T. Rowe Price Advisory Services, Inc

CRD#108958
Investment Advisor Firm

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Learn more about T. Rowe Price Advisory Services, Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    T. Rowe Price Advisory Services, Inc is located at 4515 Painters Mills Road, Owings Mills, MD. The firm employs 42 financial advisors to manage client portfolios and provide financial guidance. T. Rowe Price Advisory Services, Inc is not a registered broker-dealer.

    T. Rowe Price Advisory Services, Inc oversees $2.6 billion in assets under management across 7,398 accounts, all of which are discretionary. Over the past year, the firm has provided financial planning services to 6,500 clients. The services offered include financial planning services and portfolio management for individuals and small businesses. The firm caters to retail investors and corporations, with retail investors being the largest client type by accounts. The fee structure at T. Rowe Price Advisory Services, Inc includes asset-based and other fees. The firm maintains affiliations with a broker-dealer or securities dealer, a trust company, and a commodity pool advisor.

    T. Rowe Price Advisory Services, Inc is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Assets Under Management

    $2.6 billion

    Number of Advisors

    42

    Disclosures

    No

    Office Location

    4515 Painters Mills Road
    Owings Mills, MD 21117

    T. Rowe Price Advisory Services, Inc by the Numbers

    Total Assets Under Management

    $2.6 billion

    National Average: $8.6 billion
    Total Number of Employees

    58

    National Average: 64
    Total Number of Accounts

    7,398

    National Average: 375,227
    Average Account Size

    $346.5 thousand

    National Average: $23.0 thousand
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    Products and Services

    Financial services provided by T. Rowe Price Advisory Services, Inc can include financial planning services and portfolio management for individuals and small businesses. In the prior fiscal year, T. Rowe Price Advisory Services, Inc provided financial planning services to 6500 of its clients. It does not sell products or offer services other than investment advisory services to its investment advisory customers.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    Fees for financial management typically are based on which service is provided. Fees charged by T. Rowe Price Advisory Services, Inc most likely include any blend of the following fee structures: asset-based or other.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    The company provides services to retail investors and corporations. Out of its 2 clients, T. Rowe Price Advisory Services, Inc's biggest client group by number of accounts is retail investors.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 99.99%
    • Corporations - 0.01%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    T. Rowe Price Advisory Services, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at T. Rowe Price Advisory Services, Inc

    Austin Mccown
    Colorado Springs, CO
    John Mulligan
    Owings Mills, MD
    Tiffany Jones
    Colorado Springs, CO
    Desmond Higginbotham
    Colorado Springs, CO
    Jalisa Wright
    Owings Mills, MD
    David Wintterle
    Colorado Springs, CO
    Dylan Lockard
    Colorado Springs, CO
    Raena Sword
    Colorado Springs, CO
    Ekaterina Scott
    Colorado Springs, CO

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