T. Rowe Price (Canada) Inc. is a large advisory firm based in Baltimore. It manages $3.39 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Maryland.
T. Rowe Price (Canada) provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of T. Rowe Price (Canada) Inc. is $3.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6666% since the beginning of its operation, and $3.37 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay T. Rowe Price (Canada) Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Edward Cage Bernard is pooled investment vehicles with 12 clients and $2.66 billion of assets under management. Among the 10 most similar advisory firms, T. Rowe Price (Canada) has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.39 billion for 18 clients. 89% of the firm’s clients are foreign persons or businesses.
T. Rowe Price (Canada) also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $3,728,421 for each fund.
The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Edward Cage Bernard has been acting as President since 1 Jan 2006. Robert Charles Trant Higginbotham joined the executive team most recently as the Director And President.
The principal office where T. Rowe Price (Canada) Inc. performs its advisory services is located at 100 East Pratt Street, Baltimore, MD 21202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-345-2000 or by fax 410-345-6575. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at troweprice.com.