BALTIMORE, Dec. 10, 2025 /PRNewswire/ -- 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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SOURCE T. Rowe Price Group
T. ROWE PRICE CONTACTS: Public Relations: Lauren Dear, 410-577-5009, lauren.dear@troweprice.com; Investor Relations: Linsley Carruth, 410-345-3717, linsley.carruth@troweprice.com
