<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:4140841c-22b5-4d7f-9ef0-a0fc6c2f0110,g:9040dd7c-e1c5-4cb8-80bd-2dcf29395648-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:trow="http://www.troweprice.com/20221231" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.troweprice.com/20221231">
  <xs:import namespace="http://fasb.org/srt/2022" schemaLocation="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd"/>
  <xs:import namespace="http://fasb.org/us-gaap/2022" schemaLocation="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd"/>
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="trow-20221231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="trow-20221231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="trow-20221231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="trow-20221231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://www.troweprice.com/role/Cover">
        <link:definition>0000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AuditInformation" roleURI="http://www.troweprice.com/role/AuditInformation">
        <link:definition>0000002 - Document - Audit Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDBALANCESHEETS" roleURI="http://www.troweprice.com/role/CONSOLIDATEDBALANCESHEETS">
        <link:definition>0000003 - Statement - CONSOLIDATED BALANCE SHEETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDBALANCESHEETSParenthetical" roleURI="http://www.troweprice.com/role/CONSOLIDATEDBALANCESHEETSParenthetical">
        <link:definition>0000004 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFINCOME" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFINCOME">
        <link:definition>0000005 - Statement - CONSOLIDATED STATEMENTS OF INCOME</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOME" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOME">
        <link:definition>0000006 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCASHFLOWS" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFCASHFLOWS">
        <link:definition>0000007 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCASHFLOWSParenthetical" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFCASHFLOWSParenthetical">
        <link:definition>0000008 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITY" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITY">
        <link:definition>0000009 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITYParenthetical" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITYParenthetical">
        <link:definition>0000010 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIES" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIES">
        <link:definition>0000011 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITION" roleURI="http://www.troweprice.com/role/ACQUISITION">
        <link:definition>0000012 - Disclosure - ACQUISITION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CASHEQUIVALENTS" roleURI="http://www.troweprice.com/role/CASHEQUIVALENTS">
        <link:definition>0000013 - Disclosure - CASH EQUIVALENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICES" roleURI="http://www.troweprice.com/role/INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICES">
        <link:definition>0000014 - Disclosure - INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTS" roleURI="http://www.troweprice.com/role/INVESTMENTS">
        <link:definition>0000015 - Disclosure - INVESTMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTS" roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTS">
        <link:definition>0000016 - Disclosure - FAIR VALUE MEASUREMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTS" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTS">
        <link:definition>0000017 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASES" roleURI="http://www.troweprice.com/role/LEASES">
        <link:definition>0000018 - Disclosure - LEASES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYEQUIPMENTANDSOFTWARE" roleURI="http://www.troweprice.com/role/PROPERTYEQUIPMENTANDSOFTWARE">
        <link:definition>0000019 - Disclosure - PROPERTY, EQUIPMENT AND SOFTWARE</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDINTANGIBLEASSETS" roleURI="http://www.troweprice.com/role/GOODWILLANDINTANGIBLEASSETS">
        <link:definition>0000020 - Disclosure - GOODWILL AND INTANGIBLE ASSETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXES" roleURI="http://www.troweprice.com/role/INCOMETAXES">
        <link:definition>0000021 - Disclosure - INCOME TAXES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKHOLDERSEQUITY" roleURI="http://www.troweprice.com/role/STOCKHOLDERSEQUITY">
        <link:definition>0000022 - Disclosure - STOCKHOLDERS' EQUITY</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATION" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATION">
        <link:definition>0000023 - Disclosure - STOCK-BASED COMPENSATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHARECALCULATIONS" roleURI="http://www.troweprice.com/role/EARNINGSPERSHARECALCULATIONS">
        <link:definition>0000024 - Disclosure - EARNINGS PER SHARE CALCULATIONS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOME" roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOME">
        <link:definition>0000025 - Disclosure - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="COMMITMENTSANDCONTINGENCIES" roleURI="http://www.troweprice.com/role/COMMITMENTSANDCONTINGENCIES">
        <link:definition>0000026 - Disclosure - COMMITMENTS AND CONTINGENCIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERDISCLOSURES" roleURI="http://www.troweprice.com/role/OTHERDISCLOSURES">
        <link:definition>0000027 - Disclosure - OTHER DISCLOSURES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPolicies" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPolicies">
        <link:definition>0000028 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONTables" roleURI="http://www.troweprice.com/role/ACQUISITIONTables">
