T. Rowe Price Expands Engagement with Wealth Advisors
T. Rowe Price, a major investment management firm, announced plans to deepen and expand its engagement with wealth advisors by growing field sales teams, leadership roles, and product specialist functions. The initiative is aimed at addressing the increasing complexity of client needs in today's evolving financial landscape. T. Rowe Price will offer tailored solutions such as tax-optimized drawdown strategies, customizable model portfolios, alternative investments, SMAs, ETFs, and research insights to help advisors better serve their clients. The firm has already begun adding over 50 new roles across broker-dealer and RIA sales teams, along with specialists in alternatives, ETFs, and models. Two key hires include Kevin Johnson as head of wealth research and Ryan Bauer as head of RIA enterprise national accounts, both bringing extensive industry experience to their positions. Kevin Collins, head of T. Rowe Price U.S. Intermediaries, emphasized the need for advisors to navigate complex markets with tailored solutions. The firm's strategic enhancements are intended to strengthen its support for wealth management professionals and help them adapt to changing client expectations.
Tickers: $TROW
Topics: Advisor Relationships Sales Team Growth Wealth Management