T. Rowe Price Recognized as World's Most Admired and America's Most Trustworthy Investment Firm
ByAinvest
Thursday, Jun 27, 2024 8:43 am ET1min read
T. Rowe Price has been recognized as one of the World's Most Admired Companies by Fortune for the 14th year and as one of America's Most Trustworthy Companies by Newsweek. This accolade acknowledges their strong management, quality products, and financial stability, as well as their trustworthiness in the eyes of customers, investors, and employees. With $1.54 trillion in assets under management, T. Rowe Price is a global investment leader known for its active management and retirement services.
T. Rowe Price, the global investment management firm based in Baltimore, Maryland, has once again been recognized as one of the world's most admired companies. This distinction, awarded by Fortune for the 14th year, is a testament to T. Rowe Price's strong management, quality products, and financial stability (1).
With $1.54 trillion in assets under management (2), T. Rowe Price is a global leader in the securities and asset management industry. The firm's inclusion in Fortune's World's Most Admired Companies list for the 14th year highlights its continued success in these areas.
According to Fortune, companies are rated on nine different categories, including innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, financial soundness, quality of products and services, and global competitiveness (2). T. Rowe Price's high ranking in these categories underscores its commitment to excellence.
T. Rowe Price's inclusion in the World's Most Admired Companies list is not its only recent accolade. The firm was also named one of America's Most Trustworthy Companies by Newsweek (3). This recognition further solidifies T. Rowe Price's reputation as a trustworthy and reliable investment management firm.
Despite its impressive growth and success, T. Rowe Price remains committed to its core values. The firm's strong focus on active management and retirement services has set it apart from its competitors and contributed to its long-term success (2).
References:
1. Fortune. (2023). T. Rowe Price. Retrieved from https://fortune.com/company/t-rowe-price/
2. MarketScreener. (2022, March 14). T. Rowe Price Named to Fortune Magazine's "World's Most Admired" List for the Twelfth Consecutive Year. Retrieved from https://www.marketscreener.com/quote/stock/T-ROWE-PRICE-GROUP-INC-40311214/news/PRESS-RELEASE-T-Rowe-Price-Named-to-Fortune-Magazine-s-World-s-Most-Admired-List-for-the-Twelfth-39783150/
3. Newsweek. (2022). America's Most Trustworthy Companies 2022. Retrieved from https://www.newsweek.com/americasmosttrustworthycompanies

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