T. Rowe Price

23 ratings (22 Epinions reviews)
Epinions Product Rating: OK
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    Highest Rated Consumer Review by the Community

  • T. Rowe Price: A Proven Mutual Fund Winner!

    Mar 16, 2002 by Bryan_Carey is a Top Reviewer on Epinions in Personal Finance
    Rated a Very Helpful Review
    Pros: Large number of funds to choose from; fund performance is above average
    Cons: Stock brokerage service charges higher fees than other brokers.

    Summary: T. Rowe Price is a well- known mutual fund and brokerage service that is headquartered in Baltimore, Maryland. This investment company was founded in 1937 by Thomas Rowe Price, Jr., and today it manages more than 140 billion in total assets for more than ... read more

  • Additonal Fees for Poor Performance

    Jan 4, 2012 by
    Not yet rated.
    Pros: None
    Cons: $20 fee to make up for poor performance.

    Summary: When reviewing my annual fund statement, I noticed a $20 account service fee on one of my mutual funds.  When I asked T Rowe Price about the fee, I was told "We performed badly this year due to the bad market so we imposed the fee on smaller ... read more

  • T.Rowe Price iverify Program should be OPTIONAL only

    Jan 19, 2011 by
    Rated a Helpful Review
    Pros:  Company Survived the Depression
    Reliable Phone and Teletrader but only for listed stocks
    Cons: Can't log in fast (iverify slows access)

    Commission fees have risen

    Summary:  Have been with T.Rowe Price for some 10 years  recently they institueed this iverify Program to use their ONLINE services. Signing up with it is MANDATORY.  Not only does it slow down your log in, half the time it will SUSPEND your ... read more

  • a mess, poor customer service

    Mar 28, 2007 by
    Rated a Helpful Review
    Pros: There may be some, but I did not see any
    Cons: "When it is bad, it is HORRID" - and this is what I encountered.

    Summary: I had a pretty nightmarish experience when I tried to invest in a T.Rowe Price mutual fund. I did not hear from T. Rowe Price for over two weeks after I sent a sizeable check to open an account, and when I called to inquire, I was informed that due ... read more

  • Poor customer service, confusing website

    Feb 23, 2007 by
    Rated a Very Helpful Review
    Pros: OK for in house investment products
    Cons: bad customer service, hard to navigate website

    Summary: I recently transferred all of my assets from T Rowe. My experience with the transfer has made me even more glad that I am doing it. My wife and I had Roth IRA accounts and a join brokerage account with T Rowe for about 3 years. --My main general ... read more

  • 401K - from Putnam to Price - Praise Be!

    Dec 17, 2006 by
    Rated a Helpful Review
    Pros: Good professional management. Can recommend them without hesitation
    Cons: There are rules in force designed to inhibit market timing.

    Summary: My 401K is from a major corporation. I have no input with who my 401 is with. At first we had Fidelity. Great service...Good choices...Good people. Then we merged with a different corporation. Corporate had to go with continuing OUR ... read more

  • T. Rowe Price is the best combination of discount broker and mutual fund family

    Mar 25, 2006 by
    Rated a Very Helpful Review
    Pros: Outstanding brokerage execution; mutual funds, advice and service; reasonable fees
    Cons: none whatsoever

    Summary: Since this is in the broker category, I will cover their brokerage services in the initial part of this epinion and then briefly comment on my experience with their funds and retirement accounts. All told, my wife and I have had accounts at T. ... read more

  • 401K managers

    Dec 30, 2002 by
    Rated a Very Helpful Review
    Pros: Helpful and fast for changes.
    Cons: None found.....

    Summary: I don't use T. Rowe Price for personal trading, they manage my 401K. I don't have any details about their fee's and I wont mention what funds I have. This is about the service I have received as a customer. Like most people I started my 401K and ... read more

  • Outstanding customer service

    Feb 4, 2001 by
    Rated a Very Helpful Review
    Pros: Excellent customer service, broad range of services
    Cons: Not the cheapest commissions

    Summary: I have been a T. Rowe Price customer for five years. I started with their mutual funds (they have a wide selection of no-load mutual funds with reasonable management fees) and stayed with T. Rowe Price when I decided to start trading individual stocks. ... read more

  • Cash Balance Retirement Plan

    Jan 5, 2001 by
    Rated a Very Helpful Review
    Pros: none
    Cons: timeliness and honoring customer requests

    Summary: My experience with T. Rowe Price was not discordant. However, I was thoroughly dissatisfied with its customer service. T. Rowe Price consistently failed in two key areas of customer service: 1) processing/updating information within a reasonable ... read more

  • First Class Act

    Aug 11, 2000 by
    Rated a Helpful Review
    Pros: Always keeps the customer informed
    Cons: None

    Summary: Dealing with T. Rowe Price could not be easier. That is, if you need to deal with them at all. They are so great at keeping you informed about your money, you really don't need to contact customer service. The web site is always promptly ... read more

  • I hate to do this... UPDATED!

