T. Rowe Price reviews

Poor pay, and boring people

Sometimes the T Rowe Nice culture of politeness slides into feeling more like a southern country club that is run for the benefit of the portfolio managers and any suggestion of improvements garner a defensive response. The company is finding it hard to adapt from its stock picking culture to the era of big data. There is no data stack but also it's very hard to see how an adoption of modern techniques can be done. As I said technology isn't the obstacle, their tech stack is amazing for such a large company. Instead it's the culture. The PMs are quite content doing things on Excel spread sheets or on Bloomberg, and pulling data in on the fly, so it's very hard to create visible values streams to build a modern data stack. Either they change the culture to enable a proper modern data stack, otherwise Conways law will dominate.