        <link:definition>0000029 - Disclosure - ACQUISITION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESTables" roleURI="http://www.troweprice.com/role/INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESTables">
        <link:definition>0000030 - Disclosure - INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSTables" roleURI="http://www.troweprice.com/role/INVESTMENTSTables">
        <link:definition>0000031 - Disclosure - INVESTMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSTables" roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSTables">
        <link:definition>0000032 - Disclosure - FAIR VALUE MEASUREMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSTables" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSTables">
        <link:definition>0000033 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESTables" roleURI="http://www.troweprice.com/role/LEASESTables">
        <link:definition>0000034 - Disclosure - LEASES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYEQUIPMENTANDSOFTWARETables" roleURI="http://www.troweprice.com/role/PROPERTYEQUIPMENTANDSOFTWARETables">
        <link:definition>0000035 - Disclosure - PROPERTY, EQUIPMENT AND SOFTWARE (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDINTANGIBLEASSETSTables" roleURI="http://www.troweprice.com/role/GOODWILLANDINTANGIBLEASSETSTables">
        <link:definition>0000036 - Disclosure - GOODWILL AND INTANGIBLE ASSETS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESTables" roleURI="http://www.troweprice.com/role/INCOMETAXESTables">
        <link:definition>0000037 - Disclosure - INCOME TAXES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONTables" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONTables">
        <link:definition>0000038 - Disclosure - STOCK-BASED COMPENSATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHARECALCULATIONSTables" roleURI="http://www.troweprice.com/role/EARNINGSPERSHARECALCULATIONSTables">
        <link:definition>0000039 - Disclosure - EARNINGS PER SHARE CALCULATIONS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMETables" roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMETables">
        <link:definition>0000040 - Disclosure - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESNarrativeDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESNarrativeDetails">
        <link:definition>0000041 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESVariableInterestEntitiesDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESVariableInterestEntitiesDetails">
        <link:definition>0000042 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Variable Interest Entities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPropertyEquipmentandSoftwareDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESPropertyEquipmentandSoftwareDetails">
        <link:definition>0000043 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property, Equipment and Software (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESIntangibleAssetsDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESIntangibleAssetsDetails">
        <link:definition>0000044 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Intangible Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESGoodwillDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESGoodwillDetails">
        <link:definition>0000045 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESRevenueRecognitionDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESRevenueRecognitionDetails">
        <link:definition>0000046 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESStockbasedCompensationDetails" roleURI="http://www.troweprice.com/role/BASISOFPREPARATIONANDSUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESStockbasedCompensationDetails">
        <link:definition>0000047 - Disclosure - BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Stock-based Compensation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONNarrativeDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONNarrativeDetails">
        <link:definition>0000048 - Disclosure - ACQUISITION - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONAssetsAcquiredandLiabilitiesAssumedDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONAssetsAcquiredandLiabilitiesAssumedDetails">
        <link:definition>0000049 - Disclosure - ACQUISITION - Assets Acquired and Liabilities Assumed (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONInvestmentsNarrativeDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONInvestmentsNarrativeDetails">
        <link:definition>0000050 - Disclosure - ACQUISITION - Investments - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONCompensationArrangementsNarrativeDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONCompensationArrangementsNarrativeDetails">
        <link:definition>0000051 - Disclosure - ACQUISITION - Compensation Arrangements - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONCashFlowInformationNarrativeDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONCashFlowInformationNarrativeDetails">
        <link:definition>0000052 - Disclosure - ACQUISITION - Cash Flow Information - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONProFormaInformationDetails" roleURI="http://www.troweprice.com/role/ACQUISITIONProFormaInformationDetails">
        <link:definition>0000053 - Disclosure - ACQUISITION - Pro Forma Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CASHEQUIVALENTSDetails" roleURI="http://www.troweprice.com/role/CASHEQUIVALENTSDetails">
        <link:definition>0000054 - Disclosure - CASH EQUIVALENTS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESInvestmentAdvisoryServicesDetails" roleURI="http://www.troweprice.com/role/INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESInvestmentAdvisoryServicesDetails">
        <link:definition>0000055 - Disclosure - INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES - Investment Advisory Services (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESServicesConcentrationandReceivablesDetails" roleURI="http://www.troweprice.com/role/INFORMATIONABOUTRECEIVABLESREVENUESANDSERVICESServicesConcentrationandReceivablesDetails">
