# T. Rowe Price Australia Limited

> T. Rowe Price Australia Limited is an SEC-registered investment advisory firm in Sydney, Nsw, Australia, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 290594
- Filed as: T. ROWE PRICE AUSTRALIA LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sydney, Nsw, Australia
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/290594
- AdvisorCensus page: https://advisorcensus.com/firm/t-rowe-price-australia-limited-sydney-nsw-290594

## Quick answers

**How is T. Rowe Price Australia Limited compensated?**
On its Form ADV (Item 5.E, October 2026), T. Rowe Price Australia Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is T. Rowe Price Australia Limited located?**
T. Rowe Price Australia Limited's principal office is in Sydney, Nsw, Australia, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is T. Rowe Price Australia Limited registered with the SEC or a state?**
T. Rowe Price Australia Limited is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290594.

**How much does T. Rowe Price Australia Limited manage?**
T. Rowe Price Australia Limited reports $16,709,888,821 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).

**How have T. Rowe Price Australia Limited's assets and staff changed since 2021?**
In the Form ADV data for T. Rowe Price Australia Limited: Regulatory assets under management: $13,908,417,334 in the October 2021 data and $16,709,888,821 in the October 2026 data, up 20%. Total employees: 40 in October 2021 and 55 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does T. Rowe Price Australia Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (31); investment companies (10).

**Which custodians does T. Rowe Price Australia Limited use?**
T. Rowe Price Australia Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase as a custodian holding 10% or more of its separately managed account assets.

**Does T. Rowe Price Australia Limited report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/290594

**What changed in T. Rowe Price Australia Limited's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- JP Morgan Chase

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $16,709,888,821
- Discretionary: $16,709,888,821
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 10 | $1,591,700,406 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 31 | $14,794,548,616 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $114,826,187 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $8,250,907 |
| Other | Fewer than 5 | $200,562,705 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2018 (8 years)
- Employees: 55 total, 27 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Melbourne

### Websites listed on Form ADV (Item 1.I)
- [troweprice.com](https://troweprice.com)
- LinkedIn @t-rowe-price-australia

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $13,908,417,334 | 40 | March 29, 2021 |
| October 2022 | $15,602,931,205 | 50 | March 31, 2022 |
| October 2023 | $11,127,123,556 | 47 | March 31, 2023 |
| October 2024 | $14,900,499,661 | 58 | September 9, 2024 |
| October 2025 | $17,504,947,128 | 60 | March 31, 2025 |
| October 2026 | $16,709,888,821 | 55 | July 1, 2026 |

Regulatory assets under management: $13,908,417,334 in the October 2021 data and $16,709,888,821 in the October 2026 data, up 20%.
Total employees: 40 in October 2021 and 55 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 28 to 27.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. T. Rowe Price Australia Limited (CRD 290594): Form ADV filing data as of October 2026.