Household Recognition automatically recognizes members of your household who have a qualifying T. Rowe Price retail investment relationship and your collective assets towards qualification for our premium Select Client Services programs.
Eligible investors who share the same address are recognized as part of the same household if they have either the:
- Same last name, or
- Joint tenant relationship
We will notify all members of your household of inclusion in the Household Recognition program. Please contact T. Rowe Price if you have additional questions related to your household members for this program.
Qualifying assets for the Household Recognition program include the following account types:
- T. Rowe Price mutual funds
- Brokerage accounts
- T. Rowe Price variable annuity portfolios
- T. Rowe Price College Savings Plans
- Small Business Retirement Plans, including SEP IRA, SIMPLE IRA, 403(b), and Keogh
Assets held in 401(k), Maryland College Investment Plan, or University of Alaska College Savings Plan accounts may be included if an investor also has a qualifying investment in one of the account types listed above. Assets held in estate or corporate accounts are excluded.
Here are some of the ways you and your household may benefit from Household Recognition:
- If you or someone in your household is already a member of Select Client Services, the benefits of the program will become available automatically to all eligible members in your household.
- If the combined assets of the household qualify for Select Client Services, these benefits will become available automatically to all eligible members in the household.
- If the members of the household do not have sufficient assets to be immediately eligible for Select Client Services, the household can qualify more quickly as members add to their investments over time.
You must maintain a positive balance in a qualifying investment to be eligible for the program. However, if you draw the balance of your qualifying investment to $0, you may be removed from the Household Recognition program.
If your household does not currently meet the asset threshold needed to qualify for Select Client Services, you may be able to achieve premium level services more quickly as each member makes new investments.
Households with a single eligible individual qualify for the Household Recognition program and may qualify for the premium benefits of Select Client Services on an individual basis. If another qualifying investor joins your household in the future, that person automatically will become a member of your Household Recognition group.
You may opt out of the Household Recognition program at any time. Opting out will not impact your ability to qualify on your own for the Select Client Services program. If you would like to opt out of the Household Recognition program or prefer not to be included with one or more members of your household, please contact T. Rowe Price.
You may request to include another investor as part of your household at any time. We will honor valid and appropriate requests, including family members at the same address who do not share a common last name. Please contact T. Rowe Price to submit your request of consideration.
Contact T. Rowe Price immediately if you have any concerns regarding the inclusion of any household members.
Any member in the household who changes their address will be advised if this results in a change in their Household Recognition group. Household Recognition group members moving to different addresses will be notified separately to preserve their confidentiality. Please contact T. Rowe Price if you receive such notification and have any questions.
T. Rowe Price will not share any information with any other members of your household except:
- The names of qualifying members of your household, and
- The Select Client Services level your household has achieved
All other information related to membership and investments remains confidential and will not be provided to any qualifying member of your household or to any others who do not have authority to receive or view your confidential information.
Members of your household will not have access to your personal investment information as a result of this program. Your ongoing security and confidentiality is of the utmost importance to T. Rowe Price, and it is unaffected by the Household Recognition program.
Household Recognition will not automatically consolidate any information sent to you or other members of your household. However, many of our clients find services such as combining of statements or consolidation of prospectus and shareholder report mailings to be a valuable benefit. Please contact T. Rowe Price if you wish to participate in these programs.
*To be eligible for the program, each person must directly own a qualifying investment—a T. Rowe Price mutual fund, Brokerage account, variable annuity, or T. Rowe Price College Savings Plan account—or must be a trustee for a trust account or a custodian of a UGMA/UTMA, T. Rowe Price College Savings Plan, or Education Savings Account. Assets held in a 401(k) plan, a Maryland College Investment Plan, or a University of Alaska College Savings Plan account are also eligible for Household Recognition if you have a qualifying investment. Assets held in estate or corporate account are excluded. The Household Recognition program is subject to change without notice.