T. Rowe Price Advisory Services offers the Retirement Advisory Service, an ongoing program for individual investors that combines financial planning, retirement income planning, and discretionary investment management using proprietary mutual funds and exchange-traded funds. Clients complete an online questionnaire to receive a goals-based financial plan and a recommended model portfolio tailored to their time horizon and risk tolerance. For clients who enroll in discretionary management, T. Rowe Price Advisory Services manages eligible accounts on a discretionary basis, automatically rebalancing portfolios and implementing tax-aware strategies such as asset location and minimizing short-term capital gains. The service includes telephone access to financial advisors supported by digital tools. Financial planning and retirement income planning are also available as part of the service without a separate planning fee. The program is designed for longer-term investing through retirement and requires a minimum investment of $250,000 per household.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.90% |
The gross advisory fee is up to 0.90% and is offset by the underlying operating expenses of the proprietary funds held in the account, resulting in an estimated net advisory fee ranging from 0.43% to 0.56% depending on the model portfolio.