T. Rowe Price Reviews

Pros

Great entry level job. I got hired straight out of college for a $40k+ job that is great experience and a great resume builder.

Cons

Only downside that I have seen is that there is an abundance of young people which gives it the feel of a high school. In short it doesn't seem like many people stay with the company for their entire career.

Advice to Senior Management

The benefits are good but could be better. I think employee stock options instead of an employee stock purchase program would be a better boost to morale.

Pros

Good culture
Smart people
Good benefits
Global focus

Cons

Conservative culture. Hard work. Long hours.

Advice to Senior Management

Keep up the good work

Pros

If you're fresh out of college and want to get into the financial industry this would be a great place to start. They will cover the cost of your licensing teach you about mutual funds and annuities. They will help you obtain your series 7, 63 and 65 or 66 (combo 63/65). The benefits are great, and they pick up a lot of the cost of your health insurance premiums.

Cons

If you are over 45 years of age, forget advancement. It's a 20 -30 something company if you're re-inventing yourself. Lower and middle management is immature and inexperienced. Last week's process was A, this week's is B. Communication is so poor, you'll only find out about B because you're getting written up about still performing A. Innovation on the bottom ranks is not rewarded, and sometimes presented to upper management with the lower supervisor's name as the originator.

Advice to Senior Management

They asked me this question when I resigned and my answer was, "If you really cared, you would have listened to me while I was there." OK, so here's my answer: Hire Michael Gerber of E-Myth to repair and integrate your broken systems. Hire Jack Welch to teach your middle and lower management how to get your employees to grasp your vision, take ownership and run with it. Let your employees take calculated risks. Reward, don't punish innovation and you'll find your turn over greatly reduced and employee morale up.

Pros

Health & Retirement Benefits, fitness ctr, cafeteria

Cons

Salaries not commensurate with other similar industries

Advice to Senior Management

More meaningful salary/clasification surverys

Pros

The working environment is nice. Employees are friendly and welcoming to new comings. Employee benifit is good and you can feel that the company is very supportive.

Cons

Location. The office sits in a office park with a driving distance to downtown. Because of the industry characteristic, the organizational culture is conservative.

Advice to Senior Management

The organization structure is relatively flat. Employees can feel involved in decision making process. And the communications between the departments is very good.

Pros

I had a relatively good experience as an intern at T. Rowe Price. My manager was extremely supportive in helping me find a future career path; regardless, of if it was within the company or not. TRP is the perfect place for someone who does not want the pressures and stresses that come with working for other investment firms.

Cons

The main reason why I will not be returning full-time is the company's overall low morale. I found it hard to take an offer when I could be excited about my future at TRP.

Advice to Senior Management

The best advice I would give to TRP management would be to be more open to change and to add stronger incentives to be hard work.

Pros

The investment personnel are really dedicated to outperforming their benchmarks and relevant indexes and putting the clients' interests first. People that work in different asset classes are very willing to offer insights to you, and there's a lot of communication back and forth if you're willing to seek it out.

Cons

One downside is that by not being based in New York, you have to travel farther to attend company meetings and industry conferences as opposed to taking the subway from your office.

Advice to Senior Management

We should continue to push international expansion so that we can be viewed as a more global asset management firm and really grow assets under management.

Pros

Work environment is great the people really care about your success. You can ask anyone for help and they are more than willing. There is an open flow of information and more than enough training to get you prepared for the job.

Cons

The work can get a little redundant you perform many of the same tasks on a day to day basis.

Advice to Senior Management

Keep on doing what you are doing it is a great place to work as far as work environment is concerned.

Pros

great training, benefits, and coworkers

Cons

lack of support when needed

Advice to Senior Management

be proactive, not reactionary

Pros

Excellent benefits package, local discounts, great location in Tampa, not your typical call center environment and the opportunity for advancement.

Cons

salaries could be higher, RIS training is mediocre

Advice to Senior Management

no advice