BALTIMORE, Dec. 10, 2025 -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced preliminary November month-end assets under management of $1.79 trillion. Preliminary net outflows for November 2025 were $8.0 billion.
The below table shows the firm's assets under management as of November 30, 2025, and for the prior month-, quarter- and year-end by asset class and in the firm's target date retirement portfolios.
As of | ||||||||
(in billions) | 11/30/2025(a)(b) | 10/31/2025 | 9/30/2025 | 12/31/2024 | ||||
Equity | $ 891 | $ 902 | $ 885 | $ 830 | ||||
Fixed income, including money market | 211 | 210 | 208 | 188 | ||||
Multi-asset | 628 | 622 | 618 | 536 | ||||
Alternatives | 57 | 56 | 56 | 53 | ||||
Total assets under management | $ 1,787 | $ 1,790 | $ 1,767 | $ 1,607 | ||||
Target date retirement portfolios | $ 562 | $ 557 | $ 553 | $ 476 | ||||
(a) Preliminary - subject to adjustment | ||||||||
(b) Beginning in July 2025, managed account - model delivery assets are included in assets under management. | ||||||||
ABOUT T. ROWE PRICE
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.79 trillion in client assets as of November 30, 2025, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its long-standing expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. Visit troweprice.com/newsroom for news and public policy commentary.
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