Advisor Hiring Push Could Be A Key Test For T. Rowe Price Stock (TROW)

T. Rowe Price Group has already moved to expand its U.S. Intermediaries Wealth Management capacity, adding more than 50 client-facing roles across broker-dealer, RIA, alternatives, ETF, and model portfolio teams. This buildout points to a deliberate push to deepen advisor engagement and product support at the same time the business prepares for an earnings report that is expected to show pressure from asset outflows and fees. Now the focus turns to how T. Rowe Price’s investment narrative...