T. Rowe Price Australia Limited (Sydney, New South Wales)


T. Rowe Price Australia Limited is a large advisory firm based in Sydney, New South Wales. It manages $4.05 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Maryland.

T. Rowe Price Australia Limited provides portfolio management for individuals and small businesses 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.

T. Rowe Price Australia Limited: assets under management

The assets under management (AUM) of T. Rowe Price Australia Limited is $4.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $4.05 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $311.48 million each.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay T. Rowe Price Australia Limited for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Keswaral Nmn Visuvalingham serves?

The only and largest group of clients of Keswaral Nmn Visuvalingham is pooled investment vehicles with 12 clients and $4.05 billion of assets under management. Among the 11 most similar advisory firms, T. Rowe Price Australia Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.05 billion for 12 clients. 100% of the firm’s clients are foreign persons or businesses.

T. Rowe Price Australia Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at T. Rowe Price Australia Limited

The company employs 32 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Keswaral Nmn Visuvalingham has been acting as President since 1 Apr 2018. Nicholas Scott Trueman joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Randal Jenneke Director 1 Jul 2017 Other 7090862
Murray Edward Brewer Director 1 Jul 2017 Other 7090914
David Nmn Oestreicher Cheif legal counsel 1 Apr 2018 Other 4594569
Jeremy M Mi Only Fisher Cheif compliance officer 1 Apr 2018 Other 5401387
Inc. T. Rowe Price Associates Direct owner 1 Apr 2018 75% - 100% 52-2264646
Keswaral Nmn Visuvalingham Director 1 Apr 2018 Other 5870321
Scott E Keller Director 1 Apr 2018 Other 6414432
Naoyuki Honda Director 1 Apr 2018 Other 1312138
Phillipe Maurice Jacques Ayral Director 1 Apr 2018 Other 6916126
Archibald Ciganer Director 1 Apr 2018 Other 6916132
Hiroshi Watanabe Director 1 Apr 2018 Other 6916135
Tateomi Fujino Director 1 Apr 2018 Other 5559080
Yasuo Miyajima Director 1 Apr 2018 Other 6916141
Kuniaki Doi Director 1 Apr 2018 Other 2650625
Nicholas Scott Trueman Director 1 Jan 2019 Other 7090925

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. T. Rowe Price Group Indirect owner 1 Jan 2011 75% - 100% 52-2264646

Based in Sydney, New South Wales

The principal office where T. Rowe Price Australia Limited performs its advisory services is located at Level 50, Governor Phillip Tower,, Sydney, New South Wales, 2000, 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 61 2 8667 5700. 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.