T. Rowe Price Reviews

Updated 14 August 2014
Updated 14 August 2014
282 Reviews

3.5
282 Reviews
Rating Trends

Recommend to a friend
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
201 Ratings

Review Highlights

Pros
  • Very people friendly company, with good work/life balance (in 19 reviews)

  • Great benefits and comfortable work environment (in 36 reviews)


Cons
  • Career opportunities in Colorado Springs were limited to call center management (in 14 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retirement Plan Coordinator  in  Owings Mills, MD (US)
    Current Employee - Retirement Plan Coordinator in Owings Mills, MD (US)

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

    Pros

    The company offers great work life balance, benefits, stock purchasing, etc. T Rowe Price is growing and understand how important it is to invest in it's people to get the most out of them. You can learn a lot from this company and it's just a great place to work.

    Cons

    Since it isn't a huge company, it can take a little while to advance.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good, stable company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst  in  Owings Mills, MD (US)
    Current Employee - Quantitative Analyst in Owings Mills, MD (US)

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

    Pros

    Good work life balance. Employees treat each other with a very high degree of respect and sincerity. Firm is large enough for employees to navigate a career track with some degree of flexibility. Supportive of employees' ambition to pursue professional credentials and academic education.

    Cons

    Operational tempo and time it takes to make decisions and implement change is remarkably slow for a company of this stature. Salaries can be lower, but total benefits package is great

    Advice to ManagementAdvice

    Move faster from point A to point B.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Investment Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Counselor  in  Tampa, FL (US)
    Former Employee - Investment Counselor in Tampa, FL (US)

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

    Pros

    Great place to learn the business and get your licenses (especially because they will pay you and allow you to study at work!). Great people, I'll miss that the most. It's a very laid back atmosphere and as long as you are breathing, can answer a phone, and you don't step on toes, you have a very secure job. The benefits are great.

    Cons

    There is little to zero growth available in the Tampa office, unless your ambitions include supervising a call center. I'm fairy certain the sole purpose of the Tampa office is a backup facility. It snows in CO and MD, shocking right?! Well, employees in those locations are let go early on heavy snow days every year and Tampa is there to hold it up. They allow a lot of great talent to walk out the door, and the worst part is I really don't think they care. The Tampa office hires mostly recent college graduates, so the inexperience in most departments is very high. Many individuals get their licenses and leave. There are actually 2 major companies in the city that offer virtually the same position with about 10% higher pay. Those that stay get hooked on the additional vacation hours they give you. Once you get to the 10 yr mark, you're a LIFER, there's no going back to 2 weeks vacation when you can get 20 vacation days. Just answer/dial the phone as much as you can and try not to laugh when they have annual meetings about trying to be about quality over quantity and then preach the exact opposite every other day that someone from Baltimore isn't in town.

    Advice to ManagementAdvice

    You'll quickly learn as an employee in the Tampa office for T. Rowe Price, "Advice to Management" is a waste of everyone's time. It allows them to check off a box of a survey they sent out, then they just do whatever the next man higher up wants them to do.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good company, not great pay. Room for growth but efforts are not always rewarded.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Operations Senior Associate  in  Baltimore, MD (US)
    Former Employee - Investment Operations Senior Associate in Baltimore, MD (US)

    I worked at T. Rowe Price full-time for more than a year

    Pros

    relaxed environment, generally people are very nice

    Cons

    pay is low, people who do not pull their weight can easily get by, even get promoted

    Advice to ManagementAdvice

    Cut people who do not contribute to the team-it hinders productivity for those who do contribute

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Positive but limited opportunities

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    Very good training program and leaders are good

    Cons

    Unless willing to move to Baltimore there are limited career options

    Advice to ManagementAdvice

    Consider greater commitment to tampa market

  7.  

    Good company, good perks; pay notsomuch.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Owings Mills, MD (US)
    Former Employee - Anonymous Employee in Owings Mills, MD (US)

    I worked at T. Rowe Price full-time for more than 10 years

    Pros

    Great people to work with in the trenches-always will to do what it takes to get the job done. Culture of the company represents a youthful attitude with the old ideals that the company was founded on.

    Cons

    The efforts are not always rewarded, citing that the pay grade is comparable with what's out there. Pay was not worth my long-term employment there, hoping that management would make good on their promise to level the pay scale.

    Advice to ManagementAdvice

    Share the wealth. My department was just starting a life balance approach but, the hurdles of the security associated with a financial firm were difficult to overcome.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great Company; collaborative working environment

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

    I worked at T. Rowe Price full-time for 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
  9.  

    Average pay, above average experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Special Correspondence Representative  in  Owings Mills, MD (US)
    Former Employee - Special Correspondence Representative in Owings Mills, MD (US)

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

    Pros

    Generous stock option and plentiful vacation days (if employed for sufficient time)

    Cons

    Woeful pay scale; college atmosphere for lower level employees.

    Advice to ManagementAdvice

    Compensate the associates on the front line better.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Portfolio Accounting

    • 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

    Pros

    Great place to start your career. Plenty of opportunity to grow. Good benefits.

    Cons

    Starting salary is low but benefits are good and salary increases quickly

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    T Rowe Price

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

    I have been working at T. Rowe Price full-time for less than a 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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