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T. Rowe Price Index Investing Review


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T. Rowe Price is an American investment management company that serves both national and international clients. The company offers analytical and strategic advisory services, mutual funds, index funds, retirement plans, and more to help clients build and manage diversified portfolios. It was founded in 1937 and is headquartered in Baltimore, Maryland.
 
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T. Rowe Price Fund Characteristics

Fund Characteristics - 4.5 / 5

T. Rowe Price's Equity Index 500 Fund invests all of its assets in all stocks of the S&P 500 Index. The company also has other index funds as follows: U.S. Bond Enhanced Index Fund, Total Equity Market Index Fund, International Equity Index Fund, Extended Equity Market Index Fund.
Types of Index Funds Offered
S&P 500
Other
Minimum Investment
$2,500
Funding Options
Accounts can only be funded with cash or T. Rowe Price funds. Investors can add to their accounts by transferring money from their bank accounts or rolling over a former employer-sponsored plan. Investors cannot transfer securities into their account.

T. Rowe Price Fees

Fees - 4.5 / 5

Prices listed are for T. Rowe Price's basic brokerage account fees. There are different and additional fees for mutual fund, stock, and Brokerage Advantage accounts. Many fees are waived for Brokerage Advantage customers and customers holding over $50,000 in mutual funds.
Management Fees
$40 annually
Trade Fees
Short-term trading fees are $50 or 1% of fund shares (not to exceed $250). These do not apply to T. Rowe Price funds
Other Fees
$30 annual account maintenance fees, $50 account transfer or termination fee, $20 returned deposit check, $15 wire transfers, and $200 for IRS Form 9990T filing.

T. Rowe Price Financial Strength

Financial Strength - 4.5 / 5

T. Rowe Price is very transparent about its assets and financial status, providing annual and quarterly reports that are easily accessible via its website. According to its annual report, T. Rowe Price has enjoyed healthy growth in revenue and earnings since 2017. The company ended the previous year with $2.7billion of investment and no debt.
Standard & Poor's Financial Rating
A+
Total Assets Under Management
$1.01 Trillion

T. Rowe Price Reputation, Service, and Communication

Reputation, Service, and Communication - 4.5 / 5

T. Rowe Price was selected as one of the top 50 financial employers in 2017 by Pensions & Investments. Clients have access to T. Rowe Price investment specialists Monday through Friday via phone and email. Investors can also take advantage of the website help center, FAQs page, and article resources page.
# of FINRA Regulatory Events
1
# of FINRA Arbitrations
2
Consumer Financial Protection Board (CFPB) Complaints
0
Customer Support Hours
8am-8pm, weekdays
Modes of Communication
Phone
Email
Branch

Company Profile

Full Name
T. Rowe Price Index Investing
Company Website
https://www.troweprice.com/
Headquarters
100 East Pratt Street, Baltimore, MD, 21202

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Top Rated
  • Seven index fund alternatives
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  • Low $2500 starting investment on all regular index fund accounts
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