T. Rowe Price Group, Inc. (TROW) operates as a global investment management firm that provides a broad array of actively managed investment solutions including U.S. mutual funds; subadvisory services; separate account management; retirement plans and participant recordkeeping; exchange-traded funds across equity, fixed income, multi-asset, and alternative strategies; collective investment trusts; brokerage services; trust services; and non-discretionary model delivery advisory services to individual investors, financial advisors, institutions, and retirement plan sponsors. The firm, founded in 1937 and headquartered at Harbor Point in Baltimore, Maryland, manages approximately $1.79 trillion in assets and maintains 17 international offices serving clients in 55 countries including Canada, the United Kingdom, and Asia-Pacific regions. T. Rowe Price distributes its products through diverse channels encompassing sponsored pooled vehicles, separately managed accounts, and institutional partnerships while emphasizing its growth stock philosophy and active management approach. In September 2025, the firm entered a multi-year strategic collaboration with Goldman Sachs Group Inc., under which Goldman invests up to $1 billion in T. Rowe Price stock and the partners develop private-market products for retail and retirement investors with launches targeted by mid-2026. Most recently in December 2025, T. Rowe Price transitioned its front-office operations to the SaaS-deployed Charles River Investment Management Solution to enhance efficiency in managing global equity, fixed income, and multi-asset portfolios; expanded its active ETF lineup to 28 products with new fixed income offerings including short-term, long-term, high yield municipal bond, and multi-sector income strategies; and announced the creation of a dedicated Global Strategy function led by incoming head Andrew Reich effective January 2026 to oversee corporate strategy, mergers and acquisitions, and product development.