        <link:definition>0000056 - Disclosure - INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES - Services Concentration and Receivables (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSCarryingValueofInvestmentsDetails" roleURI="http://www.troweprice.com/role/INVESTMENTSCarryingValueofInvestmentsDetails">
        <link:definition>0000057 - Disclosure - INVESTMENTS - Carrying Value of Investments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSNarrativeDetails" roleURI="http://www.troweprice.com/role/INVESTMENTSNarrativeDetails">
        <link:definition>0000058 - Disclosure - INVESTMENTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSDeconsolidationImpactsonFinancialStatementsDetails" roleURI="http://www.troweprice.com/role/INVESTMENTSDeconsolidationImpactsonFinancialStatementsDetails">
        <link:definition>0000059 - Disclosure - INVESTMENTS - Deconsolidation Impacts on Financial Statements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSVariableInterestEntitiesDetails" roleURI="http://www.troweprice.com/role/INVESTMENTSVariableInterestEntitiesDetails">
        <link:definition>0000060 - Disclosure - INVESTMENTS - Variable Interest Entities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INVESTMENTSTotalAssetsLiabilitiesandNoncontrollingInterestsDetails" roleURI="http://www.troweprice.com/role/INVESTMENTSTotalAssetsLiabilitiesandNoncontrollingInterestsDetails">
        <link:definition>0000061 - Disclosure - INVESTMENTS - Total Assets, Liabilities and Non-controlling Interests (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSDetails" roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSDetails">
        <link:definition>0000062 - Disclosure - FAIR VALUE MEASUREMENTS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSNarrativeDetails" roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSNarrativeDetails">
        <link:definition>0000063 - Disclosure - FAIR VALUE MEASUREMENTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSScheduleofChangeinContingentConsiderationLiabilityDetails" roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSScheduleofChangeinContingentConsiderationLiabilityDetails">
        <link:definition>0000064 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of Change in Contingent Consideration Liability (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSNetAssetsDetails" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSNetAssetsDetails">
        <link:definition>0000065 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Net Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSOperatingResultsDetails" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSOperatingResultsDetails">
        <link:definition>0000066 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Operating Results (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSNarrativeDetails" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSNarrativeDetails">
        <link:definition>0000067 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSStatementofCashFlowsDetails" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSStatementofCashFlowsDetails">
        <link:definition>0000068 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Statement of Cash Flows (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSFairValueMeasurementsDetails" roleURI="http://www.troweprice.com/role/CONSOLIDATEDSPONSOREDINVESTMENTPRODUCTSFairValueMeasurementsDetails">
        <link:definition>0000069 - Disclosure - CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Fair Value Measurements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESAdditionalInformationDetails" roleURI="http://www.troweprice.com/role/LEASESAdditionalInformationDetails">
        <link:definition>0000070 - Disclosure - LEASES - Additional Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofFutureMinimumLeasePaymentsDetails" roleURI="http://www.troweprice.com/role/LEASESScheduleofFutureMinimumLeasePaymentsDetails">
        <link:definition>0000071 - Disclosure - LEASES - Schedule of Future Minimum Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofFutureMinimumLeasePaymentsDetails_1" roleURI="http://www.troweprice.com/role/LEASESScheduleofFutureMinimumLeasePaymentsDetails_1">
        <link:definition>0000071 - Disclosure - LEASES - Schedule of Future Minimum Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYEQUIPMENTANDSOFTWAREDetails" roleURI="http://www.troweprice.com/role/PROPERTYEQUIPMENTANDSOFTWAREDetails">
        <link:definition>0000072 - Disclosure - PROPERTY, EQUIPMENT AND SOFTWARE (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PROPERTYEQUIPMENTANDSOFTWARENarrativeDetails" roleURI="http://www.troweprice.com/role/PROPERTYEQUIPMENTANDSOFTWARENarrativeDetails">
        <link:definition>0000073 - Disclosure - PROPERTY, EQUIPMENT AND SOFTWARE - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDINTANGIBLEASSETSGoodwillandIntangibleAssetsDetails" roleURI="http://www.troweprice.com/role/GOODWILLANDINTANGIBLEASSETSGoodwillandIntangibleAssetsDetails">
        <link:definition>0000074 - Disclosure - GOODWILL AND INTANGIBLE ASSETS - Goodwill and Intangible Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDINTANGIBLEASSETSGoodwillDetails" roleURI="http://www.troweprice.com/role/GOODWILLANDINTANGIBLEASSETSGoodwillDetails">
        <link:definition>0000075 - Disclosure - GOODWILL AND INTANGIBLE ASSETS - Goodwill (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDINTANGIBLEASSETSNarrativeDetails" roleURI="http://www.troweprice.com/role/GOODWILLANDINTANGIBLEASSETSNarrativeDetails">
        <link:definition>0000076 - Disclosure - GOODWILL AND INTANGIBLE ASSETS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESProvisionforIncomeTaxesDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESProvisionforIncomeTaxesDetails">
