T. Rowe Price Profit Rises on Higher Advisory Fees
T. Rowe Price posted higher first-quarter profit as assets under management rose to $1.7 trillion. Increased advisory fees grew revenue to $1.86 billion.
Xurve View
Insights:
Xurve View
T ROWE PRICE GROUP INC increased its first-quarter profit as rising assets under management drove advisory fees to $1.68 billion.
The United States-based manager, backed by GOLDMAN SACHS GROUP INC, grew its asset base 9.6% to $1.7 trillion.
