are handled in a thoughtful way, and are telegraphed.

    Cons

    Depending on the group, promotion potential can be limited. Some parts of the organization can be very flat, so unless your boss leaves, you could be stuck in the same place for 5-10 years.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great company, excellent benefits, good pay, but limited career advancement opportunities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Operations Associate in Tampa, FL
    Current Employee - Investment Operations Associate in Tampa, FL

    I have been working at T. Rowe Price full-time (more than 10 years)

    Pros

    Great conservative company; excellent upper management; generous benefits with 401(k) and good pay. If you are willing to relocate to Maryland, then plenty of advancement opportunities. If not, then very limited. Good corporate culture and just an overall good company to work for.

    Cons

    Willingness to expand jobs in a regional office. Mandatory overtime can be heavy in the "client-facing" departments during certain times of the year and can wear you out.

    Advice to ManagementAdvice

    Keep doing what they are doing from a firm presepective.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    T Rowe Price

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Baltimore, MD
    Current Employee - Administrative Assistant in Baltimore, MD

    I have been working at T. Rowe Price full-time (less than an year)

    Pros

    Voted "Most Admired Company" 3 years in a row. Also voted Best Place to Work.

    Cons

    As of yet, I have not identified a negative aspect of this company. I believe it is a great company focused on clients.

    Recommends
    Positive Outlook
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  5.  

    Personal Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Colorado Springs, CO
    Current Employee - Financial Advisor in Colorado Springs, CO

    I have been working at T. Rowe Price full-time (more than 3 years)

    Pros

    Good benefits and pleasent work atmosphere.

    Cons

    Lower pay (10% lower than other local firms).

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    I worked at T. Rowe Price

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price (more than 10 years)

    Pros

    Great Benefits. Good opportunities available.

    Cons

    Many managers not great at developing staff. Easy to get stagnant in a role. Difficult to move up.

    Advice to ManagementAdvice

    Better internal communications and development/growth plans for associates

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Conservative, healthy company with the need to promote leaders not project mgrs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Individual Contributor
    Current Employee - Associate, Individual Contributor

    I have been working at T. Rowe Price full-time (more than an year)

    Pros

    Executives and leadership crave innovative thinkers and are focused on the right directives ....serving clients while remaining operationally nimble and efficient.

    Cons

    Outside of call centers, mid level people-managers are long timers, promoted for successful project delivery. Unfortunately, they do not have the experience to lead organizational change, translating objectives into actionable goals for their teams. As a result, new ideas are discouraged and teams do not adapt. For associates that have held management roles outside of the company, it is disheartening and may be "years" before your voice is heard or you are promoted in order to make a difference.

    Advice to ManagementAdvice

    HR and high level executives: Look deep within your organizations and consider leaders based on current and past internal & external TRP experience rather than relationships and successful project delivery. Hold mid PLs and VPs accountable for aligning team charter with real tactical measures of success. Soft measures of being T Rowe Nice and "this is how we have always done it" is a corporate culture not a goal. Foster inclusion of new ideas at all levels, that align to the "goals", and through this you will unleash passionate innovative ideas that deliver results.

    Recommends
    Approves of CEO
  8.  

    Good opportunity for career advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price full-time

    Pros

    Great community of people and strong focus on the customer

    Cons

    Very conservative of decisions and changes often take a long time

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good Place to Work

    Current Employee - Anonymous Employee in Tampa, FL
    Current Employee - Anonymous Employee in Tampa, FL

    I have been working at T. Rowe Price full-time

    Pros

    - great benefits (401k, company stock)
    - great employees
    - trusted company

    Cons

    - healthcare costs have gone up
    - limited room for growth in Tampa office

  10.  

    Stability and Great Benefits

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at T. Rowe Price full-time

    Pros

    Stability, Good Benefits, AWA, Great Bonuses

    Cons

    Mild yearly increases, difficult to advance once you get to a certain point.

    Advice to ManagementAdvice

    Keep talent within the firm by hiring internally. This can be accomplished by mentoring programs to help employees begin preparing for the next steps. Much of Managements focus is on Delivery...somewhere along the way people management fell to the bottom of the priority list.

  11. 1 person found this helpful  

    Looks great on a resume if you can stand the political environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Desktop Support in Baltimore, MD
    Former Employee - Desktop Support in Baltimore, MD

    I worked at T. Rowe Price as an intern (more than an year)

    Pros

    Looks great on a resume. Benefits are amazing- matching 401k, adoption pays up to 80% of fees and tuition reimbursement. Great tool for networking.

    Cons

    Very political environment, hard to move up the ranks unless you network and even then it can be cumbersome. The hiring/on-boarding process can take weeks or months for a position approval.

    Advice to ManagementAdvice

    Management: Promote candidates that actually deserve the job and are qualified.
    More often than not it was about who you knew in the company rather than experience or job performance. Contracting for this company can be risky depending on the manager.

    Recommends
    Neutral Outlook
    Approves of CEO

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