I own the stock but don"t own any of trow's
funds. They don't perform competetively. If they had
some winners they would attract more attention. Their
performance is mediocre and my bet is they will be acquired.
I know this is a late reply (sorry about
You asked about 401(k)s, IRAs and offering other
funds in them...
TROW does offer that option for
its pension recordkeeping and management (401-ks,
PSPs, MPPPs, DEFC457s, etc), but it does so
reluctantly. TROW obviously prefers and recommends using its
own funds (for obvious reasons), and can provde
better resources and information to participants about
Additionally, TROW is about 4th in the market for pension
plans...they tend to only accept existing plans, and don't
start new ones, unless they are small company plans
which exist as their 'century plan' product. The big
growth in this area is naturally in existing firms that
have large participant bases (5000 employees+). Some
of these plans can add huge blocks (in the mulitple
millions) of assets under management at a time, compared to
the $2500 of an individual account.
that helps answer your questions...for fear of boring
the rest of the readers, go ahead and send an e-mail
to firstname.lastname@example.org if you need to know
From March to April GS increased total volume in MM activity by more then 250% to move from #10 most active to #2 (this seems to be an unusually large change in activity.) You might have something.
In case you want to know...
I came across
Computer Research (CRIX) and could not believe my eyes.
This company is loaded with cash and is really
starting to grow. They do transactions for the brokerage
industry and say (of course) that they are doing more
business because everyone is doing more
I can see these guys getting into online trading
and investing (IMO)
It's at $2 now and I think
I will hold for $10.
Consider reviewing your investment choices and
switching them around ( if that option exists ) in your
401K. T Rowe is somewhat unresponsive to 401(k)
participants when it comes to question about funds'
performance. Call their retail side ( 800-225-5132 ) and ask
for the "performance update". That document ( very
easy to read & understand ) will list all T Rowe funds
and show the performance returns for the most recent
quarter, 1, 3, and 5 years and since inception returns.
You can't be passive with your investment choices and
expect them to perform. Ask for that "update" every 3
months or so and check on your funds' performance.
T Rowe now offers internet trading for $29.95,
just like Schwab. Unless you're doing very high dollar
value transactions your commission will be $29.95. I
don't know where the cutoff rate is where the internet
commission might exceed that amount but it's still cheaper
than speaking to one of their brokers directly.
--- current T. Rowe employee. P.S. I don't get any
additional discount for being one of their workers.