Advisory Planning Services: Benefits - T. Rowe Price

Enjoy personalized advice that truly reflects your needs.

T. Rowe Price Advisory Planning Services will help you determine if you're on track for a comfortable retirement, how to get on track, and how to stay on track. (Or simply how to align your portfolio with your goals.)

Understanding your situation is more important than ever, because medical advances and healthier lifestyles are allowing people to live longer than in the past. Many spend nearly a third of their lives in retirement.

Unfortunately, many people underestimate how much money they need to save and overestimate how much income they can draw from their assets in retirement. It's better to address these issues sooner rather than later.

One-On-One Service Right From the Start

Our comprehensive, step-by-step process ensures that we address your needs:

  • You complete a Client Profile that reflects your current financial situation and goals.
  • We examine your Profile and call you to review it before proceeding.
  • We evaluate your portfolio—assets held at T. Rowe Price and elsewhere.
  • You receive a written Recommendation, complete from analysis, to strategy, to action plan, based on parameters established by our Certified Financial PlannersTM.
  • We review your Recommendation with you by phone.
  • We assist you with implementing your action plan, if you wish.
  • You receive automatic access to ongoing Advisory Checkups to help you stay on track. You may access your Checkup online after you have reviewed your Recommendation with an Advisory Counselor.

There are no additional charges or fees. Our service continues for as long as you choose to remain an Advisory Planning Services client. You can contact the T. Rowe Price Advisory Planning Team at any time to discuss changes in your financial situation, investment goals, or ongoing planning needs.

More Sophisticated Analysis For More Realistic Results

Most generic planning tools assume one average rate of return for your assets—a rate for stocks, a rate for bonds, etc. The problem is, returns vary from year to year, and the sequence of returns can have a significant effect on your portfolio.

Instead, our proprietary process uses a Monte Carlo Analysis, which looks at 1,000 possible market scenarios and considers fluctuating returns on a monthly, not annual, basis—resulting in more realistic projections.

Our advice also takes into account inflation and other financial planning issues not addressed by shortcut methods. We will help you weigh the many, often competing, goals you have for your money — when to retire, the income you'll want/need, asset preservation, and short-term needs.

Specific Advice About Your Portfolio

Once we understand your needs, we will make suggestions based on model portfolios designed to balance risk and return potential. If your current portfolio needs adjusting to match the model, we will:

  • Recommend changing the amount of holdings in certain types of investments—for example, large-cap stocks.
  • Tell you about T. Rowe Price funds that fit your investment goals. You may wish to take advantage of the proven performance and low expenses of our funds, which have attracted nearly three million investors.

As always, any investment decision is up to you.

An Affordable Service That May Even Be Free

The one time fee for our Advisory Planning Services is just $250, which includes ongoing Advisory Checkups, available online.

In fact, the service may be free for you. The one time $250 fee is waived for investors meeting certain criteria related to assets invested with T. Rowe Price and for certain account types (please see the Fiduciary Adviser Disclosure document for ERISA accounts, including IRA account holders). After you complete your Profile, you will be notified if you meet the waiver criteria.

For more information regarding the waiver criteria, please contact us at 877-301-9767.

These services are only available for investors with $100,000 or more in investable assets at T. Rowe Price or elsewhere. We invite investors with less than $100,000 to take advantage of our free resources, including helpful tools and calculators.

Easy Rollover of Your IRA or 401(k)

In recent years, employer-sponsored retirement plans such as 401(k) or 403(b) plans have become one of the largest sources of individual retirement assets. In fact, you may find that you have a majority of your own retirement assets in employer-sponsored retirement plans and Rollover IRAs. That's why it's critical to ensure that these assets are invested in a diversified portfolio based on your financial goals. So we pride ourselves on making it easy to roll over your assets into a T. Rowe Price IRA. Benefits include:

  • Continued tax deferred investing without penalties.
  • A wide range of professional, low-cost investment options.
  • Free, automatic distributions to your checking account when you begin making withdrawals—including required minimum distributions (RMDs) when you reach age 70½.

As an Advisory Planning Services client, Rollover IRA advice and solutions are an integral part of your Recommendation and allow you to see how all of your assets can work together in an integrated, long-term investment strategy.

T. Rowe Price IRAs are available whether or not you use our Advisory Planning Services.

Advisory Planning Services are offered by T. Rowe Price Advisory Services, Inc., a registered investment adviser under the Investment Advisers Act of 1940. T. Rowe Price Advisory Services and T. Rowe Price Investment Services are affiliated companies.