        <link:definition>0000077 - Disclosure - INCOME TAXES - Provision for Income Taxes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESDeferredIncomeTaxesBenefitsDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESDeferredIncomeTaxesBenefitsDetails">
        <link:definition>0000078 - Disclosure - INCOME TAXES - Deferred Income Taxes (Benefits) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESEffectiveIncomeTaxRateReconciliationDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESEffectiveIncomeTaxRateReconciliationDetails">
        <link:definition>0000079 - Disclosure - INCOME TAXES - Effective Income Tax Rate Reconciliation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESNetDeferredTaxAssetsLiabilitiesDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESNetDeferredTaxAssetsLiabilitiesDetails">
        <link:definition>0000080 - Disclosure - INCOME TAXES - Net Deferred Tax Assets (Liabilities) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESAdditionalInformationDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESAdditionalInformationDetails">
        <link:definition>0000081 - Disclosure - INCOME TAXES - Additional Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESChangesinUnrecognizedTaxBenefitsDetails" roleURI="http://www.troweprice.com/role/INCOMETAXESChangesinUnrecognizedTaxBenefitsDetails">
        <link:definition>0000082 - Disclosure - INCOME TAXES - Changes in Unrecognized Tax Benefits (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKHOLDERSEQUITYDetails" roleURI="http://www.troweprice.com/role/STOCKHOLDERSEQUITYDetails">
        <link:definition>0000083 - Disclosure - STOCKHOLDERS' EQUITY (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONSharesAuthorizedForStockBasedCompensationProgramsDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONSharesAuthorizedForStockBasedCompensationProgramsDetails">
        <link:definition>0000084 - Disclosure - STOCK-BASED COMPENSATION - Shares Authorized For Stock-Based Compensation Programs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONStockOptionsDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONStockOptionsDetails">
        <link:definition>0000085 - Disclosure - STOCK-BASED COMPENSATION - Stock Options (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONStockOptionsNarrativeDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONStockOptionsNarrativeDetails">
        <link:definition>0000086 - Disclosure - STOCK-BASED COMPENSATION - Stock Options Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONRestrictedSharesandStockUnitsDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONRestrictedSharesandStockUnitsDetails">
        <link:definition>0000087 - Disclosure - STOCK-BASED COMPENSATION - Restricted Shares and Stock Units (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONRestrictedSharesandStockUnitsNarrativeDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONRestrictedSharesandStockUnitsNarrativeDetails">
        <link:definition>0000088 - Disclosure - STOCK-BASED COMPENSATION - Restricted Shares and Stock Units Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONFutureStockBasedCompensationExpenseDetails" roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONFutureStockBasedCompensationExpenseDetails">
        <link:definition>0000089 - Disclosure - STOCK-BASED COMPENSATION - Future Stock-Based Compensation Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHARECALCULATIONSDetails" roleURI="http://www.troweprice.com/role/EARNINGSPERSHARECALCULATIONSDetails">
        <link:definition>0000090 - Disclosure - EARNINGS PER SHARE CALCULATIONS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMEDeferredTaxBenefitsIncomeTaxesDetails" roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMEDeferredTaxBenefitsIncomeTaxesDetails">
        <link:definition>0000091 - Disclosure - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME - Deferred Tax Benefits (Income Taxes) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMEAccumulatedOtherComprehensiveIncomeDetails" roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMEAccumulatedOtherComprehensiveIncomeDetails">
        <link:definition>0000092 - Disclosure - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME - Accumulated Other Comprehensive Income (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMENarrativeDetails" roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVEINCOMENarrativeDetails">
        <link:definition>0000093 - Disclosure - OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME -Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="COMMITMENTSANDCONTINGENCIESDetails" roleURI="http://www.troweprice.com/role/COMMITMENTSANDCONTINGENCIESDetails">
        <link:definition>0000094 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERDISCLOSURESDetails" roleURI="http://www.troweprice.com/role/OTHERDISCLOSURESDetails">
        <link:definition>0000095 - Disclosure - OTHER DISCLOSURES (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="trow_DistributionExpenses" abstract="false" name="DistributionExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_OtherDisclosuresTextBlock" abstract="false" name="OtherDisclosuresTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_ConsolidatedSponsoredInvestmentPortfoliosTextBlock" abstract="false" name="ConsolidatedSponsoredInvestmentPortfoliosTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_SecuredDebtRepurchaseAgreementsInterestExpense" abstract="false" name="SecuredDebtRepurchaseAgreementsInterestExpense" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoOther" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoOther" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentsInEuropeanCollateralizedLoanObligationsMember" abstract="true" name="InvestmentsInEuropeanCollateralizedLoanObligationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ConsolidatedInvestmentPortfoliosMember" abstract="true" name="ConsolidatedInvestmentPortfoliosMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredTaxLiabilitiesContingentConsiderationLiability" abstract="false" name="DeferredTaxLiabilitiesContingentConsiderationLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_StockAndBlendedAssetMember" abstract="true" name="StockAndBlendedAssetMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_SponsoredInvestmentPortfoliosSeedCapitalMember" abstract="true" name="SponsoredInvestmentPortfoliosSeedCapitalMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DepreciationAmortizationAndImpairmentOfPropertyEquipmentAndSoftware" abstract="false" name="DepreciationAmortizationAndImpairmentOfPropertyEquipmentAndSoftware" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiability" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_OHAAcquisitionMember" abstract="true" name="OHAAcquisitionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyEquipmentAndSoftware" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyEquipmentAndSoftware" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentAdvisoryAgreementsMember" abstract="true" name="InvestmentAdvisoryAgreementsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_OAKHILLADVISORSLPMember" abstract="true" name="OAKHILLADVISORSLPMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuableRestrictionFromSalePeriod" abstract="false" name="BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuableRestrictionFromSalePeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting" abstract="false" name="EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_RedeemableNoncontrollingInterestMember" abstract="true" name="RedeemableNoncontrollingInterestMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ComponentsOfAssetsUnderManagementTableTextBlock" abstract="false" name="ComponentsOfAssetsUnderManagementTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_RestrictedStockAndRestrictedStockUnitsMember" abstract="true" name="RestrictedStockAndRestrictedStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent" abstract="false" name="EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitsTaxShortfallsPercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_CompensationAndRelatedCostsMember" abstract="true" name="CompensationAndRelatedCostsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_MultiAssetMember" abstract="true" name="MultiAssetMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear" abstract="false" name="EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_LongTermInvestmentsPercentPurchased" abstract="false" name="LongTermInvestmentsPercentPurchased" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_BusinessAcquisitionNonControllingInterestAttributableToFundsWithDefiniteLife" abstract="false" name="BusinessAcquisitionNonControllingInterestAttributableToFundsWithDefiniteLife" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear" abstract="false" name="EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterTwoOfNextFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_AffiliatedPrivateInvestmentFundsEstimatedWeightedAverageRemainingLife" abstract="false" name="AffiliatedPrivateInvestmentFundsEstimatedWeightedAverageRemainingLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice" abstract="false" name="ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_SponsoredInvestmentPortfoliosSupplementalSavingsPlanLiabilityEconomicHedgesMember" abstract="true" name="SponsoredInvestmentPortfoliosSupplementalSavingsPlanLiabilityEconomicHedgesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredTaxAssetsOperatingLeaseLiabilities" abstract="false" name="DeferredTaxAssetsOperatingLeaseLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedDividendEquivalentsGrantedToNonEmployeeDirectors" abstract="false" name="SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedDividendEquivalentsGrantedToNonEmployeeDirectors" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_BusinessAcquisitionNonControllingInterestWeightedAverageRemainingLife" abstract="false" name="BusinessAcquisitionNonControllingInterestWeightedAverageRemainingLife" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_NetIncomeLossIncludingNonControllingInterestCompensationExpenseAttributableToParent" abstract="false" name="NetIncomeLossIncludingNonControllingInterestCompensationExpenseAttributableToParent" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_SecuredDebtDebtAssumed" abstract="false" name="SecuredDebtDebtAssumed" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear" abstract="false" name="EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfNextFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_AlternativesInvestmentMember" abstract="true" name="AlternativesInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredTaxLiabilitiesOperatingLeaseAssets" abstract="false" name="DeferredTaxLiabilitiesOperatingLeaseAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_IncomeTaxReformLineItems" abstract="true" name="IncomeTaxReformLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedToAcquiredInvestments" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedToAcquiredInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfSharesWithheldForTaxes" abstract="false" name="StockIssuedDuringPeriodValueRestrictedStockAwardNetOfSharesWithheldForTaxes" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios" abstract="false" name="IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessAcquisitionAffiliatedPrivateInvestmentFundsFairValue" abstract="false" name="BusinessAcquisitionAffiliatedPrivateInvestmentFundsFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_ScheduleOfIntangibleAssetsAndGoodwillLineItems" abstract="true" name="ScheduleOfIntangibleAssetsAndGoodwillLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarningsThresholdPercentage" abstract="false" name="EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarningsThresholdPercentage" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" abstract="false" name="EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitTaxShortfallAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_UnsettledCommonStockRepurchasesLiabilities" abstract="false" name="UnsettledCommonStockRepurchasesLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders" abstract="false" name="NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredTaxLiabilitiesForIntendedRepatriation" abstract="false" name="DeferredTaxLiabilitiesForIntendedRepatriation" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_SpecialDividendsCash" abstract="false" name="SpecialDividendsCash" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationEarnoutSecondThresholdFairValue" abstract="false" name="BusinessCombinationEarnoutSecondThresholdFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_PreviouslyTaxedEarningsAndProfitsOfForeignSubsidiariesWithUnremittedEarnings" abstract="false" name="PreviouslyTaxedEarningsAndProfitsOfForeignSubsidiariesWithUnremittedEarnings" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoCompensationandBenefitsDeferredCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfSharesWithheldForTaxes" abstract="false" name="StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfSharesWithheldForTaxes" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_BusinessAcquisitionCompensationExpenseIncludedInCurrentPeriod" abstract="false" name="BusinessAcquisitionCompensationExpenseIncludedInCurrentPeriod" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_CommonStockSpecialDividendsPerShareDeclared" abstract="false" name="CommonStockSpecialDividendsPerShareDeclared" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="trow_UnrecognizedTaxBenefitsChangesInTaxPositionRelatedToAbstract" abstract="true" name="UnrecognizedTaxBenefitsChangesInTaxPositionRelatedToAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_OHACommitmentsMember" abstract="true" name="OHACommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ComputerAndCommunicationsSoftwareAndEquipmentMember" abstract="true" name="ComputerAndCommunicationsSoftwareAndEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessAcquisitionAffiliatedPrivateInvestmentFundsUnrealizedGainLoss" abstract="false" name="BusinessAcquisitionAffiliatedPrivateInvestmentFundsUnrealizedGainLoss" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoStockBasedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_IncomeTaxReformTable" abstract="true" name="IncomeTaxReformTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="trow_DeferredTaxAssetNetUnrealizedHoldingLosssRecognizedInIncome" abstract="false" name="DeferredTaxAssetNetUnrealizedHoldingLosssRecognizedInIncome" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_CoInvestmentEntitiesMember" abstract="true" name="CoInvestmentEntitiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_InvestmentPartnershipsAndOtherInvestmentsMember" abstract="true" name="InvestmentPartnershipsAndOtherInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationEarnoutPercentageThreshold" abstract="false" name="BusinessCombinationEarnoutPercentageThreshold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_DividendShareBasedPaymentArrangementPaidInKindShares" abstract="false" name="DividendShareBasedPaymentArrangementPaidInKindShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_OherAdministrativeServiceMember" abstract="true" name="OherAdministrativeServiceMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedToContingentConsiderationLiability" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedToContingentConsiderationLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities" abstract="false" name="NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_FixedIncomeIncludingMoneyMarketMember" abstract="true" name="FixedIncomeIncludingMoneyMarketMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities" abstract="false" name="LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock" abstract="false" name="ScheduleofDeconsolidationImpactsonFinancialStatementsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_SponsoredMutualFundsInUSMember" abstract="true" name="SponsoredMutualFundsInUSMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios" abstract="false" name="NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_VerticalStripInvestmentMember" abstract="true" name="VerticalStripInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedExpenses" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedExpenses" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome" abstract="false" name="DeferredTaxLiabilitiesNetUnrealizedHoldingGainsRecognizedinIncome" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_ComponentsOfInvestmentAdvisoryFeesTableTextBlock" abstract="false" name="ComponentsOfInvestmentAdvisoryFeesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_CompensationAndRelatedCostMember" abstract="true" name="CompensationAndRelatedCostMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DirectorPlansMember" abstract="true" name="DirectorPlansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationEarnoutPayoutIf75PercentThresholdNotMet" abstract="false" name="BusinessCombinationEarnoutPayoutIf75PercentThresholdNotMet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_A2017NonEmployeeDirectorEquityPlanMember" abstract="true" name="A2017NonEmployeeDirectorEquityPlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ScheduleOfIntangibleAssetsAndGoodwillTable" abstract="true" name="ScheduleOfIntangibleAssetsAndGoodwillTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="trow_InvestmentsInAffiliatedPrivateInvestmentFundsSeedCoInvestmentMember" abstract="true" name="InvestmentsInAffiliatedPrivateInvestmentFundsSeedCoInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock" abstract="false" name="ConsolidatedSponsoredInvestmentPortfoliosCondensedIncomeStatementTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_OtherClientsMember" abstract="true" name="OtherClientsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsReceivableAndAccruedRevenue" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsReceivableAndAccruedRevenue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock" abstract="false" name="ScