Culture of playing favorites - Anonymous employee T. Rowe Price Employee Review

3.0
Nov 12, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great reputation in the Investment Management industry

Cons

Management plays favorites and promotions are given to those whom they like regardless of the associate's skill set or qualifications for the job. As a result those who work hard and have the relevant experience are passed over, especially if they don't play the "T. Rowe game". Many of the associates have never worked anywhere else so there isn't a lot of relevant "external" experience and they don't like "outsiders" bringing fresh ideas or suggestions.

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5.0
May 5, 2026
Recommend
CEO approval
Business outlook

Pros

Good mentorship Strong brand in market

Cons

Strict compliance can slow down processes

3.0
Jun 12, 2026
Recommend
CEO approval
Business outlook

Pros

Total compensation is competitive, new hires are eager to jump in, and it seems like a company strategy is finally coming together. Things continue to move slowly though because projects from the loudest voice or most tenured associates tend to get prioritized and throw off critical investments into fixing data, process, and tech debt issues to mature our ability to market like it’s 2026 instead of 2016.

Cons

Too many bottlenecks to execution; If you’re seeking to make a meaningful impact, don’t expect it fast. Expect to navigate uncertainty while the company claims to help clients do this for their portfolios instead of helping associates to help clients — This is branded fluff for leadership without clear direction, driving teams to waste too much time and energy in meetings and boring demo decks every month to make being busy look like value by being the loudest voice, which is what you’ll notice many of the most tenured associates do best. Slides might look pretty but AI doesn’t make sense of this noise and clients don’t benefit from all the hours spent in PowerPoint. Unclear ownership leads to internal redundancies or team friction, on top of the inconsistent documentation and fragmented data siloes that are ironically impeding readiness for AI mandates coming from the CEO.

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