T.Rowe Price Hong Kong Limited is a large advisory firm based in Central. It manages $5.74 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Maryland.
T.Rowe Price Hong Kong Limited provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of T.Rowe Price Hong Kong Limited is $5.74 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay T.Rowe Price Hong Kong Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Christopher David Alderson is investment companies with 7 clients and $4.11 billion of assets under management. Among the 9 most similar advisory firms, T.Rowe Price Hong Kong Limited has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $5.74 billion for 23 clients. 39% of the firm’s clients are foreign persons or businesses.
T.Rowe Price Hong Kong Limited also advises several private funds.
The company employs 106 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 7 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Christopher David Alderson has been acting as President since 1 Jan 2011. Nicholas Scott Trueman joined the executive team most recently as the Director.
The principal office where T.Rowe Price Hong Kong Limited performs its advisory services is located at 6/F Chater House, Central, , which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 011-852-2536-7800 or by fax 011-852-2536-7820. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at troweprice.com.