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisforConsolidatedSponsoredInvestmentPortfoliosTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_AssetsUnderManagementMember" abstract="true" name="AssetsUnderManagementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_TechnologyDepreciationOccupancyAndFacilityExpenses" abstract="false" name="TechnologyDepreciationOccupancyAndFacilityExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_AdministrativeDistributionAndServicingMember" abstract="true" name="AdministrativeDistributionAndServicingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationIncentivePaymentPercentage" abstract="false" name="BusinessCombinationContingentConsiderationIncentivePaymentPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_AccumulatedForeignCurrencyAdjustmentAttributableToParentDeconsolidationMember" abstract="true" name="AccumulatedForeignCurrencyAdjustmentAttributableToParentDeconsolidationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred" abstract="false" name="DeferredCompensationArrangementwithIndividualCashAwardsGrantedPercentageDeferred" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_NumberOfPerformanceObligations" abstract="false" name="NumberOfPerformanceObligations" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="trow_BusinessCombinationConsiderationTransferredEquitySharesIssuedAndIssuable" abstract="false" name="BusinessCombinationConsiderationTransferredEquitySharesIssuedAndIssuable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_InformationAboutReceivablesRevenuesAndServicesTextBlock" abstract="false" name="InformationAboutReceivablesRevenuesAndServicesTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_SponsoredInvestmentPortfoliosMember" abstract="true" name="SponsoredInvestmentPortfoliosMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber" abstract="false" name="SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsNonvestedPerformanceThresholdMetNumber" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_BusinessAcquisitionAffiliatedPrivateInvestmentFundsAmortizationOfUnrealizedGainLoss" abstract="false" name="BusinessAcquisitionAffiliatedPrivateInvestmentFundsAmortizationOfUnrealizedGainLoss" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_CapitalAllocationBasedIncomeMember" abstract="true" name="CapitalAllocationBasedIncomeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_SubscriptionFromRedemptionDistributionToNoncontrollingInterest" abstract="false" name="SubscriptionFromRedemptionDistributionToNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent" abstract="false" name="IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_UtiAssetManagementCompanyIndiaMember" abstract="true" name="UtiAssetManagementCompanyIndiaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationUpfrontConsiderationRetentionExpense" abstract="false" name="BusinessCombinationUpfrontConsiderationRetentionExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios" abstract="false" name="InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InformationAboutReceivablesRevenuesAndServicesAbstract" abstract="true" name="InformationAboutReceivablesRevenuesAndServicesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_EuroInterbankOfferRateEURIBORMember" abstract="true" name="EuroInterbankOfferRateEURIBORMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements" abstract="false" name="AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_OtherCommitmentPeriod" abstract="false" name="OtherCommitmentPeriod" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_VotingInterestEntitiesMember" abstract="true" name="VotingInterestEntitiesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoUnrealizedHoldingGainsRecognizedinIncome" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestments" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestments" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivableAmount" abstract="false" name="VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivableAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_NumberOfInvestmentAdvisoryBusiness" abstract="false" name="NumberOfInvestmentAdvisoryBusiness" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="trow_DeconsolidationValue" abstract="false" name="DeconsolidationValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsAccruedCompensation" abstract="false" name="DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsAccruedCompensation" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoAccruedCompensation" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoAccruedCompensation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_OtherDisclosuresAbstract" abstract="true" name="OtherDisclosuresAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock" abstract="false" name="ConsolidatedSponsoredInvestmentPortfoliosCondensedCashFlowStatementTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities" abstract="false" name="AssetsOfVotingInterestEntitiesAndVariableInterestEntities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_AuditInformationAbstract" abstract="true" name="AuditInformationAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear" abstract="false" name="EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterOneOfNextFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_VestedRestrictedStockUnits" abstract="false" name="VestedRestrictedStockUnits" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="trow_InvestmentsInAffiliatedPrivateInvestmentFundsCarriedInterestMember" abstract="true" name="InvestmentsInAffiliatedPrivateInvestmentFundsCarriedInterestMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationPostCombinationCompensationExpenseRecognitionPeriod" abstract="false" name="BusinessCombinationContingentConsiderationPostCombinationCompensationExpenseRecognitionPeriod" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_SponsoredInvestmentPortfoliosDiscretionaryInvestmentsMember" abstract="true" name="SponsoredInvestmentPortfoliosDiscretionaryInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue" abstract="false" name="SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="trow_AccumulatedForeignCurrencyAdjustmentAttributableToParentPartialDispositionOfEquityMethodInvestmentMember" abstract="true" name="AccumulatedForeignCurrencyAdjustmentAttributableToParentPartialDispositionOfEquityMethodInvestmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_IntangibleAssetsAcquired" abstract="false" name="IntangibleAssetsAcquired" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount" abstract="false" name="VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios" abstract="false" name="InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationEarnoutPercentageSecondThreshold" abstract="false" name="BusinessCombinationEarnoutPercentageSecondThreshold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_OtherInvestmentsMeasurementInput" abstract="false" name="OtherInvestmentsMeasurementInput" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="trow_StockholderApprovedPlansForStockOptions" abstract="false" name="StockholderApprovedPlansForStockOptions" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="trow_ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock" abstract="false" name="ConsolidatedSponsoredInvestmentPortfoliosCondensedBalanceSheetTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="trow_DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm" abstract="false" name="DeferredCompensationArrangementwithIndividualInitialMinimumContractualTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_InvestmentsInAffiliatedCollateralizedLoanObligationsMember" abstract="true" name="InvestmentsInAffiliatedCollateralizedLoanObligationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation" abstract="false" name="DeferredTaxAssetsTaxDeferredExpenseCompensationandBenefitsDeferredCompensation" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentAdvisoryClientsMember" abstract="true" name="InvestmentAdvisoryClientsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoPropertyandEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedToAcquisitionRelatedRetentionLiability" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedToAcquisitionRelatedRetentionLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestRate" abstract="false" name="BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestRate" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="trow_DeferredTaxLiabilitiesAcquisitionRelatedRetentionLiability" abstract="false" name="DeferredTaxLiabilitiesAcquisitionRelatedRetentionLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationExtendedEarnoutPaymentPeriod" abstract="false" name="BusinessCombinationContingentConsiderationExtendedEarnoutPaymentPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear" abstract="false" name="EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfNextFiscalYear" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationPostCombinationCompensationExpenseFairValue" abstract="false" name="BusinessCombinationContingentConsiderationPostCombinationCompensationExpenseFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_SubadvisedSeparateAccountsAndOtherInvestmentProductsMember" abstract="true" name="SubadvisedSeparateAccountsAndOtherInvestmentProductsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm" abstract="false" name="DeferredCompensationArrangementwithIndividualInitialMaximumContractualTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoAssetImpairments" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoAssetImpairments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_NumberOfEquityMethodInvestments" abstract="false" name="NumberOfEquityMethodInvestments" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="trow_ConsolidatedSponsoredInvestmentPortfoliosAbstract" abstract="true" name="ConsolidatedSponsoredInvestmentPortfoliosAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="trow_BusinessCombinationContingentConsiderationRetentionBonuses" abstract="false" name="BusinessCombinationContingentConsiderationRetentionBonuses" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseAsset" abstract="false" name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseAsset" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_A2020LongTermIncentivePlanAndThe2017NonEmployeeDirectorEquityPlanMember" abstract="true" name="A2020LongTermIncentivePlanAndThe2017NonEmployeeDirectorEquityPlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_ProductRelatedAndClientServicingExpenses" abstract="false" name="ProductRelatedAndClientServicingExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_EmployeeStockBasedCompensationProgramsMember" abstract="true" name="EmployeeStockBasedCompensationProgramsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount" abstract="false" name="VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessAcquisitionNonControllingInterestUnrealizedGainLoss" abstract="false" name="BusinessAcquisitionNonControllingInterestUnrealizedGainLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_NetGainsLossesRecognizedonInvestments" abstract="false" name="NetGainsLossesRecognizedonInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoOperatingLeaseLiabilities" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoOperatingLeaseLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_BusinessCombinationDeductiblePortionOfGoodwillAcquired" abstract="false" name="BusinessCombinationDeductiblePortionOfGoodwillAcquired" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredIncomeTaxExpenseBenefitRelatedtoOperatingLeaseAssets" abstract="false" name="DeferredIncomeTaxExpenseBenefitRelatedtoOperatingLeaseAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" abstract="false" name="InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="trow_DeferredCompensationArrangementWithIndividualCashAwardsGrantedAmountDeferred" abstract="false" name="DeferredCompensationArrangementWithIndividualCashAwardsGrantedAmountDeferred" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
