T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2025

Rhea-AI Summary

T. Rowe Price (NASDAQ: TROW) reported preliminary month-end assets under management of $1.77 trillion as of September 30, 2025. Preliminary net outflows for September 2025 were $2.0 billion, and net outflows for the quarter ended September 2025 were $7.9 billion, which included $0.8 billion of manager-driven distributions.

The firm's asset mix at 9/30/2025: Equity $885B, Fixed income $208B, Multi-asset $618B, Alternatives $56B, and Target date retirement portfolios $553B (included managed account model delivery starting July 2025).

Q3 2025 earnings will be released on October 31, 2025 at 7:00 AM ET with a webcasted earnings call from 8:00–8:45 AM ET.

Positive

• Total AUM reported at $1.77 trillion as of 09/30/2025
• Target date retirement portfolios grew to $553 billion (≈+16% vs 12/31/2024)

Negative

• Preliminary net outflows of $2.0 billion in September 2025
• Quarter-to-date net outflows of $7.9 billion for Q3 2025, including $0.8 billion manager-driven distributions

BALTIMORE, Oct. 10, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced preliminary September month-end assets under management of $1.77 trillion. Preliminary net outflows for September 2025 were $2.0 billion. For the quarter-ended September 2025, net outflows were $7.9 billion, including $0.8 billion of manager-driven distributions.

The below table shows the firm's assets under management as of September 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)		09/30/2025(a)(b)		8/31/2025		6/30/2025		12/31/2024
Equity		$                 885		$               867		$                839		$               830
Fixed income, including money market		208		205		200		188
Multi-asset		618		602		583		536
Alternatives		56		55		55		53
Total assets under management		$              1,767		$            1,729		$             1,677		$            1,607
Target date retirement portfolios		$                 553		$               538		$                520		$               476
(a) Preliminary - subject to adjustment
(b) Beginning in July 2025, managed account - model delivery assets are included in assets under management.

 

Q3 2025 EARNINGS RELEASE AND EARNINGS CALL
T. Rowe Price will release Q3 2025 earnings on Friday, October 31, 2025 at 7:00 AM ET. The company will host an earnings call from 8:00 – 8:45 AM ET that day. To access the webcast and accompanying materials, visit the company's investor relations website at: investors.troweprice.com.

ABOUT T. ROWE PRICE 
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.77 trillion in client assets as of September 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 longstanding 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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SOURCE T. Rowe Price Group

FAQ

What assets under management did T. Rowe Price (TROW) report for September 30, 2025?

T. Rowe Price reported preliminary $1.77 trillion in assets under management as of 09/30/2025.

How large were T. Rowe Price's net outflows in September 2025 and Q3 2025?

Preliminary net outflows were $2.0 billion in September 2025 and $7.9 billion for the quarter ended September 2025.

How much AUM does T. Rowe Price have in target date retirement portfolios (TROW)?

Target date retirement portfolios totaled $553 billion as of 09/30/2025.

When will T. Rowe Price release Q3 2025 earnings and host the earnings call (TROW)?

Q3 2025 earnings will be released on October 31, 2025 at 7:00 AM ET, with an earnings call from 8:00–8:45 AM ET.

What asset-class breakdown did T. Rowe Price report on 09/30/2025?

Reported AUM by class: Equity $885B, Fixed income $208B, Multi-asset $618B, Alternatives $56B.

Did T. Rowe Price (TROW) note any accounting or scope changes to AUM in the report?

Yes; beginning in July 2025, managed account model delivery assets are included in assets under management, and figures are preliminary and subject to adjustment.