Pros
Overall very ethical, stable company, you'll meet many really good people working here. This company has great reputation in the buy side industry, with global scale. Benefits are very good, but standard in the finance industry. 401k match is excellent, this is probably above industry standard. Overall employee friendly culture. Work life balance is valued here, good amount of vacation days, and reasonable managers. Never felt that I can't take vacations as I needed. Nice office environment, expect class A buildings in all locations. Very strong and approachable leadership, especially senior management. They know their stuff, let's put it that way.
Cons
The culture here is a double edged sword. Lack of desire and ability to execute change. Too many "long tenured" employees (middle mgt) that have no idea how rest of the world works. They are way too proud of what the company had accomplished in the past. They know what works, but no idea know how to fix the things that don't. A typical customer at T. Rowe is a baby boomer, and they don't seem to have any urgency to change that. Lack of transparency. Corporate communication here is basically propaganda. You'll only see feel good stories on company intranet. HR never able to actually talk about our business, super worried that employees are not engaged. Very very relationship driven. It's all about who you know. This shouldn't be surprising as investment business is relationship driven. But for a corporation, way too many behind the door conversations, meeting after the meeting, etc. Old school culture. Many HR and social media policies are stuck in the last decade. The company is absolutely having trouble retaining younger generation employees. Compensation on the lower end unless you are an investment professional. It's a good place to work if you are ready to settle down, but if you are looking for accelerated learning, you won't get that here.