T. Rowe Price

Goldman Sachs and T. Rowe Price are collaborating to expand access to public and private market investments, primarily targeting retirement and wealth channels. Goldman Sachs will invest up to $1 billion in T. Rowe Price common stock. The partnership will focus on co-branded target-date strategies, model portfolios, and multi-asset offerings, leveraging Goldman’s expertise in alternative investments and T. Rowe Price’s retirement leadership. The goal is to provide a broader range of investors, including individuals and advisors, with diversified investment solutions and personalized advice.

T. Rowe Price released a report offering a college savings roadmap for parents. Authored by Roger Young, the report provides age-based benchmarks, emphasizes flexibility in savings strategies, and highlights the benefits of 529 plans. It aims to help families navigate rising college costs by offering actionable insights and a strategic approach to achieving their educational savings goals.