Guided by unwavering principles, we have evolved our capabilities while focusing consistently on innovation that is relevant to distinct client needs. This timeline offers a closer look at some of the key milestones in our history.

2000's | 1990's | 1980's – 1970's | 1960's – 1937

2000's
	2007 Continued Global Expansion T. Rowe Price opens an office in Toronto, Canada, enhancing the firm's service capabilities for a growing list of Canadian clients. The firm also enters into an arrangement with a respected asset management firm in India.
	2006 Management Transition and Continuity James Kennedy is elected president and chief executive officer of the firm, completing a multi-year succession plan that also sees Brian Rogers and Edward Bernard elected chairman of the board and vice chairman, respectively. The election follows the retirement of Chairman and President George Roche.
	2004 European and Australian Expansion T. Rowe Price establishes an office in Amsterdam to supplement existing locations in London and Copenhagen. A new office in Sydney supports a growing presence in Australia and New Zealand.
	2003 Retirement Funds The firm introduces the target-date Retirement Funds. Underpinning the funds is an asset allocation strategy developed through proprietary research and quantitative modeling. The funds set new records for asset growth, reaching $8 billion within two years.
	2001 Cross-Border Funds The firm launches the T. Rowe Price Funds SICAV, domiciled in Luxembourg, for non-U.S. institutional investors and financial intermediaries in qualifying jurisdictions.
	2000 T. Rowe Price International The firm acquires complete ownership of Rowe Price-Fleming International. The new entity—T. Rowe Price International, Inc.—enhances the firm's ability to distribute investment products outside the United States. To further support this effort, the firm creates T. Rowe Price Global Investment Services Ltd., providing investment products and services for institutional clients around the world.
Back to top 1990's
	1999 S&P 500 Index T. Rowe Price is added to the S&P 500 Index, a leading measure of the broader U.S. stock market.
	1999 Expansion to Japan In a joint venture with Robert Fleming Holdings Limited, T. Rowe Price expands into Japan with T. Rowe Fleming Asset Management (now known as T. Rowe Price Global Asset Management).
	1996 troweprice.com The firm launches the troweprice.com Web site, extending its commitment to superior client service into the Internet age.
	1994 Third Party Distribution The firm partners with several high-quality financial institutions to deliver T. Rowe Price products and services to a wider audience.
Back to top 1980's – 1970's
	1987 Global Research Underscoring the firm's commitment to proprietary research, T. Rowe Price establishes a research office in Hong Kong. This is soon followed by offices in Buenos Aires and Singapore.
	1986 Initial Public Offering To help secure the firm's long-term financial stability, management takes T. Rowe Price public, trading on the Nasdaq stock exchange under the symbol TROW.
	1979 Rowe Price-Fleming International Partnering with U.K.-based Robert Fleming Holdings Limited, T. Rowe Price expands the international investment opportunities available to its U.S. clients.
	1974 Defined Contribution Plans T. Rowe Price leads the way in defined contribution retirement plan services with the introduction of the firm's first retirement accounts in the U.S.
	1971 Fixed-Income Management George Collins is hired to develop the firm's fixed-income management division, further diversifying our investment offerings. In 1984, Mr. Collins becomes president and CEO of T. Rowe Price.
Back to top 1960's – 1937
	1969 New Era Fund The firm launches the New Era Fund, a mutual fund dedicated to investing in natural resources.
	1960 Small-Cap Strategy The firm expands into U.S. small-cap equity investments, pioneering an industry trend toward specialized mutual fund management to meet diverse client needs.
	1951 Institutional Investors To meet the unique needs of institutional investors, the firm introduces its first segregated institutional client account.
	1950 First Mutual Fund The firm launches the T. Rowe Price Growth Stock Fund, a no-load mutual fund seeking long-term capital appreciation by investing in established growth companies. Today, T. Rowe Price offers more than 75 mutual fund strategies.
	1937 Firm Established Thomas Rowe Price, Jr., founds the firm in Baltimore, Maryland, U.S.A. Rather than charge a commission, as was then the practice in the securities business, Mr. Price charges a fee based on the assets under management. If the client prospers, so does T. Rowe Price. The core of Mr. Price's disciplined investment approach—long-term focus, proprietary research, and prudent risk management—endures to this day.
Back to top