Slow-Moving Blue-Bloods Welcomed - Senior Project Manager T. Rowe Price Employee Review

2.0
27 Sept 2016
Recommend
CEO approval
Business outlook

Pros

Spacious, well kept buildings. Generally nice people, at least in day-to-day dealings. Focused on the client. Money is no object (upkeep, software, headcount, perks, etc.) Subsidized cafeteria on campus. Shuttle between buildings. Nice security folks.

Cons

Remember when dial-up AOL was *the* internet service provider--then they moved too slowly to adapt to cable and fiber? That's T. Rowe Price.. Stuck with an outmoded mindset that treasures tradition over agility, tenure over ingenuity, established ways over innovation. Hinterland suburban campus over vibrant downtown. Everything at TRP is SLOW, SLOW, SLOW. Forward-thinking renegades are kept in tiny silos; the tools and methods they use are not widely adopted. The rest of the corporate behemoth lumbers along, using office methods proven at the turn of the century, (when e-mail appeared to be a salvation). Telecommuting? Out. Social/collaboration software? Ignored. Continuous Improvement? What's that--why change? If you'd like to travel back in time to a kinder-gentler era, say 1994, T. Rowe Price will be about your speed. Fast forward to 2025--TD Ameritrade, Ally, Mint, and a host of digital-paced, asymmetrical investment competitors will have swallowed market share. TRP will be left with the aging fleet of Baby Boomer retirees, who are sucking funds out to move to Florida. Like AOL--"TRP, you've got mail!"

Explore other reviews about T. Rowe Price

5.0
4 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Workflow was consistent. Never a lull in the day.

Cons

A lot of overtime, but it was paid.

3.0
12 June 2026
Recommend
CEO approval
Business outlook

Pros

Total compensation is competitive, new hires are eager to jump in, and it seems like a company strategy is finally coming together. Things continue to move slowly though because projects from the loudest voice or most tenured associates tend to get prioritized and throw off critical investments into fixing data, process, and tech debt issues to mature our ability to market like it’s 2026 instead of 2016.

Cons

Too many bottlenecks to execution; If you’re seeking to make a meaningful impact, don’t expect it fast. Expect to navigate uncertainty while the company claims to help clients do this for their portfolios instead of helping associates to help clients — This is branded fluff for leadership without clear direction, driving teams to waste too much time and energy in meetings and boring demo decks every month to make being busy look like value by being the loudest voice, which is what you’ll notice many of the most tenured associates do best. Slides might look pretty but AI doesn’t make sense of this noise and clients don’t benefit from all the hours spent in PowerPoint. Unclear ownership leads to internal redundancies or team friction, on top of the inconsistent documentation and fragmented data siloes that are ironically impeding readiness for AI mandates coming from the CEO.

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