T. Rowe Price Reviews | Glassdoor

T. Rowe Price Reviews

Updated May 12, 2017
158 reviews

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2.9
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William J. Stromberg
10 Ratings

158 Employee Reviews

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Pros
Cons
  • Also the overtime is terrible for anyway who wants a work life balance (in 20 reviews)

  • You're basically a glorified call center rep (in 28 reviews)

More Pros and Cons

  1. "Good starter job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retirement Specialist in Tampa, FL
    Current Employee - Retirement Specialist in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Contributions to 401k from the company are great.
    Mostly autonomous atmosphere.

    Cons

    Technology used to support workplace participants is very antiquated.
    Base pay is less than optimal.
    Follow through from leadership to address serious concerns of workplace investors is not adequate.

    Advice to Management

    WISE needs a serious overhaul. Need more bodies on the phones and better technologies to support participants


  2. "It's a decent job."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Starting salary is $38k and you're bumped up to $40k after passing the Series 6 and Series 63. Other than that, you're paid time to study for your licenses.

    Cons

    Micromanaging; Office politics; favoritism; lousy amount of vacation days. The job itself is horrendous. You're basically a glorified call center rep.

    Advice to Management

    Promote the people who actually have skill and talent instead of the people who think they're better than everyone else.


  3. "great cos to work for but....."

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Investment Specialist in Tampa Palms, FL
    Former Employee - Investment Specialist in Tampa Palms, FL

    I worked at T. Rowe Price (More than 3 years)

    Pros

    very good training and the needs to continue to do that

    Cons

    lack of support from managment

    Advice to Management

    be more supportive


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  5. Helpful (1)

    "Smart people, but overall headwinds vs. passive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Baltimore, MD
    Current Employee - Analyst in Baltimore, MD
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at T. Rowe Price full-time (More than 5 years)

    Pros

    -Being in baltimore removes the high turnover, short-term focused mindset from investing. People here are long-term focused, engaged in your development.
    -Ability to do a investing job in a suburban geography that is more accomodative for families

    Cons

    -Baltimore may not be an attractive location if you are young and without a family.


  6. Helpful (2)

    "Good Company, Healthcare, Work Place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Current Employee - Financial Services Representative in Colorado Springs, CO
    No opinion of CEO

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

    Pros

    Solid company, great healthcare, good location

    Cons

    Low matching on 401k for a company in the business of 401k record keeping.

    Advice to Management

    Be open and support all who want to seek growth and promotion - not just the chosen few.


  7. "Overview of Working for TRP as a PSC Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PSC Representative in Owings Mills, MD
    Former Employee - PSC Representative in Owings Mills, MD

    I worked at T. Rowe Price full-time (More than a year)

    Pros

    -The overarching company culture is centered around keeping its employees happy and trying to give them the most opportunity for growth within the firm.

    -Many things to boost worker morale like free food, a nice rewards site for employee recognition, discounts to local attractions or sporting events, and a solid 401(k) plan w/ employer match and discretionary contributions

    Cons

    -This position is as low on the bottom of the totem pole as can get in any of TRP's main functions. You're a glorified call center representative and even though it is an inbound call center where you're educated on all things 401(k)/IRA your participants still feel like treating you as if you're a telemarketer or like you're supposed to give them the ability to do whatever they want with money in a retirement account regardless of IRS rules and plan guidelines.

    -You consistently get mandatory overtime with little notice of it so in weeks where it's OT heavy it may feel like work is life. For 8 months I was here, our department as a whole was understaffed which led to everyone working constantly and the level of burnout among everyone was palpable when I got in the door every morning.

    -It often seems like supervisors do absolutely nothing throughout the day and the way seniors and supervisors are selected often appears questionable considering everyone's credentials

    -Low paying compared to competitors in the industry with similar positions

    -Very hard and tenuous process to obtain a new role trying to transfer out of PSC/II Services

    Advice to Management

    If you have no say on employee compensation, at least do your best to empathize with the common worker in Investor Services and try to put yourself in their shoes every once in a while.


  8. Helpful (1)

    "Solid Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Owings Mills, MD
    Former Employee - Anonymous Employee in Owings Mills, MD
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Solid benefits, great work/life balance.

    Cons

    BUs are in a state of constant re-org. Leadership seems out of touch with associates.

    Advice to Management

    Be more transparent.


  9. "Retail Account Management Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Owings Mills, MD
    Former Employee - Anonymous Employee in Owings Mills, MD
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at T. Rowe Price (More than 3 years)

    Pros

    Good work/life balance
    Teamwork oriented

    Cons

    Overtime can be unpredictable times

    Advice to Management

    Need to work on more potential opportunities for associates to have ability to work from home especially during busy season


  10. Helpful (2)

    "Some growing pains, but still a good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at T. Rowe Price full-time (More than 10 years)

    Pros

    Great place to grow your career and make a decent living after entry level role. Very collaborative company that truly seeks to put the interest of the clients first. If you are a good networker and network with the "right" people, you will do well.

    Cons

    If you are not a good networker beware. Also, you may need to spend as much time ensuring you are telling the right people what you are doing well as well as doing those tasks well.

    Advice to Management

    Keep clients first. Focus on not kicking the can down the road - can't do that forever.


  11. "Forced to Obtain Securities License"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Participant Service Center Specialist in Owings Mills, MD
    Former Employee - Participant Service Center Specialist in Owings Mills, MD
    Doesn't Recommend

    I worked at T. Rowe Price (Less than a year)

    Pros

    If you're interested in obtaining a Series 7 or 63 license, it's the perfect place to work

    Cons

    Being forced to obtain a securities license


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