    Jun 5, 2000 by
    Rated a Very Helpful Review
    Pros: Reliable, simple interface, good support
    Cons: Not the cheapest trades.

    Summary: When I read about on-line brokers in the paper, it is usually about how badly they crashed the day before. On days when the market is most frenzied, they can't seem to function without some kind of systems outage, just when their customers need them the ... read more

  • Express Customer Reviews

  • Price Brokerage (Pershing)

    Apr 9, 2013 by
    Rated Show
    Pros: As above, mutual funds seem OK
    Cons: Advice given is very limited and self serving.
    Brokerage service particularly regarding taxes was horrible.

    Summary: I've been a customer of Price for over 20 years.  Their mutual funds are conservative and pretty much what you see is what you get.They make a big deal about their service but I've found their advice self-serving and as if taken from the ... read more

  • T Rowe Price does not care about its customers.

    Jan 11, 2013 by
    Not rated yet
    Pros: none.
    Cons: Unwillingness to negotiate
    Hard-line sales approach
     

    Summary: I am experiencing unexpected and unreasonable fees assessed by T Rowe Price after being a loyal customer since the 1990s. Specifically, I have been charged $80 in service charges unrelated to any type of action on my part. Given the volatility of this ... read more

  • Fees equate to outright thievery

    Sep 28, 2012 by
    Not rated yet
    Pros: None that I can see at this point
    Cons: Not to be trusted

    Summary: Lost track of a 401k account with only 2 couple thousand in it. Two years later when I went to re-establish the account, found that it had been transferred to a no interest IRA and they had charged $50 in fees simply for having the balance on their ... read more

  • 20 dollar fee - per fund!

    Apr 18, 2012 by
    Rated Show
    Pros: website used to be ok, some funds had reasonable performance.
    Cons: Nickel and dime your custormers - is the new TRP business model, I guess

    Summary: There's a couple of comments on this thread about new way TRP found to make money - $20 fee, per fund!  Which means that if you have, say, 5 funds in your account, and total is below 50K, they hit you with @100 fee this year.If you didn't ... read more

  • Small Investor Unwelcomed

    Mar 6, 2012 by
    Not rated yet
    Pros: None I can think of
    Cons: Inconsistent and UN-friendly

    Summary: T. Rowe Price representatives told me that my $600 balance was not profitable, and they no longer welcomed $50/month contributions. I had to agree to $100 debits, but was allowed to change the fund I wanted. When I called again, to request additional ... read more

  • DON'T INVEST WITH T.ROWE PRICE

    Oct 8, 2011 by
    Not rated yet
    Pros: No Pros
    Cons: Kept switching me from one person to another.

    Summary: Don't invest with this rip off company. After being a client for 26 years, they charged me a service fee of $20 without telling me...would not refund the charge.  I call they robbery. I cancelled my account & they didn't care. WALL STREET ... read more

  • T Rowe Price steals fees

    Oct 8, 2011 by
    Not rated yet
    Pros: Performance of fund always mediocre.
    Cons: They steal your money.

    Summary: In a $4,800 account - open since the 1980s - Price stole a $20.00 "service fee" at the end of the September 2011 quarter. Supposedly applicable because the account was less than $10,000. Never agreed to, of course. Acted like the thieving scum they ... read more

  • Where's my money

    Jul 29, 2010 by
    Not rated yet
    Pros: Yeah right  nothing good about this company.
    Cons: Customer Service  are liars
    They use your money for their own personnel use

    Summary: I have been trying to roll over my IRA from Trowe Price to my company and as of yet have not received my money.  Everytime youcall them you are handed off to another person.  Who tells you more lies and that the checks are in the mail.  It ... read more

Showing 1-20 of 22 reviews
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